Co-op has announced plans to bolster its convenience retail presence in 2025, with 75 new stores set to open across the UK. The initiative reflects Co-op’s focus on maintaining a comprehensive network that ensures accessibility for its customers.
Matt Hood, Managing Director at Co-op, highlighted the strategy’s objectives: “We want everyone to have easy and convenient access to a Co-op store, wherever they live, and this year we are completely focused on achieving that through an ambitious and exciting new stores strategy.”
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In addition to the new locations, the retailer plans to refurbish up to 80 existing stores, enhancing their design and functionality. This dual approach underscores Co-op’s commitment to strengthening its property portfolio while catering to evolving consumer needs.
Beyond traditional retail
Co-op’s expansion involves more than simply increasing its physical presence. The stores will offer diverse services, positioning themselves as local hubs for both convenience and community engagement.
These include parcel collection and returns, payment services, and quick online delivery fulfilment.
The convenience giant has also set its sights on growing its share of the quick commerce market to over 30%. Through partnerships with platforms like Just Eat, Uber Eats, and Deliveroo, alongside its own online service, Co-op aims to serve communities efficiently.
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By GlobalDataHood emphasised Co-op’s multifaceted role: “Our stores play an active role in local life, providing the products and services our members and customers want and need.”
Franchise operations remain a cornerstone of Co-op’s strategy, with plans to open up to 50 franchise stores in 2025. This approach allows the retailer to extend its reach to areas previously inaccessible, building on its 2024 success in innovative locations, including universities, petrol forecourts, and even a naval base.
Sustainability and community focus
Co-op’s growth strategy aligns with its sustainability commitments. Plans are underway to install up to 76,000 solar panels across 700 sites within the next three years, reducing the retailer’s carbon footprint.
Furthermore, Co-op’s store refurbishments aim to create future-proof spaces that resonate with local needs.
The retailer’s membership programme also plays a vital role in its growth plans. With a target of eight million members by 2030, Co-op is focused on delivering tangible benefits to communities, such as member-price savings and support for local causes.
Hood described Co-op’s vision as one that balances growth with community value:
“Not only are we a membership organisation owned by our six million members, we are experts in convenience shopping, where we combine great quality products, value and deals and ethical retailing with quick online delivery services, community participation and additional customer services.”
