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02/01/2018

Co-op Group To Create 100 New UK Food Stores

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The Co-operative Group has revealed plans to create 100 new food stores across the UK.

Up to £160 million will be invested throughout 2018 to create the new stores, helping to generate 1,600 jobs.

In addition, the programme will see a further 150 outlets undergo major makeovers. More than 20 new stores are set to open in London and up to 18 stores are planned for locations in Scotland including Glasgow, Edinburgh, Forres and Kilmacolm.

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Stuart Hookins, Co-op's Director of Portfolio and Development, 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."

(LM/MH)

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