MFG will make an initial £40m investment into Morrisons sites between May and October 2024. The company will be using this investment to upgrade sites across the network, aligning them with MFG’s existing stations, starting with the first five sites selected and then refitting 15 sites per week until the end of October.
This is only the start of MFG’s investment in the customer experience, ahead of the full-scale redevelopment of the Morrisons portfolio, which will include valeting centres and the installation of ultra-rapid EV charging hubs.
MFG says it will be investing in the forecourt infrastructure to ensure sites comply with the latest Health & Safety regulations and are fit for the future. The company will retain the Morrisons brand on these sites, with product ranges previously sold remaining available for customers and local communities.
Following this initial investment, MFG will invest in valeting and install Ultra-Rapid EV charging infrastructure across the Morrisons sites. The company is targeting the installation of 800 Ultra-Rapid 150kW EV chargers, in hubs, within the first five years alone. This level of investment will position MFG as one of the largest and most significant ultra-rapid EV charge point operators in the UK, with a landbank of over 1,300 sites that will be capable of serving and powering millions of customers a week.
Alongside the EV investment at Morrisons sites, MFG will invest to expand and improve the convenience retail proposition, with a focus on enhancing the retail environment, food-to-go and valeting facilities to customers. MFG plans to grow to become the UK’s number two convenience store operator serving communities across the country.
“This is the start of our wider plans to upgrade all of the Morrisons hubs with services to fit all of our customers evolving needs, including ultra-rapid EV charging infrastructure, food and valeting,” said William Bannister, CEO of MFG.