One of Britain’s largest convenience store chains is nearing the brink of collapse, with thousands of jobs said to be at risk.
McColl’s – which employs more than 16,000 people, and has several stores throughout Greater Manchester and the North West – said it was “increasingly likely” that it would fall into administration unless talks around a rescue deal were successful, Sky News reports.
The 1,400-store McColl’s Group – which has an extensive wholesale partnership with Morrisons, as well as Martin’s newsagents – has always had strategy centred around an image of a “neighbourhood retailer”, but after suffering unprecedented difficulties throughout and post the COVID-19 pandemic, has issued a statement saying administrators could be called in today.
The company said in its statement that without any fresh funding in the short-term, the group would likely “be placed into administration with the objective of achieving a sale of the group to a third-party purchaser and securing the interests of creditors and employees”.
The chain added that it wanted to create a “stable platform for the business going forward”, but also stressed that discussions were still ongoing.
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McColl’s said it was “increasingly likely” that would fall into administration / Credit: McColl’s
McColl’s said in a statement to Sky News: “As previously disclosed on 25 April 2022, the Group remains in discussions regarding potential financing solutions for the business to resolve short term funding issues and create a stable platform for the business going forward.
“However, whilst no decision has yet been made, McColl’s confirms that unless an alternative solution can be agreed in the short term, it is increasingly likely that the Group would be placed into administration with the objective of achieving a sale of the Group to a third-party purchaser and securing the interests of creditors and employees.
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“Even if a successful outcome is achieved, it is likely to result in little or no value being attributed to the Group’s ordinary shares.”
According to Sky News, the company’s imminent collapse is expected to spark renewed interest in a partial takeover from both Morrison’s and EG Group – the petrol retailing giant owned by TDR Capital and the billionaire Blackburn-based brothers, Mohsin and Zuber Issa.
McColl’s employs more than 16,000 people at 1,400 stores across the UK / Credit: McColl’s
News that the McColl’s is teetering on the brink of collapse this week comes after it was revealed that the group’s shares have collapsed this year, and the entire company is now worth less than £3.5 million, with the company said to be carrying debts of almost £170 million.
Jonathan Miller, McColl’s recently-departed chief executive, said in December 2021 that the financial year had “undoubtedly been a tough year for the business”.
Mr Miller is understood to have personally invested £3 million last year in a bid to convince other shareholders to support the company.
If McColl’s is forced into administration this week, it would be the largest insolvency in the UK retail sector by size of workforce since the collapse of Edinburgh Woollen Mill Group in 2020, Sky News said.
It would become the latest in a long line of casualties of changing retail shopping habits and the pandemic.
Featured Image – McColl’s
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Manchester’s Cat Cafe issues lengthy response to anti-industry statement
Danny Jones
Manchester’s soon-to-return Cat Cafe has shared a lengthy statement responding to the recent suggestion made by leading animal charities that their particular line of business should become a thing of the past.
Cat Cafe Manchester (CCM) closed its city centre premises back in January 2021 like so many others suffering from the post-pandemic struggle, but there are still several other feline-focused coffee shops and similar set-ups located up and down the country.
With that in mind and after the Manchester location announced a comeback later this year – in a prime location on Deansgate, no less – the discussion surrounding the niche industry has turned to issues regarding animal rights, welfare and overall quality of life.
However, rather than simply firing back at the likes of the RSPCA and Cats Protection over their concerns and belief that these venues should be “phased out”, the company has come out to agree with their overarching point whilst still assuring that their sites “are different”.
As you can see in an extensive reply, the brand begins by writing: “We are in strong agreement that there needs to be more regulation in the industry, as we believe many cafes are operating in manners that are harmful to cats.”
They detail how they don’t support ventures that operate by simply piggybacking on vital animal rescue procedures, citing that around 90% of the UK’s cat cafes simply ship prospective pets in and out, creating a stressful environment for its furry residents.
