Local goods drive sales growth for Lincolnshire Co-op

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Total yearly sales for Lincolnshire Co-op were boosted 5.4% to reach £329 million, driven in part by sales of local goods which hit a record high of £3.2 million.

For the 2017/18 financial year, sales of the Society’s ‘Love Local’ range shot up by 45%. Over forty firms supplied the Co-op’s food stores with almost 200 products made locally in Lincolnshire.

Rising customer numbers and an increased basket spend saw sales rise 6.9% in food stores. Investment in services like in-store bakery, improved chilled ranges and high standards during April’s ‘beast from the east’ and the hot summer also helped boost performance.

Ursula Lidbetter, Chief Executive of Lincolnshire Co-op, said: “We’re delighted with our strong trading performance this year, particularly in the current tough retail climate. It’s not just about the figures, though. I’m proud of all the ways we make an impact in our community.”