i fancy a monday morning rns confirming they are live and that they are stilll confident of resloving the finance issue with existing lenders. fingers crossed.
I just ran a search in my area and Mccolls is listed as a paypoint store. Can anyone confirm they are live? if so why have they not commented on the story to correct it?
It’s the largest Post Office provider in the UK, and host to hundreds of Amazon lockers and CollectPlus collection points. This makes it a vital part of the UK’s parcels’ infrastructure that must not be allowed to fail, says the home delivery expert ParcelHero
they are no better informed than the rest of us. they have a policy to sell if a company looks to be in trouble. It does not mean anything except that they are sticking to thier policy.
Any sign of positivity now from Mccolls and it multibags from here. Their RNS said they are confident of a deal and the Morrissons roll out is continuing. We all have the same information.
These so called experts are no better than anyone else.
How can a company with a £1billion turnover and 100m debt go under?
If this goes under it is a big scam. We are now getting back to normal after 2+ yrs of covid and the recovery will come for retailers. If they cannot repay £20m a yr for 5 yrs then it is a pathetic job by management.
covid is almost over, things returning to normal, £1 billion + turnover, this will not go bust imo. Multibags could happen. Im in for a few, high risk but potential very high reward.