Supply chain chaos at McColl's

Supply chain chaos at McColl's

An 8.1 per cent jump in the top line at McColl’s (MCLS) masked a 1.4 per cent slump in like-for-like sales after the collapse of wholesaler Palmer & Harvey led to significant supply chain disruption last year. The group did its best to offset the chaos, including accelerating its new supply agreement with supermarket chain Morrisons (MRW). In less than nine months – and three months ahead of schedule – the group managed to get 1,300 of its stores onto the new Morrisons scheme – something chief executive Jonathan Miller called “a considerable achievement”. Even so, operating profits before adjustments fell from £31.4m to £18.3m.

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