Dec 28, 2016

Co-op Group planning 1,500 UK jobs with 100 new stores

The group will invest £70m in the new shops, which will be spread throughout London, south-east England, Yorkshire and Scotland. The Co-op is expecting to open five stores in London by the end of March. The company is entering the final stretch of a three-year turnaround programme following a period of turmoil mainly involving its banking group. "Stuart Hookins, property portfolio and development director at the Co-op, said:"Whilst other retailers are scaling back their expansion plans, the Co-op continues to open new convenience stores. "We opened 100 stores in 2016, and we plan to open hundreds more new stores over the next few years."

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