B14 News can confirm that Central England Co-operative is selling its Hazelwell Street store in Stirchley to Morrisons.
The society confirmed the news on Wednesday (30/10) bringing an end to a historic presence the supermarket has had in Stirchley, after originally forming in the area in 1875.
A spokesperson from Central England Co-operative said:
“The Society can confirm that it has entered into an agreement with Morrisons to sell its Supermarket in Hazelwell Street, in Stirchley.
“This will mean staff will be transferred across as part of the sale, with colleagues retaining existing terms and conditions under Transfer of Undertakings Protection of Employment (TUPE) legislation.
“The Society has been working for several months on various proposals for the Stirchley store and chose this option to ensure that employment for colleagues would be retained.
“The decision on the future of the store came following a full review of trading performance, which indicated a decline in sales with increasing losses projected in future years.
“Like other retailers, we are constantly adapting to retail challenges at a local level, please be assured this decision was not taken lightly and is necessary to protect the long-term future and growth of the Society as a whole.
“Despite these planned sales, Central England Co-operative remains committed to Birmingham and is planning several new stores and refurbishments to ensure our members and customers continue to be served.
“We would like to thank all staff for their commitment and dedication during their time with the Society.
“A date for the proposed completion of transfer has yet to be confirmed.”
Locals have already expressed their sadness on the sale with the society having a presence in the area for over 145 years as Ten Acres and Stirchley Co-operative Society (TASCO).
Really sad that the Co-Op are leaving Stirchley, OK bit expensive but they been part of our community since Victorian era & helped build Stirchley
— Pierre (@RepublicofB30) October 29, 2019
B14 News has contacted Morrisons to learn more about their plans for the store in the future.