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McColl's – results emphasing “Building foundations for success”… Is it?

2020-02-26 14:59:40

UK convenience retailer, McColl's Retail Group (MCLS) has updated with a headline “Building foundations for success”. The shares have currently responded to around 37p – circa 14% lower!...

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McColl's shares have been marked down by over 75%...but I am still leaving them on the shelf

2019-02-18 02:50:19

Back in early December I expressed my pessimism about the shares of convenience store operator McColl's (MCLS), which have sunk from around 250p a year ago to around the 55p level today. Today's numbers are striking in the sense that everything remains difficult...but inevitably it remains hopeful…

ARTICLE

McColl's continues to struggle to move on from the 1970s

2018-12-03 03:18:07

I reckon the heyday for McColl's Retail Group (MCLS) was in the 1970s and parts of the 1980s and since then it has been all about trying to get by.  The big problem is that the world of the corner shop where you would pop for a pint of milk or a loaf of bread, the daily newspaper, penny chews and the like has moved on.  Convenience has become a bigger theme in a 24/7 world, but it is one which is now fully embraced by both the big supermarkets and the world of delivery.  Meanwhile going into a McColl's store has not changed that much over the last thirty years.

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