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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Molly-Mae Hague and adidas drop new collection inspired by matcha and iced lattes
Daisy Jackson
Today, adidas has finally released its hotly-anticipated parnership with Manchester-based influencer Molly-Mae Hague.
The social media superstar has collaborated with the sportswear giant for a limited-edition footwear collection inspired by matchas and iced lattes.
Molly-Mae and adidas Originals have just given fans a look at the shoes for the first time.
The star has curated a limited-edition collection of iconic Originals silhouettes – a Samba and a Superstar.
The first is the Samba Matcha shoes, a premium leather and suede shoe in a soft green colour, with double pink and white laces.
The other is a Superstar II Latte, which again features double laces in coffee-coloured hues, but in the iconic leather Superstar silhouette.
In behind-the-scenes footage of the design process on Molly-Mae’s Amazon Prime documentary series, Behind It All, she described them as ‘matcha cool girl in London’ shoes – and the vision has definitely come to life.
Molly-Mae said: “Seeing my creative vision come to life on two iconic adidas Originals silhouettes that have long been staples in my wardrobe is a true dream.
“Being so closely involved in the design process and creating products that feel fun, timeless, and an authentic extension of my own personal style has been the best experience.
“I am so excited to see how others style them in their own way.”
Steve Marks, VP Brand adidas UK commented: “At adidas, we partner with individuals who define style through authenticity and a deep-rooted connection to our brand.
“Molly-Mae’s relationship with adidas Originals has developed organically over time as a key advocate of the brand and this partnership represents a natural evolution – bringing her signature aesthetic to two of our most iconic silhouettes.”
The limited-edition adidas Originals x Molly-Mae collection drops in stores and online on 9 April, priced at £100 per pair.
Greater Manchester’s homicide rates have now dropped to a ‘historic’ low
Emily Sergeant
Homicide rates in Greater Manchester are now at the lowest they’ve been for 25 years, according to new figures.
Thanks to a major programme introduced by Greater Manchester Combined Authority (GMCA) to prevent violent crime and keep communities safe, known as the Violence Reduction Unit (VRU), it has been revealed that the region’s homicide rate has fallen by 32% in 2025 to what is its lowest level on record since 1990.
If you’re unfamiliar with what the VRU is, it brings together GMP, Greater Manchester Probation Service, health and education professionals, youth justice, local authorities, and the voluntary, community and faith sector to address the underlying causes of violent crime.
It’s this multi-agency approach that’s said to be delivering ‘tangible results’ and driving a reduction in violent crime in Greater Manchester.
As well as homicide rates, the VRU’s partnership work with Greater Manchester Police (GMP) is also said to be having ‘major impact’ across the region on issues like knife crime.
Thanks to operational activity helping to disrupt serious violence and remove more weapons from the region’s streets, the police have also recorded that knife crime in Greater Manchester has fallen by 15% in the last year too.
Following a steady decline since 2021, rates of personal robbery have fallen by 17% in the last year in Greater Manchester.
Greater Manchester’s homicide rates have now dropped to a ‘historic’ low / Credit: Wikimedia Commons
Additionally, A&E attendances due to assault decreased by 3% in the same time period, with a 9% reduction among young people aged 10–24, and ambulance callouts for assault also fell by 9% in relation to this.
GMCA says that the reductions in demand for emergency services, as revealed in the latest figures, prove just how much the VRU’s combined prevention and enforcement approach is working.
“These latest figures show the real progress being made in tackling violent crime and making our streets safer,” commented Mayor Andy Burnham.
“Reductions in knife crime and homicides don’t happen by chance – they come from early intervention, our strong partnership with the police and our work with communities to tackle the root causes of violence.”
Emily Sergeant -
6th May 2022 
