Is the end of the supermarket nigh?

There could be light at the end of the tunnel for Macclesfield town centre.

Maybe (and hopefully) the days of large supermarkets dominating trade in towns is coming to an end.

Latest news is that the Co-operative Group is to sell a portfolio of 36 larger supermarkets, as it focuses on convenience stores.

Steve Murrells, chief executive of Co-op Food, said: “The Co-op Food business is moving forwards with a clear purpose and momentum, so we can deliver a compelling, convenient and co-operative shopping experience for millions of shoppers each day.  It is essential that we have a proactive property programme in place to support our long-term growth strategy and this sale aligns with that approach.”

I’m guessing that means we’re dumping our supermarkets.

Today the Co-op, tomorrow Tesco?