McColl’s, the convenience store group, increased sales and profits by some 20 per cent last year, despite disruption resulting from the closure of Palmer & Harvey.
Malory Davies looks at the how the major retailers performed over the festive period and what it means for the sector in the coming year.
Morrisons like-for-like sales were up 3.7 per cent over the ten weeks to 7th January driven by a ten per cent rise in online sales.
Nisa is to provide a short-term supply contract for McColl’s Retail Group, covering all stores that were previously supplied by Palmer and Harvey. The contract commences today (Monday 4th December).
Nisa’s board is recommending that its 1,190 members accept a £137.5 million takeover offer from the Co-op Group.