Parcel sector warned it would be hit hard by McColl’s collapse as rescue talks continue


 

The parcel industry could experience collateral damage from any collapse of high-street chain McColl’s, due to it being the largest Post Office provider in the UK and host to hundreds of Amazon lockers, according to ParcelHero. The convenience store and newsagent said earlier this week it remained in discussions with its lenders towards a longer-term agreement over its facility, after the impact of the pandemic on it was particularly strong. Revenues in the first quarter were behind expectations; however, ParcelHero […]