Somerfield stores Ltd is a grocery retailing business that has been operating in the UK since 1950 (under various different names). The Somerfield chain consists of 977 small to medium-sized supermarkets, making it the sixth largest supermarket group in the UK .
The Bristol-based company, which emerged from the former Gateway chain in the 1990s, is set to become part of the Co-operative Group in a £1.57 billion deal that will cement the Co-op’s position as Britain ’s fifth largest supermarket chain. The takeover deal was confirmed in October 2008 following the Office of Fair Trading’s approval and is expected to be officially concluded in March 2009.
The Co-op said some 650 Somerfield stores will be converted to its own-brand, while the Somerfield headquaters in Bristol will be closed and all operations relocated to the Co-operative Group’s existing head office in Manchester .