Helping a sustainable retailer to expand

Supporting Sustainable Businesses

Company Shop is one of the UK’s largest redistributors of surplus food and household products.  The business buys and sells surplus stock from retailers and manufacturers, which would have otherwise gone to waste, passing on significant discounts to its members.

Company Shop’s entire business model is built around sustainability and minimising food waste. Last year, the retailer saved over 70 million units of surplus products from going to landfill.

Expanding Network of Stores

With the funding package from Lloyds Banking Group, the sustainable retailer opened its first North East store last year and plans to open five new superstores over the next two years.

"Over the next few years, we anticipate our increasing network of stores will help us to save over 100 million units of perfectly good products from going to waste each year. This will support retailers and manufacturers to reach their sustainability targets while ensuring products are made available for people to use as originally intended. It’s excellent that our sustainability credentials have been recognised by Lloyds Bank, part of the Lloyds Banking Group, allowing us to benefit from its Clean Growth Finance initiative."

John Marren, founder and chairman of Company Shop

Helping Britain Prosper

“Company Shop is an outstanding firm with a very positive mission. The Waste & Resources Action Programme estimates that there are 205,000 tonnes of edible surplus in the supply chain that could be redistributed, and businesses like Company Shop are doing excellent work to bring this figure down and to help the sector become more sustainable. It’s a great example of a firm that we have supported by providing a £4.2m funding package drawn from our Clean Growth Finance Initiative, which was launched to support companies that help Britain prosper by reducing the UK’s overall impact on the environment.”

Mark Butterworth, Relationship Director, Lloyds Banking Group.

Read more about how we’re supporting British business