The Co-op opens its third food store in London

The opening of the new£600,000 Co-operative Food outlet in Store Street, London, is the third Co-operative Food store to open in the capital within as many months. 

It follows the opening of The Co-operative Food’s flagship Strand store in February, and the opening of another convenience store in Wembley in March.

The Strand store opening in London WC2 was a major milestone as it gave the consumer-owned retailer a food store in every UK postal area, and signalled The Co-operative’s intent to deliver on its ambitious expansion plans for the next three years, with a renewed focus on stores in city centre locations, including the capital. 

The Co-operative Food plans to open more than 300 food outlets over the next three years, creating around 7,000 jobs, including around 50 stores within the first 12 months.  

So far nine new stores have opened, and a further 21 contracts exchanged– with new stores planned for Edinburgh, Glasgow, Southampton, Liverpool, Manchester and Swansea, as well as other locations in the coming months. 

Andrew Coles, national acquisitions manager, for The Co-operative Food, said:“These are exciting times for The Co-operative Food, which is looking to expand the estate following the integration of the Somerfield estate. 

“As a result, the property team is communicating with the retail marketplace more than ever before and recently held an event in Mayfair for agents, landlords and developers, with further events of this kind planned later in the year.”

Source: The Co-op

Source