Co-op to sell its store in Sidley

The Co-op group SUS-160726-110335001The Co-op group SUS-160726-110335001
The Co-op group SUS-160726-110335001

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The Co-op Group has agreed to sell 298 of its food stores, including one in Sidley.

As part of its strategy of refocusing its store estate on a convenience, own-brand led shopping experience, the Co-op Group will sell a number of its smaller branches to McColl’s for £117m, subject to approval from the CMA and McColl’s shareholders.

The stores, with an average size of 1,700 sq ft, will continue to trade immediately after handover, which is expected from November 2016, and all members of staff will transfer to McColl’s.

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