NEWS DIGEST
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FALKIRK BANKING The Co-op in Denny, Falkirk, has launched a OneBanks kiosk in-store giving customers
CONVENIENCE
MORRISONS DAILY STORES BOOST McCOLL’S
and businesses access to any bank or building society, free
A STRONG PERFORMANCE FROM ITS MORRISONS DAILY FORMAT
of charge. The staffed kiosk
HELPED DRIVE A 12% RISE IN LIKE-FOR-LIKE SALES FOR McCOLL’S
is the town’s first face-to-face
IN 2020.
banking facility in more than two years.
PAYZONE BUS DEAL Payzone has secured a longterm contract with National Express Bus to provide transport ticketing services to customers in the West Midlands, who are now able to purchase tickets using the NX mTicket app at selected
The increase, reported as part of the convenience chain’s trading update for the year ended 29 November, is a significant improvement on 2019’s flat (0%) figure. It was further buoyed by BWS, fresh food and tobacco sales. With the convenience sector surging during the pandemic, McColl’s saw a 2.3% rise in revenues to £1.25bn. This was partly offset by 179 store closures during the year as the business shifted its focus to the larger, more profitable Morrisons Daily stores.
Earnings before tax is expected to be between £29m and £30m, a drop from £32.1m in 2019. McColl’s put this down to margin pressures brought on by changes in shopping behaviour during the pandemic which led to an altered product mix, resulting in a squeeze on POR.
Payzone stores as part of a wider roll out.
CO-OP REFILLS Central England Co-op is trialling a new concept that allows customers to fill their own containers with food. The retailer has teamed up with Suma Wholefoods to create its first-ever zero waste refill station in its £3m flagship concept store in Lichfield. Customers will be able to use the new feature for a range of products including oats, porridge, rice and dried fruit.
ONE-O-ONE DONATES £14K One-O-One Convenience Stores has donated over £14,000 to Radio Clyde Cash For Kids, just two months after the charity teamed-up with the retail chain. Retail Area Business Manager Jim Harper (pictured) handed over a cheque for £14,225 to the charity outside One-O-One’s Castlemilk store. Harper said there were many more cheques to come over the course of the year-long partnership. He added: “We are delighted with the engagement of our teams who are going way above and beyond in their determination to help all kids this Christmas around our trading areas of Glasgow, South Lanarkshire and Edinburgh.”
6 I SLRMAG.CO.UK / ISSUE 35 / WEDNESDAY 16TH DECEMBER 2020
