Archive of all The Co-op articles – Page 65
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News
Co-op gives its in-store radio a dedicated site
The Co-operative Group is to launch a dedicated website for its in-store radio.
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NewsCo-op Group steps up search for new stores
The Co-operative Group has declared it is “back on the acquisition trail with a vengeance” as it snapped up three Budgens stores and laid out plans to target property agents, developers and landlords for new stores.
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NewsCo-op Group axe falls on more Somerfields
The Co-operative Group is to close a second batch of poor-performing Somerfield stores this month with the loss of around 250 jobs, The Grocer can reveal.As many as 11 stores, from North Yorkshire to Wiltshire and from Wales to Suffolk, will close in the next fortnight due to “poor trading ...
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NewsFood sales up 2.4% at Midcounties Co-op
Midcounties Co-operative Society has reported a 2.4% increase in half-year food sales. Group sales at the UK's third-biggest co-op rose 3.1% to £387m in the 26 weeks to 23 July, with profits of £15.8m. CEO Ben Reid said the profit figure would...
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NewsThe Co-op to make debut in online grocery
The Co-operative Group is planning to launch an online grocery service within the next year. Details are currently being fleshed out but the launch was “within reach”, said Helen Bridgett, The Cop’s head of strategy, insight and…
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Comment & Opinion
Retailers and suppliers will battle
So Waitrose is demanding a 5% cut from suppliers and The Co-operative Group is looking for ‘one-off’ payments of up to 2%.
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NewsThe Co-op claims lead on palm oil with new commitments
The Co-operative Group has claimed it is the largest UK supermarket to certify all of its palm oil as sustainable. The retailer is purchasing accredited GreenPalm certificates from a co-operative of smallholders who are producing sustainable palm oil, accredited by the Roundtable on Sustainable Palm Oil.
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NewsProfits take a tumble at Scotmid Co-op
Profits have tumbled at Scotmid Co-operative for the first half of the year. The co-op blamed deteriorating economic conditions for a slump in trading profits from £4.2m last year to £2.6m for the latest period.
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ProfilesCo-op Group’s food CEO Hurrell to retire
The Co-operative Group CEO Peter Marks has paid tribute to the society’s food CEO Tim Hurrell, who announced his retirement this week. Hurrell will retire from the role at the end of the year, with food commercial director Sean Toal…
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NewsFairtrade wine carrier first for Co-op
The Co-operative is claiming a UK first with the launch of a 100% biodegradable Fairtrade wine carrier in November. The reusable carrier (rsp: £2.49) is largely made from Fairtrade cotton, but has been reinforced with PVA-coated jute to…
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News
Spar UK is ‘fantastic and entrepreneurial’ says incoming MD
Debbie Robinson officially took up the reins as MD of Spar UK this week.Speaking exclusively to The Grocer, the former Co-op food marketing director said it was an exciting time to be back in food retail. "The convenience...
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News
Fonterra and First Milk to put EU whey ahead
Fonterra has hailed its new partnership with First Milk as the "first step" towards changing its European business model from importing New Zealand dairy products to supplying European-produced dairy ingredients. The New Zealand co-op...
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Analysis & Features
The Co-op eyes a network fit for the future
Last week’s numbers don’t look clever. But a mammoth overhaul of its outdated logistics network is essential to The Co-op’s rejuvenation. Beth Phillips reports
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NewsOwn-label washing up liquid off Co-op shelves for a month
The Co-operative Group will be without own-label washing up liquid for more than a month after its supplier pulled out of the UK market. Own-label washing up liquid would not be on shelves until 3 October, the society said, after it had…
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News
Co-op Group turns up the heat on Somerfield disposal scheme
The Co-operative Group is accelerating its Somerfield disposal programme as it bids to get all of its stores refurbished under The Co-operative fascia by the end of the year. In recent weeks the society has announced a spate of closures...
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NewsCo-op trialling shelf sales of spirits after Diageo indie success
The Co-operative Group has taken a lead from independents, teaming up with Diageo to boost spirits sales in its c-stores. The society is working with the drinks giant as part of its ongoing Free Your Spirits campaign, through which...
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News
Midcounties Co-op sells News Express
Midcounties Co-operative Society has sold its CTN business News Express to Dave's Discount Group, the owner of the trade names Thresher, Victoria Wine, The Local and Bottoms Up. Dave's, which has off-licences, Post Offices and...
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NewsCo-op Group to stick by its big spend
The Co-operative Group has vowed to plough on with its £2bn three-year investment programme despite a 3.6% fall in half-year like-for-like food sales. CEO Peter Marks revealed food operating profits had plummeted 21% to £135.4m in the 26...
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NewsHaldanes defies call to review its Co-op action
Arthur Harris, CEO of the collapsed supermarket chain Haldanes Stores Limited, has vowed to press ahead with a personal legal claim against The Co-operative Group. In a Statement of Administrators Proposals, made available at Companies...
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Comment & Opinion
Peter Marks' very long game
Peter Marks, boss of The Co-operative Group, declared this morning that trading conditions were “the worst” he had seen “in over 40 years of retailing”.