Sat. Jan 4th, 2025

The UK high street continues to face challenges, with 19 Co-op food stores expected to close in 2025.

The retail sector has been hit hard by factors like reduced consumer spending due to the cost-of-living crisis, along with high rents and increasing operational costs. 

Central Co-op has revealed plans to close 19 of its food stores across the Midlands and East Anglia by May 2025, citing “financial sustainability issues” according to The Sun.

Of these, three will be converted into B&M stores, while the other 16 will be acquired by Samy Limited, an independent convenience chain that operates brands like Spar, Londis, and Premier.

B&M will be leasing stores in Norfolk, West Midlands and Leicestershire and Samy’s is acquiring Central Co-op locations in areas such as South Yorkshire, Staffordshire, and Cambridgeshire.

The following 19 Central Co-op Food stores are scheduled to close within the next six months:

Barnby Dun, High Street – South Yorkshire
Broughton, High St – Northamptonshire
Croft, Pochin Street – Leicestershire
Desborough, Hill Top, Braybrooke Road – Northamptonshire
Dudley, Overfield Road – West Midlands
Eastwood, Nottingham Road – Nottinghamshire
Enderby, Mill Lane – Leicestershire
Kingstanding, Hawthorn Road – West Midlands
Leicester, Evington Rd – Leicestershire
Leicester, Narborough Rd – Leicestershire
Narborough, Station Road – Leicestershire
Peterborough, Mayors Walk – Cambridgeshire
Sprowston, Chartwell Road – Norfolk
Stafford, Baswich Lane – Staffordshire
Wigston, Blaby Road – Leicestershire
Yardley, Stoney Lane – West Midlands
Cromer, Middlebrook Way – Norfolk
Erdington, High Street – West Midlands
Shepshed, Hallcroft – Leicestershire

These locations are part of a broader wave of closures within the company, which will also include the permanent shutdown of six funeral homes.

Although these closures are part of a restructuring effort, Central Co-op has still managed to open five new stores and complete renovations at 35 others in 2024.

The company said it is focusing on optimising its store network to better serve its communities with its remaining locations.

Checkout latest world news below links :
World News || Latest News || U.S. News

Source link

The post Full list of 19 Co-op stores closing down in 2025 appeared first on WorldNewsEra.

By

Leave a Reply

Your email address will not be published.