The Central Co-op is looking to open a record number of new UK stores this year, as it prepares to move its logistical operations over to the Co-op-owned LIDIA network.
As reported by The Grocer, CEO at the group Debbie Robinson said that 17 new stores will be added to its estate in 2023, where it usually aims for 10 to 15, along with 30 store refurbs.
Robinson also noted that the convenience retailer is launching in north Yorkshire for the first time this year.
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LIDIA is made up of 13 distribution depots across the UK and Central Co-op will be using these depots to deliver goods to its stores. Plans regarding which and how many depots will be servicing Central Co-op are under review.
Its move to LIDA comes as the group eyes ambitious growth, having been dealing with mounting pressure across its three Leicester depots over the years as the society continued to grow in store numbers and geographical territory.
Robinson told the Grocer that moving to the LIDIA network would also help to reduce costs across the business and better its environmental impact, while allowing it to maintain deliveries: “We’re looking to be as efficient and effective as we can to reduce our costs,” said Robinson.
“The biggest benefit is a united single co-operative network, which means we will have fewer distribution points for suppliers. The money it will save will also allow the business to drive more investment into new stores, regenerations and technology,” she added.
Along with the 17 new stores and 30 refurbs this year, Central Co-op is investing in solar panels and electronic shelf-edge labels across its estate to boost efficiency and “to make the jobs in store as simple as we possibly can”.
It comes as The Central Co-op is extending its partnership with Magic Breakfast to mark Children’s Mental Health Week.
