McColl's warns of 11 percent sales fall in April, May in case of no-deal Brexit

McColl's warns of 11 percent sales fall in April, May in case of no-deal Brexit
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By Reuters
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(Reuters) - British convenience retailer McColl's warned of an 11 percent fall in sales in April and May if Britain leaves the European union without a deal, as customers migrate to new products and supply chains are disrupted.

However, the company said it does not expect Brexit to have a material impact on the business if the country manages to strike a divorce deal with the bloc.

(Reporting by Arathy S Nair in Bengaluru; Editing by Kirsten Donovan)

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