Retailer's £100m convenience store expansion (From Bradford Telegraph and Argus)
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Retailer's £100m convenience store expansion
9:00am Wednesday 20th March 2013 in Business
Retailer Martin McColl is to create 150 new convenience stores over the next two years after completing a debt refinancing valued at more than £100m. The expansion will give the group some 800 convenience stores as it faces up to increased competition from supermarket heavyweights.Convenience stores already make up more than half of Martin McColl’s 1,260 stores, making it the third-largest owner of such outlets in the country.
