McColl’s to close more than 300 stores over next four years

McColls 1

The chief executive of McColl’s has said the convenience store group will look to shut as many as 330 stores over the next three or four years as it seeks to rationalise its store estate as part of its strategic shift.

Jonathan Miller said McColl’s has a store estate of around 1,430 stores and would look to reduce that to an “optimal estate size” of 1,100 over the next three or four years.

“Those divestments will either be closures or sales to third parties,” he added.

Miller said the UK convenience food market is growing and, as a result, McColl’s would be looking at reducing its estate of newsagents in favour of larger, convenience-focused stores.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.