McColl’s like-for-like sales on the rise

In the 13 weeks to August 27^th, like-for-like performance in recently acquired and converted stores was up 2.6%, following the successful integration of 298 convenience stores which were acquired from the Co-Operative Group. Jonathan Miller, chief executive of McColl’s commented on the performance, noting that the “newly integrated convenience stores have driven strong revenue growth, and our existing estate has continued to perform well, delivering a second consecutive quarter of positive like-for-like sales growth.” In addition to this, like-for-like sales for convenience stores and newsagents rose by 0.7% and 0.3% respectively.