Southern Co-op is undertaking a review of its head office in Portsmouth, responding to the impact of changing market conditions and shifts in how consumers are shopping.
The review will also reflect the completion of a multi-year programme of investment in major IT systems.
While there will be some newly created roles, the convenience retailer said the changes will lead to some “unavoidable redundancies.”
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Southern Co-op anticipates that when the process is finished, which is likely to be by the end of November 2023, there will be around 30 job losses out of a total 240 central roles.
Positions in its 330 directly managed food, funeral and coffee branches will not be impacted and the retailer has said there are no changes to the future growth plans for these business areas.
Southern Co-op chief executive, Mark Smith, said: “Sadly, a number of colleagues in our head office will leave the business following the review, and we will be working closely with them to guide them through the change.
“Like other retailers, we must align our resources with the economic conditions and market changes we are seeing. By acting now, we can continue to place Southern Co-op as the option of choice for customers in our key markets.
“Making these changes and our continued investment in our trading businesses will position us for long term success as we support business growth and greater efficiencies.”
