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MarketScreener Homepage  >  Equities  >  London Stock Exchange  >  McColl's Retail Group plc    MCLS   GB00BJ3VW957

MCCOLL'S RETAIL GROUP PLC

(MCLS)
  Report
Delayed Quote. Delayed London Stock Exchange - 04/09 11:35:12 am
31.15 GBX   +0.48%
04/05MCCOLL RETAILá : Financial Review
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03/31MCCOLL RETAILá : Download Annual Report & Accounts
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03/29MCCOLL RETAILá : Chief Executive's Review
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'Broader, stronger' Morrisons adds 300 UK stores via McColl's deal

03/01/2021 | 05:37am EDT
FILE PHOTO: A Morrisons supermarket is seen in Weybridge

LONDON (Reuters) - British supermarket chain Morrisons extended a deal with convenience store operator McColl's to rename 300 McColl's outlets as Morrisons Daily shops, increasing the brand's presence in the neighbourhood market.

Morrisons already acts as a wholesale supplier to 1,200 McColl's shops under a deal dating back to 2017. The pair said on Monday that under an extended agreement, Morrisons will act as McColl's sole wholesale supplier until 2027.

Like all Britain's supermarket groups, Morrisons, which is no.4 behind Tesco, Sainsbury's and Asda has grown during the pandemic as consumers, unable to go to restaurants, have spent more on groceries.

Morrisons said in its statement the Morrisons Daily brand will be rolled out to 300 more McColl's shops over the next three years, after a successful trial in recent months. McColl's will continue to own and operate the shops.

It did not disclose any financial details.

"We are building a broader, stronger Morrisons forcustomers, and leveraging our existing assets to achieve capital light, profitable growth," Morrisons chief executive David Potts said.

(Reporting by Sarah Young; editing by Barbara Lewis)


ę Reuters 2021
Stocks mentioned in the article
ChangeLast1st jan.
MCCOLL'S RETAIL GROUP PLC 0.48% 31.15 Delayed Quote.19.58%
TESCO PLC -0.61% 234.4 Delayed Quote.1.30%
WM MORRISON SUPERMARKETS PLC -0.73% 182.95 Delayed Quote.3.02%
All news about MCCOLL'S RETAIL GROUP PLC
04/05MCCOLL RETAILá : Financial Review
PU
03/31MCCOLL RETAILá : Download Annual Report & Accounts
PU
03/29MCCOLL RETAILá : Chief Executive's Review
PU
03/29MCCOLL RETAILá : Chairman's Statement
PU
03/01'Broader, stronger' Morrisons adds 300 UK stores via McColl's deal
RE
03/01WM MORRISON SUPERMARKETSá : Morrisons, McColls Extend Wholesale Supply Partnersh..
MT
2020MCCOLL RETAILá : partners with Uber Eats to launch from over 400 stores
PU
2020MCCOLL RETAILá : Notice of Postponed Annual General Meeting 2020
PU
2020MCCOLL RETAILá : Board Changes
PU
2020MCCOLL RETAILá : Notice of postponement of AGM
PU
More news
Financials
Sales 2020 1 250 M 1 713 M 1 713 M
Net income 2020 - - -
Net Debt 2020 84,9 M 116 M 116 M
P/E ratio 2020 -
Yield 2020 -
Capitalization 35,9 M 49,3 M 49,2 M
EV / Sales 2020 0,10x
EV / Sales 2021 0,26x
Nbr of Employees 7 483
Free-Float 71,1%
Chart MCCOLL'S RETAIL GROUP PLC
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McColl's Retail Group plc Technical Analysis Chart | MarketScreener
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Technical analysis trends MCCOLL'S RETAIL GROUP PLC
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 3
Average target price 53,50 GBX
Last Close Price 31,15 GBX
Spread / Highest target 115%
Spread / Average Target 71,7%
Spread / Lowest Target 28,4%
Managers and Directors
NameTitle
Simon Jonathan Miller Chief Executive Officer & Executive Director
Giles Matthew Oliver David Chief Financial Officer & Director
Angus James Porter Non-Executive Chairman
Neil Hodge Director-Information Technology
Georgina Harvey Senior Independent Director
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