Thursday, July 25, 2024

Co-op and EG On the Move Unveil New UK Store Trials

Co-op and EG On the Move launch seven new convenience stores across the UK. They are aiming for 500 franchise locations by 2030 with expanded product offerings.

Co-op, EG On The Move test new shops in bid to make things more convenient. Their will be seven new franchise stores opening this summer across the UK. This is in line with Co-op’s ‘biggest-ever’ expansion plans.

The first store will open in Doncaster on Thursday 11 July. Locations also include Billinghurst in Sussex, Nitshill in Glasgow, Portlethen in Aberdeenshire, Macmerry in East Lothian, Wherstead near Ipswich and Finmere near Buckingham.

A franchise agreement with EG On The Move will enter into by this coop in order to broaden its scope. EG On The Move plans to add at least 120 sites over the next three years. This alliance supports Co-op’s wider network expansion strategy through franchising.

Jerome Saint-Marc, Managing Director of B2B and Growth at Co-op said it was an exciting time for the business as these locations are part of their biggest ever product roll-out. He added: “Our ambition is that anyone who needs us, finds us closer to where they are.”

Saint-Marc said today’s announcement sets out “the blueprint” for what is set to be a three-year programme of openings.

He said: “These sites really matter to people and communities. The Petrol filling stations provide a critical service for motorists. And this programme underlines how we have come back with a real bang.”

He added: “Co-operative values have never been more relevant or important than they are now. Whether that is getting closer to our members through initiatives like our Member Pioneers programme or innovating with partners through deals such as this.”

Co-op aims to have more than 500 franchise stores by 2030 targeting growth at petrol forecourts, convenience stores and universities mainly. But has also lined up its first NHS hospitals.

Last year it tested the format in three petrol stations and launched its first Welsh franchise stores earlier this year.

Zuber Issa, CEO of EG Group said: “We are delighted to be working with Co-op. And we believe this tie-up will enhance our convenience store offer for consumers.”

He added: “Co-op is a recognised and trusted brand which aligns with our strategic aims – to deliver a first class customer offer through competitive pricing across our forecourts which cater for the needs of all consumers.”

EG Group currently operates around 5,200 sites across Europe, North America and Australia. Co-op has nearly 2,400 food stores and supplies products to more than 6,000 other stores including independent co-operative societies and Nisa Retail Limited.

Read more international supermarket news updates.

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