Morrisons rescues McColl's taking on all 16,000 staff
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"Crucially what this allows is for the Morrisons Daily rollout to continue," he said. "Those stores are less than a quarter of the total McColl's estate but adding five a week it will be a sizeable chain in the not too distant future and those stores are definitely profitable. The challenge will be disposing of the rump of rubbish ones. But Morrisons is in a better position to do that than McColl's was."
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