Co-op

Type
Business expansion
Country
United Kingdom
Region
Location of affected unit(s)
Sector
Wholesale / Retail
Retail trade
Non-specialised retail sale
47.11 - Non-specialised retail sale of predominately food, beverages or tobacco
500 jobs
Number of planned job creations
Job creation
Announcement Date
11 December 2019
Employment effect (start)
1 December 2019
Foreseen end date

Description

The UK-based food retailer Co-op has announced the opening of 30 new shops across the country by the end of December 2019, creating up to 500 new employment opportunities. The expansion is part of a major investment in the food retail arm of the Co-op. The new shops will open in transport hubs, key city locations and residential areas.

The Co-op Group is the largest consumer co-operative in the UK - founded in 1844, it is currently owned by more than 4.5 million members. The Group runs a variety of retail businesses including food retail, as well as insurance, legal and funeral services.

Sources

Citation

Eurofound (2019), Co-op, Business expansion in United Kingdom, factsheet number 99491, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/99491.