North-west Spar retailer Alfred Jones has revealed ambitious expansion plans for the next few years but warned it won’t pay over the odds for new stores. The Warrington-based retailer, which currently has 75 stores, said it was aiming to increase its estate to about 100 stores. The retailer, which this month posted pre-tax profit up 1.6% to £896,423, is also spending £1.2m this year refurbishing nine stores. At the six stores refurbished so far this year, sales have increased by an average of 16%.

“As with the acquisitions we will not be overspending on the refurbs – some of the money being spent will take years to realise,” said MD Tom Calderbank. “And we are taking a common-sense approach, providing a nice clean store shoppers can pop into for cigarettes, milk and top-up grocery.”