Greens Retail has secured a £1.3m funding package from HSBC that will help it achieve its plan to open nine new stores this year.
The funding will enable Greens to open sites in Aberdeenshire and Dundee later this year. This follows recent openings in Inverurie, Peterhead, Kinross, Kirriemuir, Shettleston, and Fraserburgh, taking the total number of branches to 13.
Greens directors, Harris Aslam, said: “We’ve been working to evolve the convenience sector since our arrival in 2014 by concentrating on partnering with local suppliers to provide our stores with fresh produce,
“Thanks to HSBC UK, we can continue to do this and reduce food miles, while introducing customers to interesting and exciting suppliers on their doorstep.”
Tim Laundon, relationship manager at HSBC, added: “The opening of these new stores will boost both the local economy and employment in these areas,” he said. “We look forward to seeing the success of the new branches over the coming months.”
Earlier this year, Aslam told SLR that he is interested in talking to existing independent retailers that are looking at selling, retiring, or moving on.
