Co-op is planning to open 75 new stores this year across the UK as part of its commitment to accelerate growth in the convenience sector.

Among the new sites will be up to 25 Co-op estate stores, as part of its ambitions for 120 new stores over the next four years, with the first to open in early 2025 at The Anchorage, Salford Quays and East Benton, Newcastle Upon Tyne.

Meanwhile, up to 50 stores are expected to open and operate as a franchise this year, a sector the convenience retailer has recently actively pursued.

Last year, Co-op opened franchise sites on more university campus’, alongside at a hospital,  on petrol forecourts and a store at HMS Collingwood.

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In addition to the new stores, around 80 further shops will undertake major refurbishments in 2025, including in Exeter, Brighton, Bristol, Cambridgeshire, Hampshire, Avonmouth, Hereford, and Clapham.

The grocer is also continuing to look for new freehold and leasehold space as it maintains its momentum in convenience.

Co-op managing director Matt Hood said: “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.

“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.

“Our stores play an active role in local life, and are often a community hub, providing the products and services our members and customers want and need.”