FDBusiness.com

The Co-op to Open 100 New Stores

 Breaking News
  • New Chief Executive For Tate & Lyle Tate & Lyle, a global provider of ingredients and solutions to the food, beverage and other industries, with operations in over 30 locations worldwide, has appointed Nick Hampton as Chief Executive with effect from 1 April 2018. Nick Hampton is currently Chief Financial Officer and a Board member of Tate & Lyle. Nick Hampton succeeds Javed [...]...
  • Müller Direct Next Generation Müller, Britain’s biggest producer of branded and private label fresh milk, butter, yogurt, desserts and dairy ingredients, has announced a new initiative to help ambitious young farmers build vibrant dairy businesses for the future. Müller will initially work closely with a group of approximately 25 Müller Direct young farmers who have the potential to create [...]...
  • New Geographical Indication From the Netherlands The Commission has approved the addition of a new product from The Netherlands to the quality register of Traditional Speciality Guaranteed (TSG). ‘Suikerstroop’ is dark brown syrup made of the syrupy liquid left behind during the production of sugar from sugar beet or sugar cane. It has a sweet taste due to its large sugar content (at [...]...
  • Firmenich Extends Capability to Design Innovative and Sustainable Natural Ingredients Firmenich has established an exclusive partnership with Blue Marble Biomaterials, a leading US biotechnology company specialized in natural and sustainable ingredients. With this partnership Firmenich gains direct access to key expertise, from biomimicry to non-GM fermentation, enabling the design of innovative and sustainable natural ingredients for the food, beverage and flavor industries. “At Firmenich, we are committed to [...]...
  • Tetra Pak Pledges Support For EU Plastics Strategy Tetra Pak has pledged to support the European Commission’s Plastics Strategy, announced as part of the EU Action Plan for a Circular Economy. The company will: Work with industry partners to ensure that by 2030, recycling solutions are in place for all components of beverage cartons so they can be fully recycled across Europe; Substantially increase the use [...]...

The Co-op to Open 100 New Stores

The Co-op to Open 100 New Stores
January 03
10:09 2018

The Co-op has confirmed plans to open 100 new food stores across the UK in 2018, creating an estimated 1,600 jobs. The community retailer will invest over £160 million in new stores and major makeovers for a further 150 of its outlets.

More than 20 new stores are set to open in London, and up to 18 stores are planned for Scotland including: stores in Glasgow; Edinburgh; Forres (Highlands) and Kilmacolm (Renfewshire).

Rhayader (Powys) and Bryncoch (Neath) will be the first of ten new stores which are set to open in Wales. While other new stores are lined up for Blackpool; Bristol; Chesterfield; Crewe; Leicester; Manchester; Nottingham; Plymouth; Southampton and York among other towns and cities.

The news follows twin announcements last month as the Co-op confirmed it had reached an agreement to become exclusive wholesale supplier to the 2,200 stores across the Costcutter Supermarkets Group network from spring 2018. While members of Nisa Retail also voted in favour of the Co-op’s offer to buy the delivered wholesale and convenience retail specialist, a move which is conditional on Competition and Markets Authority (CMA) approval.

Jo Whitfield, Chief Executive of Co-op Food says: “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.”

Stuart Hookins, Co-op’s Director of Portfolio and Development, says: “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.”

The new-look stores will see the Co-op – which this year won the title of Convenience Retailer of the Year in the Retail Industry Awards – focus on offering a wide range of fresh, healthy foods, meal ideas and essentials, alongside increased ranges of own-brand and locally-sourced produce.

The Co-op– which has reverted to its iconic ‘clover-leaf’ design log, first used in the 1960’s – also brings a funding boost to good causes at each of its stores. Members receive a 5% reward when they buy own-brand products and services and, the Co-op donates a further 1% to local community groups. Last year (2017), the Co-op shared £20 million with around 8,000 local groups, charities and good causes who make a difference to community life.

About Author

mike

mike

Related Articles



Food & Drink Business Conference & Exhibition 2016

Upcoming Events

  • January 19, 2018International Green Week
  • January 20, 2018Sigep Rimini
  • January 24, 2018International Bulk Wine and Spirits Show (IBWSS)
  • January 28, 2018ProSweets Cologne (Int'l Sweets and Biscuits Fair)
AEC v1.0.4

find food jobs

The Magazine

F&D Business Preferred Suppliers

New Subscriber





Subscribe Here



Advertisements