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Co-op to open 100 new food stores across UK in 2018

RBR Staff Writer Published 02 January 2018

Community retailer The Co-op has unveiled plans to open 100 new food stores across the UK in 2018 as part Of £160m investment program.

The new stores will create an estimated 1,600 jobs.

Of the total stores, 20 stores are set to open in London and up to 18 stores are planned in Scotland including at places such as Glasgow; Edinburgh; Forres (Highlands) and Kilmacolm (Renfewshire).

In Wales, Rhayader (Powys) and Bryncoch (Neath) will be opened first. Other new stores are lined up for Blackpool, Bristol, Chesterfield, Crewe, Leicester, Manchester, Nottingham, Plymouth, Southampton and York among other towns and cities.

Co-op Food CEO Jo Whitfield said: “The Co-op is positively responding to the changes occurring within this dynamic sector. Our Food business is going from strength to strength in what is clearly a challenging retail market.

“We have the ambition for our stores to be at the heart of local life, bringing communities together and offering our Members and customers great quality products when and where they need them.”

The announcement follows the two announcements made last month by the company that has signed an agreement to become the exclusive wholesale supplier to the 2200 stores across the Costcutter Supermarkets Group network from this spring.

And, also the members of Nisa Retail have voted to buy from the company, the move is conditional and needs approval from Competition and Markets Authority (CMA).

Co-op’s portfolio and development director Stuart Hookins said: “The Co-op’s extensive acquisitions and refit programme is a fundamental part of our food strategy. Moving forward with a clear purpose and momentum, our expansion plans for 2018 will mean that the Co-op is on track to have opened at least 100 new stores in each of three consecutive years.

“With over one million new active Members joining us in the last year, we are always looking for new locations to get closer to where our Members and customers live and work and to meet their shopping needs conveniently. Our Members are now telling us where they would like to see a new Co-op store opening to serve their community through our suggest-a-site website.”

Image: Co-operative Group’s head office building One Angel Square in Manchester, England. Photo: Courtesy of The Co-operative/Wikipedia.org.