Convenience store giant McColl’s to swoop on Tesco’s One Stop
By John Glenday
Britain’s biggest chain of convenience stores, McColl’s, is to expand its footprint further by lining up a possible takeover of Tesco’s One Stop outlets.
Tesco is widely expected to be forced to offload the chain owing to competition concerns arising from its £3.7bn merger with wholesale retailer Booker, with the UK’s competition regulator thought unlikely to give its consent otherwise.
Tesco could also be forced to divest itself of hundreds of Express outlets to ease the path of its merger, music to the ears of McColls boss Jonathan Miller who has ambitious expansion ambitions for his convenience store Read full story ›
Source: The Drum




