McColl’s has been rescued out of administration by Morrisons after it beat off a rival offer for the convenience store and newsagent chain. The deal means all 16,000 staff will transfer over to Morrisons, along with 1,100 shops, and the supermarket has also agreed to rescue the McColl’s Retail Group’s two pension schemes. Morrisons had […]
The number of transportation and storage businesses that have failed since Covid-19 hit the UK has risen by 14%, according to a study by the School of Marketing.
A Merseyside-based logistics operator that traded out of two operating centres entered administration after its floating charge holder grew concerned about recovering its outstanding liability. Optimum Logistics ceased trading in November 2022 despite its most recent financial results showing that it had returned to profit by the end of 2021. In a report out this […]
Pollock (Scotrans) boosted pre-tax profit last year despite a fall in revenues brought about by “challenging” conditions created by the Covid-19 pandemic.