Parcel sector rocked by McColl’s collapse as rescue deal fails

Parcel sector rocked by McColl's collapse as rescue deal fails

McColl's collapse into administration could have a significant impact on e-commerce and parcels logistics beyond its own retail operations, according to delivery specialist ParcelHero.

The convenience store chain said in a statement to the London Stock Exchange this afternoon (6 May) it was "regrettably left with no choice other than to place the company in administration" after discussions with its senior lenders broke down.

A last minute attempt by Morrisons to put in place a rescue deal was rejected by [...]

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