McColl’s hopes for cash or buyer as profits come under pressure

McColl's checkout area

Convenience store group McColl’s maintained it is optimistic about finding a “financing solution” to its problems following speculation that it was battling to stave off administration.

McColl’s also said it had received potential buyer interest – subsequently withdrawn – and that profits would be “slightly behind” expectations after trade was hit by the Omicron Covid-19 variant.

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