06-08-2020 09:54 via retailgazette.co.uk

McColl’s swings to loss as Covid-19 brings “extraordinary change”

// McColl’s sales drop and swings to a loss in the 26 weeks to May 24
// The Covid-19 pandemic led to store closures and reduced servicesMcColl’s has swung to a loss on the back of a sales decline at its interim mark due to the “extraordinary change” brought on by the Covid-19 crisis.
The convenience grocery chain posted a loss before tax of £500,000 in the 26 weeks to May 24, down from a £500,000 million profit in the same period in 2019.
Meanwhile sales drop
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