Archive of all The Co-op articles – Page 77
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Co-op Group confirms Somerfield talks
The Co-operative Group has confirmed it is in talks to buy Somerfield, as its food stores report full-year like-for-like sales growth of 4.6%.Peter Marks, CEO of The Co-op Group, confirmed the society was in serious discussions with...
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Deal to buy Somerfield won't be done just yet
Reports that The Co-operative Group could secure a deal to buy Somerfield within the next week are wide of the mark, The Grocer has learnt.The society was in exclusive talks to buy Somerfield but a deal was still some time off, a source...
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Somerfield and Woolworths team up in convenience trial
A tie-up between high street retailer Woolworths and Somerfield has surprised analysts in light of its potential sale.The chain revealed it would launch a convenience-focused food trial in three Woolworths stores in the next six months....
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Co-op buys stores from Sainsbury's
The Co-operative Group has bought 10 former Bells and Jacksons stores from Sainsbury's, adding 17,500 sq ft of selling space.It plans to invest almost £2.5m in rebranding and refurbishing the stores, which will be converted to its...
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Integration boosted by EPoS revamp
The Co-operative Group will spend £8.3m on a revamp of its EPoS system following its merger with United Co-operatives.Some 550 Co-op food stores will be fitted with the InControl EPoS system, which is already used in 1,650 Co-op Group...
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One postcode left for Tesco
Tesco has stores in all but one postcode area of the UK after buying three stores in the Northern and Western Isles of Scotland.The stores were bought from Somerfield and expands the supermarket giant's reach into every postcode area of the...
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Plymouth & South West to trial The Co-operative fascia
Plymouth & South West Co-op has decided to adopt The Co-operative fascia in a major u-turn for the society.It plans to pilot the fascia, first launched by the Co-operative Group in 2005 at its Chaddlewood store in...
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Bond: online and Living are taking priority over c-stores
Asda boss Andy Bond has insisted that c-stores are not a part of Asda's growth plans - but refused to be drawn on its rumoured bid for neighbourhood and high street chain Somerfield."I am agnostic on c-stores," said Bond, speaking at a...
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First Fairtrade lolly launched by The Co-op
The Co-op is launching a raft of premium lollies and ice creams under its Truly Irresistible label to tap into the growth in luxury desserts.The lollies, which include Fairtade pineapple, mango and banana smoothie sticks, have a healthy...
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First Milk: 'Pay more so farmers can invest'
First Milk is calling on dairy farmers to be paid a higher price that allows the industry not just to subsist but to grow.A report from the farmer-owned co-op claims producers needed to be paid 29.64ppl to be profitable. Farmers...
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What the papers said - 8th March 2008
Somerfield's shareholders may be forced to accept a break-up bid for the group. Barclays Capital, Apax Partners and property tycoon Robert Tchenguiz had hoped to secure an offer for the business, but a break-up was more likely, the paper reported....
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Somerfield revamps lines to shake off top-up shop image
Somerfield is overhauling its premium and healthy own-label ranges in an effort to challenge consumer perceptions it is just a top-up shop.It has launched dozens of new products in its Best Ever and Healthy Choice ranges after it...
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Welford at helm of Somerfield buying
Somerfield has promoted Guy Welford to head of buying in the convenience chilled category. Welford has been buyer for in-store bakery, pre-packed cheese, butters, spreads & margarines, but his most recent role was as buyer for milk,...
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Two more societies sign up for The Co-operative fascia
The drive to unify the co-op movement under a single brand received a boost this week when two more societies agreed to adopt 'The Co-operative' fascia.The Lothian Borders & Angus and Chelmsford Star co-ops will between them rebrand more...
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Milk merger collapse sparks dismay at 'lost opportunity'
The proposed merger between dairy co-ops Milk Link and First Milk collapsed this week after the two parties failed to agree on a valuation for the businesses.The merger would have created a business with a turnover in excess of £1bn that...
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Sales of Cava up as drinkers spend less
Marques de Monistrol has sealed a new UK supermarket listing with its latest launch, the Grand Tradicion Vintage Cava Rose 2005.The Spanish sparkling wine will be stocked in 330 Co-op stores from the end of March, retailing at...
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Waitrose/Co-op in Somerfield bid
Waitrose and The Co-operative Group have teamed up to launch a joint bid for the Somerfield grocery chain, The Grocer has learnt. The two retailers will go head-to-head with Asda - currently the favourite to buy the retailer - and four or...
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The constructive approach - Q&A and Availability
Deciding the winner of the Top Store award has been a tough call this week with all the retailers except Somerfield providing full baskets - but staff at Sainsbury's branch in Winchester, Hampshire, clinched it with an excellent display of customer...
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Top-Up shop
Who we visited East of england co-op Stowmarket, Suffolkcostcutter Blackburn, West Lothianone stop Highbridge, Burnham-on-Seapremier Kirkintilloch, East Dunbartonshiretesco express Sutton, South...
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Commission must act to stop consolidation
Sir; The sale of Somerfield is the latest major step in the consolidation of the grocery market ('Asda tipped to buy Somerfield for £2bn', The Grocer, 19 January, p4).Speculation suggests that bidders are three of the existing big four...