The Co-op news and analysis – Page 103
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Hard grind for buyers
Overworked, stressed and burnt out at 35? As the multiples pile on the pressure, Elaine Watson talks to the people at the coal face.Over at Tesco and the Co-operative Group, buyers have in turn seen their in-trays expand as...
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Double blow for JS
Overtaken by Asda and with its Somerfield hopes dashed, what are the options now for Sainsbury? Elaine Watson reportsPlot the market share of Asda and Sainsbury on a graph since 1999 and it doesn’t take a genius to work out that their...
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Halal meat strips launched by Aria
Former farmer co-op Aria Foods is launching halal meat strips.The newcomer, rolling out this month, comes as Aria bids to develop its range following a management buyout in March.The National Halal Food Group will supply halal meat...
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The Saturday Essay
>>Martin Oakes, board director responsible for Somerfield’s development within the c-store sectorOur new business development teams have been busy in recent weeks with the purchase of Aberness, the award-winning convenience...
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The Saturday Essay
>>retailers cannot work alone in improving diets. Susan Bromley, marketing development manager, Co-operative GroupOnly individuals can take the decision to choose to live a healthy lifestyle. However, that doesn’t mean others don’t...
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Irresistible is ‘tangibly better’
The Co-op is bidding to change consumers’ perceptions of its stores by introducing a ‘super premium’ own label range.Products in the new Truly Irresistible range started hitting shelves at selected stores this week and are being backed by a...
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Shaping up well?
Given there are always plenty of people predicting a rather gloomy future for Somerfield, being invited to meet with executive chairman John von Spreckelsen at World’s End seemed somewhat ironic. But there were no prophets of doom to be found at the...
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Co-op society boosts local sourcing with new scheme
Oxford, Swindon & Gloucester Co-op has launched a scheme to drive up the number of locally sourced products available in stores. Dubbed Local Harvest, the scheme has been launched at 20 stores with over 100 products from 11 suppliers in the...
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Inter Link Foods makes Paul Griffiths group MD
John Wood Inter Link Foods has appointed Paul Griffiths, the former chief of United Co-op's food group, as group managing director. Griffiths will take control of the management of Inter Link Foods' manufacturing and distribution...
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Somerfield lifts lid on rotisserie offer
Julian Hunt Somerfield has come up with an ingenious way of offering hot rotisserie chicken in stores without room for the traditional serveover counter. Shoppers at its store on the King's Road in London one of those testing the idea ...
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John von Spreckelsen tells Julian Hunt why he's confident he
Given there are always plenty of people predicting a rather gloomy future for Somerfield, being invited to meet with executive chairman John von Spreckelsen at World's End seemed somewhat ironic. But there were no prophets of doom to be found at the...
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Balfour to run as standalone
The Co-operative Group plans to run the newly acquired Balfour chain of stores as a standalone unit while it gets on with the task of merging former Alldays stores into the business. Co-operative Group chief operating officer Malcolm Hepworth...
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You can't live by food alone
Somerfield's results this week demonstrate how hard it is for retailers to generate strong like-for-like sales when their focus is on grocery and they have little in the way of non-food to boost top line growth. The Tradetrak figures from...
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Shares in Somerfield have almost doubled over the last quart
However Mark Hughes of Numis Securities believed the shares had peaked and would not trade any higher than 130p this year. The big loser this month was Unilever after it cut its full-year target for growth of its top 400 brands. The share price...
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The fact that the Co-operative Group paid £30m to capture Ba
Consolidation of the market has been going on for the best part of a decade with the likes of T&S Stores competing fiercely with its peers to swallow up other chains like M&W, One Stop Convenience Stores and Day & Nite. But at the end of...