We opened 14 new stores in the first three months of 2017, investing around £9 million in local communities. Our new shops can be found all over the country – from London to Inverness – and offer good food, at handy opening times, just around the corner from where our members and customers live.
These new stores have created over 200 new jobs and each store supports three local good causes chosen by Co-op members. This is part of our membership scheme which gives 5% back to members every time they buy Co-op own-brand products; a further 1% goes to a local cause of their choice. Over £35 million has gone back to members and communities since the scheme launched in September last year.
Although we’re opening shops all over the country, London and the South East are particularly important for us. People there tend to shop little and often, more so than anywhere else in the country, so as a convenience food business, we’re perfectly placed to meet their needs. Last year we invested around £25 million in the region and this year we’re planning to open over 40 stores in the capital and surrounding counties.
“We opened over 100 new stores last year, more than any other UK food retailer. More people are choosing Co-op than ever before and our like-for-like sales are growing year-on-year. We’re always looking for new locations where we can be at the heart of local life.” Tony Hind, Head of New Store Development .
Planned openings for April include Rossett (North Wales), Ashington (Northumberland) and Peterborough (Cambridgeshire).