Convenience store chain McColls plans swoop for Tesco stores

Booker CEO Charles Wilson and Tesco CEO Dave Lewis
Booker CEO Charles Wilson and Tesco CEO Dave Lewis

The chief executive of McColls, the UK's largest convenience store chain, has said he plans to bid for part of Tesco's business, if the supermarket faces a stumbling block over its planned £3.7bn merger with wholesaler Booker.

Tesco may be forced to sell some of its estate to ensure the deal is greenlit by the Competition and Markets Authority.

This could see it sell off its One Stop convenience store chain, or some of its Tesco Express stores.

McColls boss Jonathan Miller told The Telegraph: "Whether it’s One Stop or a number of stores we would be interested in having a look. One Stop is very similar to our own model, so we would be the most logical business to acquire it."

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