The Fed has consolidated its move to north-east England following the purchase of premises Bede House in Durham, it has announced.
The association relocated from London to the city in 2020 after 100 years of being based predominantly in the capital.
The Fed’s national president, Jason Birks, who runs Moscis Covenience Store in Peterlee, County Durham, said: “It was a historic occasion when we moved our head office out of London. This significant step was taken following a review of our business, and it reflected our commitment to provide high-quality support and services to independent retailers.
“Buying Bede House secures our future in Durham and is a proud new chapter in our 103-year history.
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“It will allow us to push ahead with our strategic plans to help make members money, save them money, and find easier ways to do business.”
The sale was made after an approach to owners Durham Group. Commenting on the sale, the group’s chief executive, Gurpreet Singh Jagpal, said: “The Fed’s wish to acquire the building is evidence of the success of its move and a vote of confidence for our region.”
The Fed has recently also recruited a number of key positions from the region, including new chief operating officer Graham Stafford. Nearly 60 staff are employed by The Fed, with half based in the Durham office.
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