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We’ve now opened our first new shop of 2018 – in Rhayader, Wales. It’s the first of over 100 new stores and 150 renovations we’ll do this year; we reckon that’s more than the four biggest food retailers put together.
We’ll be opening shops in communities right across the UK – from Banchory in Aberdeenshire to Brighton on the South Coast – and are creating 1,600 new jobs in the process. And we also recently announced that we’ll be expanding in another way, by becoming the wholesale supplier to Costcutter and Nisa.
Why are we growing?
We want to be at the heart of local life, to bring people together and to be there for our members and customers when and where they need us. Opening the right stores, with the right products, in the right locations is really important in helping us get there.
We’ve spent a lot of time getting these three things right and every year just keeps getting better and better. Our expansion plans for 2018 will mean that the Co-op is on track to have opened over 700 new and refitted stores in three years.
Involving our members
The Co-op is owned by members, not by investors or shareholders, that’s what makes us different. We welcomed over a million new members last year, all of whom can have a say in what we do and the causes we champion.
One of the way members can get involved is by suggesting locations for new stores. If we take their suggestion forward, we’ll send them £500 worth of Co-op gift vouchers as a thank you. The next member-selected store is opening its doors in York this Spring.
If you’d like to find out more about the suggest a site scheme, read Richard Williams’ blog post about why he likes Membership and how he feels about seeing his suggested shop open and serving the community.
Head of Acquisitions and New Store Development
Read more on Co-op Food stores