Central England Co-op grows first half sales and profit
Central England Co-op grew its sales by 6.4% to £486.4 million in the six months to 8 August.
The company said the performance was largely a result of strong sales at its food business which helped it to generate a trading profit of £19.3 million. This compares to £11.4 million at the same time last year.
Central England Co-op opened two new food stores and refurbished three shops in the period and is planning to open more stores in its second half.
Other plans include piloting new technology such as self-scan checkouts and scan and go, and experimenting with new ideas and formats such as community cafes.
Debbie Robinson, Central England Co-op chief executive, said: “I would like to thank our colleagues for their heroic efforts during these difficult times and also our board, our members, our customers and our communities for their support and for working with us during this pandemic to ensure we stay safe and well.”
