UK convenience retailer McColl’s has reported “significant progress” in the quarter ended May 29th,  with total revenue up 2.2% to £469.2 million.

The company said that it’s success was due to increasing market share, with a store expansion plan set to increase the estate to 1,000 by the end of the year. The current store base includes 933 convenience stores and 433 newsagents – a 30% increase in convenience stores since the company’s IPO in 2014.

Another performance highlight was the expansion of the company’s convenience product rage, including its food-to-go offering, which showed an 11.4% rise in like-for-like sales.

Jonathan Miller, chief executive, commented: “We are committed to enhancing our convenience proposition through growing market share, developing our product ranges and delivering great customer service. I am especially pleased that we have been successful in the transformational acquisition of 298 Co-operative stores, announced on 13th July 2016. This is a pivotal moment for the business and allows us to accelerate our growth ambitions and considerably increase our neighbourhood presence.

“We are confident that our position as a leading neighbourhood retailer will allow us to deliver sustainable returns for shareholders. The business is well placed to make further progress in the second half and we remain on track to achieve results in line with the Board’s expectations for the financial year.”