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Supermarket retailer Morrisons has agreed a deal with administrators to acquire McColl’s Retail Group following a failed attempt to prevent the convenience chain collapsing last week. Having tabled an improved offer over the weekend Morrisons will now acquire McColl's as a going concern including all 1,165 McColl's stores. Morrisons has become increasingly involved with the McColl’s business in recent years, since it took on the wholesale contract to supply the convenience retailer’s stores in 2018. McColl’s has also been rolling out the Morrisons Daily store format, franchised from Morrisons.
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