Business Background and History
In 1998 RS McColl became part of TM Retail when Forbuoys (a subsidiary of TM Retail) acquired Martin Retail Group, creating Great Britain's largest chain of newsagents. In addition to RS McColl, TM Retail's other trading names include; Forbuoys, Martin's, Dillons (purchased from One Stop Stores Ltd following the takeover by Tesco of parent company T&S Stores), McColls and More.
In 2006 TM Retail was renamed Martin McColl Limited after a management buyout. The various stores were then rebranded variously as Martin's (news and variety stores) or McColl's (convenience stores). The only exceptions were the Scottish stores where the RS McColl name was retained. With this re-branding all other names the company operates under were removed, these included Martins the Newsagents, More, Forbuoys and Dillons.
In 2009/2010 Martin McColl Limited underwent a multi-million pound EPOS refit within their stores, replacing their existing EPOS system with a new multi-screen touch screen system. It was hoped this would speed up the transaction process by incorporating Credit/Debit card systems within the EPOS. The multi-screen system allows advertising POS to be electronically displayed to customers during the time that they are at the till. Future expansion for the new system is currently in development, with the addition of built-in PayPoint terminals known as PPOD reducing the risk of operator error by 99%.
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