Mccoll's Retail Share Discussion Threads

[davro] 20/3/2020 12:10

Biggest thing worrying me about McColls at the moment is the possible impact of shop staff falling ill in the next few weeks. Unlike the big supermarkets they won’t have the depth of staff to ensure that the shops stay open...

[cliff edge] 19/3/2020 16:49

Mc Colls likely to benefit from government designation of essential retailers says Peel Hunt, " Community retailing is even more valuable at the moment and we expect these stores to be very busy they said" Mc Colls arn`t high quality retailers right now, but the share price is far too pessimistic and thus ranks as very interesting the broker added.

[thefartingcommie] 19/3/2020 11:23

fwiw.....

inverse h+s now in place,neck line at c 25...breached wld see short term tgt share price of c 33...

[spectoacc] 19/3/2020 11:04

Very happy sat in my MCLS - even the ones bought over 60p :)

[aleman] 19/3/2020 09:55

I local convenience store was wiped out again this morning and locals commented how prices of certain lines are starting to rise.

[kazoom] 18/3/2020 22:10

Post #1333 - this lowlife is continually creating new userids and posting seemingly credible snapshots with a link to his/her spam-site - please ignore. I suspect he/she is now being tracked and will probably be prosecuted soon.

[loganair] 18/3/2020 16:56

Morrisons - For wholesale, over 240 additional McColl's stores will convert to Morrisons wholesale supply during 2020, which we expect will more than offset the impact of any further store closures already announced by McColl's.


McColl's has over 240 remaining ex-Co-op stores, which will transition to Morrisons wholesale supply during 2020. McColl's has also announced a medium-term plan for an estate of around 1,100 larger, more convenience-focused stores. This represents an accelerated optimisation plan that will reduce McColl's store numbers from the current level of over 1,400. During 2020/21, we expect our sales to the McColl's stores that transition to Morrisons wholesale supply to more than offset the impact of any stores closed by McColl's.

[bigtommy] 18/3/2020 16:45

Within the "Morrisons Daily" stores, Morrisons control the range and pricing. It's the Morrisons name and brand above the door.

The 220 stores currenltly supplied by Nisa should be moving over to Morrisons supply within the next few months. I understand that Morrisons can't replicate the full grocery offering under the "Safeway" brand in comparison to Heritage (Nisa own label).

[she-ra] 18/3/2020 16:34

davro - I would think they are good. They wouldn't want to tarnish their own brand. But that are a lot of non Morrison branded Mccolls stores so I don't know

[davro] 18/3/2020 16:31

Does anyone know what the commercial arrangements are for the Morrison’s branded McColls shops?

[aleman] 18/3/2020 14:00

Shops are now shutting down all over. If you want food, you will have to go to a supermarket. If you want a book, toy, pan, crockery, cake, car stuff etc. pretty soon everything else will be shut down. Yes, you can order on line but slots are all full for now. Supermarkets are already chock-full of food shoppers. They will soon be selling lots more other non-food stuff, too. People will not want to go there since they will be rammed constantly. (I've not wanted to go the last 3 weeks.) Sometimes we will be forced to go. Other times we'll say sod it. I've got a lot of food in, I'm just going to the convenience store where it will be less manic. The big supermarkets might get 20% or 40% busier and then start becoming very unpleasant. The convenience stores can double revenues and still be pleasant places to shop for the top-ups to go with what has aleady been stockpiled. SBRY and MRW are up about 11% today, as it sinks in that some of their non-food competitors are closing, So their non-food aisles will get busier, but the biggest boost might actually be to the convenience chains.

[spectoacc] 18/3/2020 08:34

Struggled to add many MCLS this morning. I still say if it was worth 50p before, it's worth 50p now.

[aleman] 18/3/2020 08:11

And I can't imagine for a minute the price of anything will go down in the current environment. Margins should increase.

[techno20] 18/3/2020 07:57

Any idea of the impact of the business rates change. Presumably significant. Morrison’s commentary is very upbeat. Must only be a matter of time!

[aleman] 18/3/2020 07:54

I will have to make an extra 30 meals per week at home when the schools, pubs and cafes close, which they have already started to do up here. That is not "pull-forward". It is extra that I have to buy from supermarkets, with convenience stores covering top-ups and out of stocks more recently.

I also note MRW said trading in the converted MCLS fascias was strong.

I've checked on a couple of elderly neighbours and they are "well-stocked". The only request was for a Daily Mail if I pass our local store, which I do for now. It was not being bought currently so will be an extra sale for the store if they are not sold out. I think MCLS will have higher demand than normal. With nothing to do, many will walk to the local store for a paper and buy bits while there. Whether they can supply or not remains to be seen but panic sales in Italy allegedly calmed a bit after the initial surge, though I have no details.

[spectoacc] 18/3/2020 07:27

"Over 240 McColl's stores to transition to Morrisons wholesale
supply during 2020, and we remain on track for our GBP1bn annualised
wholesale supply sales target "

MRW very interesting - trading is gangbusters, but they acknowledge is "pull-forward". I disagree - no one is going to be eating out, eating at work, eating at school for ages. Food sellers (and producers) are going to be one of the very few bright spots.

[spectoacc] 17/3/2020 14:38

Oh - and DTY. That's doing well. Not one I can bring myself to buy.

[spectoacc] 17/3/2020 14:25

@Aleman - there's still book stores? ;)

The supply issue is of course a good one, but similar for the ones I mentioned above, whose s/p's have been doing very well.

[aleman] 17/3/2020 14:19

she-ra
17 Mar '20 - 14:01 - 1317 of 1318
0 0 0
Will the business be flying?

Have you called in at a convenience store recently? It's the same in our local Coop as Tesco now. Gaps all over. Pizzas sold out. Booze low. Even fresh fruit and veg low. Some don't want to scrum in a big supermarket. Also, no point discounting old stock if you've no old stock! Margins will be up. As a bonus it looks like cigs and newpapers are selling well, too. More to read when in isolation, I suppose. I'll bet book stores are doing well.

[loganair] 17/3/2020 14:05

Much of the extra things that are being bought at McColl's, alcohol because the pubs are shut and extra food because staying at home is not like buying extra toilet paper and therefore will increase earnings for this quarter and have no effect on future earnings once this is all over.

[she-ra] 17/3/2020 14:01

Will the business be flying? They wont be selling certain product lines that arent necessary. And the product lines that customers want will have some supply issues. True they are doing business but I expect they are just keep the lights on. Which of course is a good thing.