Retailers The Co-operative have invested £560,000 on the creation of a new store in the North East as part of its strategy to open 100 stores across the UK this year.
The new 3,000 sqft convenience store opens on May 8 in Burnopfield, County Durham, and will create 10 new jobs and employ 15 in total.
The opening comes as The Co-operative Food, part of the Co-operative Group, announces arrangements for a networking event in Newcastle, to target new stores across the North East as part of its ongoing acquisitions programme.
Property agents, developers and landlords are invited to meet the property team at the event, which is being held at The Living Room on Grey Street on May 14 from 11.30am.
The Co-operative Food has plans to acquire over 100 new stores during 2014 in a bid to bolster its position as a convenience retailer.
The programme will see the business, which already operates 2,800 outlets, open stores in both high street and local community locations.
As well as recent store openings in Gateshead and next week’s opening in Burnopfield, stores will soon open in Wooler and Seaton Sluice, Northumberland.
Mike Harrison, acquisitions manager for the North, said: “With ambitious plans for 2014, The Co-operative Food is forging ahead with its acquisitions programme to expand its estate, and we are specifically looking for new locations across the North East.
“We are actively searching for new opportunities to grow the business and this is a great chance to meet and work with agents, landlords and developers to identify the right properties in the right locations and in the heart of local communities.”