Corner shops were based on three things: confectionery, tobacco and newspapers. Sales of two of those haven’t been going so well for years, and the government’s anti-obesity drive has the third in its sights.
No surprises then that McColl’s, a ragbag of convenience sites from old-school newsagents to mini-Morrisons, went into administration on Monday. But the triumph of Morrisons over EG Group in a tussle over an unglamorous retail asset shows the sector is not yet yesterday’s news.
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