In contrast, Cat Cafe MCR go on to insist that “cats in our cafes are pedigree, as they are best suited to an indoor-only environment [as opposed to rescues who often benefit from outdoor time], and they are bred for temperament, meaning our cats need a lot of attention from people, and also enjoy the company of other cats.
“Our cafes have windows for natural light and there is plenty of space off the cafe floor for cats to get away from customers. They are provided with enough resources spread out throughout a very large building to reduce any competitive behaviour. Our cats are never ever kept in cages – as is the case in some Cat Cafes.”
CCM also explained how the behaviour of their in-house cats is analysed weekly, adding that “if we feel any cat in our cafe is not happy and is showing signs of stress, we would immediately remove them from the environment.”
Besides the obvious soothing quality of the experience for regular customers, cafes like theirs and the canine equivalent CuppaPug in Salford are extremely helpful in providing animal-assisted therapy for people struggling with mental health conditions and those categorised as neurodiverse.
Cat Cafe drew their response to a close by inviting both of the charities in question to work with them in creating new guidelines and strict rules when it comes to animal welfare in these spaces.
They concluded by declaring that not only are they “incredibly difficult to run responsibly” when done properly but that “Cat Cafes are not all the same, and they should not be opened without serious thought and consideration for the cats’ welfare.”
We are still unclear as to when exactly Cat Cafe Manchester will reopen but all we know is that the team will be as dedicated to providing an enjoyable experience for both the animals and visitors when it does.
Sir Gareth Southgate says young men ‘need better role models’ – and more of them
Danny Jones
Ex-footballer and England manager Sir Gareth Southgate has called on contemporary society to do better when it comes to young men, insisting that boys today need real role models.
In fact, not to put words in his mouth, but he isn’t just calling out for more of them; more precisely, he believes they need better ones than some of the figures who have found a following in recent years.
Speaking in one of his first public addresses since being knighted in the 2025 New Year’s Honours list and one of a scarce few since stepping down as the Three Lions boss, Southgate gave a lengthy speech as part of the BBC’s annual ‘Richard Dimbleby Lecture’.
The former Crystal Palace, Middlesborough and Aston Villa defender touched on a number of topics in his discussion, including the troubling rise of “callous, manipulative and toxic influencers, whose sole drive is for their own gain” and are finding increasing popularity on social media.
Southgate has strong opinions on the current archetype of ‘role models’ that young men are gravitating towards.
Southgate went on to express the crucial nature of “identity, connection and culture” in contemporary society, insisting that current values are drifting off course.
He went on to state that because of the swirling questions surrounding masculinity, “young men end up withdrawing, reluctant to talk or express their emotions […] They spend more time online searching for direction and are falling into unhealthy alternatives like gaming, gambling and pornography.”
Southgate also believes that “if we make life too easy for young boys now, we will inevitably make life harder when they grow up to be young men”, arguing that we are at risk of creating a culture where they fear failure so much that “they fail to try, rather than try and fail.”
Drawing from his own experience as a player and his famous penalty miss in Euro ’96, as well as his multiple attempts at winning a major tournament as the national team coach, he reflected on how these experiences made him who he is today – experiences he navigated through thanks to role models.
Put more simply, he suggested that we need to return focus to the importance of teachers, sports coaches, youth groups and ‘proper’/traditional role models, rather than simply allowing the next generation of young men to resort to poor examples online.
"We have to show young men that character is more important than status."
Gareth Southgate demands leaders step up to become positive role models for 'isolated' young men. pic.twitter.com/FMlnqjppQi
The timing of Southgate’s speech hasn’t been lost on large swathes of the British public, in particular, in light of the hit Netflix drama, Adolescence.
Revolving around the story of a young boy accused of a violent crime towards a young girl, the four-part series touches on incel culture, the growing ‘manosphere’ digital community, controversial figures like Andrew Tate and more.
You can listen to Southgate’s lecture on young men and the importance of role models in full HERE.