MANCHESTER, 7-8-2014 — /EuropaWire/ — Kris Nayak has been promoted to the role of Head of Location and Portfolio Planning within The Co-operative Estates.
Kris, who joined the business in March as Head of Business Acquisitions and Strategy, will be responsible for leading the location and portfolio planning team and delivering expert knowledge of people and places in order to make the best possible location decisions.
“The location and portfolio planning team has a huge amount of acquired knowledge which is extremely valuable to the success of our convenience store acquisition programme: we will open 100 new stores this year, and targeting 150 in subsequent years. Our forecasts for store performance are market-leading in terms of accuracy: our challenge is to unlock data and build privileged insights that lead to competitive advantage.”
Stuart Hookins, Head of Portfolio Strategy Acquisitions and Disposals, said:
“In the short time he has been with the team, Kris’ experience, knowledge and passion have proved a huge asset to the business. His new role recognises this, and I have no doubt that Kris’ appointment will result in the team providing even greater insight to the store acquisition programme.”