Sales reach £165m for Lincolnshire Co-op

Sales at Lincolnshire Co-op have grown by £5 million to £165 million this half year, driven by a strong performance by its food stores.

Total sales in the six months to 3rd March 2019 rose by 3.4% compared to the same period last year.

Food stores saw sales rise by 6.5% with customer visits up by 5.7% to 12.6 million in the half year. This included a successful festive trading period with a record-breaking Christmas Eve.

Demand for goods from the Society’s local bakers Gadsby’s went up 4.3%.

Sales growth has enabled Lincolnshire Co-op to invest in valued services and new developments across its trading estate.

Lincolnshire Co-op uses green power from wind farms and hydro-electric plants and is also focused on reducing energy use.

Capital projects saw investment of £7.7 million during the half year, with new services opening including a food store and pharmacy in Newark Road in North Hykeham, a funeral home in Scunthorpe and the completion of a major refurbishment of Whaplode Food Store and Filling Station.

Holidaymakers continued to value the independent advice of Lincolnshire Co-op’s travel agencies, with sales up 4.1%.