McColl’s sales slip in ‘highly unseasonable summer’
McColl’s has suffered a fall in third-quarter sales, which it blamed on a “highly unseasonable summer” and “ongoing macroeconomic uncertainty”.
The convenience specialist said like-for-likes fell 2.2% in the 13 weeks to August 25. Total sales declined 3.6% during the same period.
McColl’s said performance during the quarter reflected a “challenging” trading environment and “poorer weather” across the summer.
In its year to-date, the retailer’s like-for-likes are down 0.1%, with total revenue 1.2% behind year-on-year.
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