Retailer buys Group stores

Sainsbury’s has agreed to buy nine more stores from the Co-operative Group in addition to the 24 acquired in March.

The stores — seven Somerfield branded stores and two Co-operative ones — have cost £29 million and a further £16m in fit-out costs will be incurred.

Six stores will form part of Sainsbury’s supermarket estate, with the remaining three becoming ‘Sainsbury’s Local’ convenience stores.

In this article

Join the Conversation