Morrisons extends wholesale supply deal with McColl's
Morrison (Wm) Supermarkets
286.40p
16:55 26/10/21
0.00%
0.00p
Supermarket chain Morrisons on Monday said it had extended a wholesale supply agreement with UK convenience store chain McColl's Retail.
Food & Drug Retailers
4,446.57
17:14 20/12/24
-0.38%
-16.90
FTSE 100
8,084.61
17:04 20/12/24
n/a
n/a
FTSE 350
4,463.29
17:14 20/12/24
n/a
n/a
FTSE All-Share
4,421.11
17:04 20/12/24
n/a
n/a
The group said 300 McColl's convenience stores would be rebranded as Morrisons Daily over the next three years, but would continue to be owned and operated by McColl's.
“This roll-out follows over 30 successful McColl's to Morrisons Daily conversions in recent months,” Morrisons said.
The companies also had extended their partnership by a further three years, with Morrisons now to act as McColl's sole wholesale supplier out to 2027.
Morrison's currently supplied over 1,200 McColl's stores, including over 230 of its biggest convenience stores.