As the Competition and Markets Authority publishes its report into Morrisons takeover of McColl’s and the Asda on the Move banner continues to open new stores, we round up developments from the channel. Morrisons takeover of McColl’s will ‘ not harm the vast majority of shoppers or other businesses ’ The Competition and Markets Authority (CMA) has published its results of its initial invest...

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...

Providing a further update on its performance following the statement at the end of February, convenience retailer McColl’s has characterised its subsequent trajectory as ‘mixed’. After continued stronger trading in the the first half of March, it reports that business performance then weakened through the Easter period, impacted by reduced consumer spending and continued supply chain disruption ...