The Co-operative Group buys 10 London Costcutter stores

  • Print
  • Share
  • Comment
  • Save

The Co-operative Group has acquired 10 Costcutter stores in London.

Six of the stores are owned by Sunstar Group, which is 40th on The Grocer’s Top 50 ranking of the UK’s independent grocery retailers. The other four are owned by Tothaal Group.

All of the stores, which are located in Southwark, Tower Hamlets, Hackney and Brentford, will start trading as Co-ops before Christmas but will receive a full £3m refit in 2013.

“This acquisition marks another important step in our plans to expand and follows our acquisition of the David Sands chain in Scotland earlier this year and the opening of a large number of new stores across the country,” said head of food at The Co-op Group Steve Murrells.

“These stores are in excellent locations across Central and Greater London and they will complement our existing store network in the capital and will be valuable additions to our portfolio.”

Have your say

These comments have not been moderated.

You are encouraged to participate with comments that are relevant to our news stories. You should not post comments that are abusive, threatening, defamatory, misleading or invasive of privacy. For the full terms and conditions for commenting see clause 7 of our Terms and Conditions ‘Participating in Online Communities’. These terms may be updated from time to time, so please read them before posting a comment.

Any comment that violates these terms may be removed in its entirety as we do not edit comments.

If you wish to complain about a comment please use the “report this comment” facility or email groceremails@wrbm.com

Mandatory
Mandatory
Mandatory
Mandatory

Related images

  • COSTCUTTERS
  • Print
  • Share
  • Comment
  • Save

Grocer jobs Experts in FMCG

Redhill Recruitment Ltd Business Development Manager – Meats

Business Development Manager – Meats - Redhill Recruitment Ltd

Upto £30k Basic + Excellent OTE - Company Car- Laptop & Phone
Search jobs
Sign in

Newsletter Sign-up

Free

I wish to receive the following newsletters:

For Members

Become a Gold Member to receive these newsletters:

Become a Finance Member to receive these newsletters:

Become a member of The Grocer

DIRECTORY

The+Grocer+Directory

CLICK HERE to search for the products, services and companies you need in the definitive guide to the UK food and drink industry.

FOLLOW THE GROCER

The Grocer's commentators and opinion makers