Group director of property reveals more firms may be added to framework for 拢500m a year development pipeline
Morrisons is open to appointing new construction suppliers to help it deliver its multi-channel expansion plans, the retail giant鈥檚 group director of property Terry Hartwell has told 好色先生TV.
Morrisons is expanding into convenience stores and online retailing from this year, with plans to open 300 local stores by 2015 and launch an online retailing service from January, after sealing a 拢216m tie-up with Ocado in May.
Hartwell said the retailer would spend 拢500m a year on its overall development pipeline from next year, with its estate set to grow by 3-4% per year, faster than the company鈥檚 long-term average.
Morrisons is opening 100 convenience stores, branded 鈥淢 Local鈥, this year and Hartwell expects the retailer to deliver 100 convenience stores per year 鈥渇or the foreseeable future鈥. Morrisons typically procures work through frameworks and has contractor and consultant frameworks for superstores, convenience stores and retrofit work.
But Hartwell said the retailer was open to new suppliers. 鈥
Just because we鈥檝e got a framework doesn鈥檛 mean we鈥檙e not open to working with new people,鈥 he said.
To read the full interview with Steve Hartwell click .
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