McColl's saved by Morrisons after convenience store came close to collapse last week

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In 2019, McColl’s launched its Morrisons Daily formats, and in March this year it was reported that it was on track to reach 450 of these branches by November.

Because of this, some experts have shared that it “makes total total sense for Morrisons to fight to save McColl’s”.

Kevin Mountford, savings expert and co-founder of Raisin UK, said: “Morrisons isn’t new to the convenience store business, with Morrisons earlier operating M Local stores, but their stores collapsed in 2015 and were rebranded as My Local stores.

“With McColl’s facing administration, Morrisons was once again at risk of losing their convenience store formats, which was going to be a huge concern for Morrisons’ new owners as Morrisons Daily was performing well compared to McColl’s original brand.



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