Shares in McColl’s Retail Group PLC (LON:MCLS) have crashed on Wednesday afternoon as the firm gave shareholders a disappointing update. The retail firm noted that it had swung to an annual loss, as revenues across stores had declined. Additionally, the firm added that store closures had lead to a suspension in final dividend. Within their […]

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British convenience store operator McColl’s Retail Group PLC (LON: MCLS) saw moderately disappointing fundamentals for the third quarter of the financial year, following a period of strategic readjustment. The Group said that they were undergoing a reduction and optimisation of their store base during Q3, and said this round of results reflected this change, a […]

The post McColl’s revenues and sales down amid ‘challenging’ environment appeared first on UK Investor Magazine.