McColl's Retail co-founder James Lancaster steps down
Convenience retailer McColl's Retail said on Wednesday that co-founder and non-executive director James Lancaster has stepped down from the board with immediate effect.
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17:30 11/04/24
Chairman Angus Porter said: "On behalf of the board, I want to thank James for his enormous contribution to McColl's over the years. Under his direction and guidance, he has helped grow McColl's into one of the largest independent neighbourhood retailers in the UK. We wish him all the best with his future endeavours."
Meanwhile, Lancaster said it was "the right time" for him to step down.
"I have every confidence that under the stewardship of the board, and in the capable hands of Jonathan Miller and his superb management team, McColl's will continue to thrive. I wish the group all the best for the future."
At 0920 BST the shares were up 0.8% to 290.30p.