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Mixed results in McColl’s interim results as CFO resigns

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Convenience store retailer McColl’s attributed “one of the most challenging” half-year periods for its mixed interim report, which also announced the resignation of chief financial officer Simon Fuller. For the 26-week period ending May 27, McColl’s total revenue increased 19.2 per cent year-on-year to £601.7 million, driven by the 2017 acquisition of around 300 Co-op stores. However, like-for-like sales were down 2.7 per cent during the period, which McColl’s blamed on the supply chain disruption after Palmer & Harvey

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Mixed results in McColl’s interim results as CFO resigns

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