UK's Co-op targets doubling of convenience store estate
date:Mar 06, 2014
Britain's No. 5 grocer The Co-operative plans to double the size of its grocery convenience store estate over the next five years and will cut prices to better compete with its Big Four rivals.

With a market share of 6.2 percent the Co-op is Britain's fifth-largest grocer after Tesco, Wal-Mart's Asda, Sainsbury's and Morrisons.

While the overall member-owned Co-operative Group weighed down by a crisis in its banking division, its grocery operation outperformed peers at Christmas.

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