The Co-op news and analysis – Page 67
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NewsThe Co-op picks Tulip chief Murrells for top food role
Tulip UK boss Steve Murrells has been appointed the new chief executive of food at The Co-operative Group.
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News
Co-op reaps benefits of stock control software
The Co-operative Group claims it has boosted monthly sales by up to £1m after introducing new software to improve availability.
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Analysis & FeaturesShifting Sands: what The Co-op's acquisition means
The Co-operative Group’s purchase of a 200-year-old independent has taken the trade aback. What happened - and what comes next?
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NewsThe Co-op snaps up top Scots indie David Sands
The Co-operative Group has swallowed up Top 50 indie David Sands.The purchase includes all 28 stores belonging to the Scottish retailer, which has 700 staff.The Co-op said the two businesses had exchanged contracts and the sale was expected to be completed in the next couple of months, subject to approval ...
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NewsFinal riot-damaged Co-op Group store reopens
The Co-op has reopened its store in New Addington near Croydon, four months after it was destroyed in this year’s riots.
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NewsThe Co-op boss Marks turns rock drummer for charity
Peter Marks has joined the race for Christmas number one with a version of Take That’s Greatest Day to raise cash for youngsters with learning difficulties.
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News
Co-op ups the ante on its petfood range
The Co-operative Group is relaunching its own-label petfood range and increasing the amount of space it gives to the category.
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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