Coop Netherlands, a consumer co-operative founded in 1891, has boosted its growth in 2015, with an increase of 7.5% in turnover, from €1.007bn in 2014 to €1.083bn in 2015. The growth was the result of the co-op’s investment strategy, which saw it open new stores. This has led to an increase in customer numbers. Coop Netherlands has now 254 stores across the country, having opened 13 new stores in 2015.
The co-op has also modernised dozens of shops and revamped fruit and vegetable aisles. In 2015 the co-op has also introduced a new city concept in three stores in Rotherham that has been positively received by customers. These initiatives have helped the supermarket chain boost its turnover by €76m. The co-ops annual report will be published after its members’ council meeting on 21 April 2016.