Archive of all The Co-op articles – Page 96
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Subway may join Somerfield
America’s biggest fast food company Subway is in talks with Somerfield about putting its sandwich offer in 100 stores.Area regional manager UK and Ireland Kevin Graham said the company was in “advanced discussions” with the food retailer. The...
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Co-op insurance will axe 2,500 jobs
Co-operative Insurance Society (CIS) is to cut 2,500 jobs in the next two years.The society, part of the Co-operative group, said it was forced to make cuts because of the increasingly competitive nature of the market, according to newspaper...
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Co-op household now cruelty-free
The Co-operative Group has become the first retailer to be awarded the British Union for the Abolition of Vivisection’s new cruelty-free standard for its own label household products.The group’s cosmetics and toiletry products already carry the...
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Franchise move by Co-op
The Co-operative Group is searching for a senior industry figure to head up a major franchise operation.The possibility of the society becoming a major player in franchising was first raised in an interview with The Grocer in March, in which...
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What a result!
The Co-operative Group is on top of the grocery industry this week after a team from its head office emerged victorious in the first national five-a-side football competition in aid of the industry’s welfare charity,...
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...and more tailored ranging in store
Somerfield is rolling out a new product allocation system that will help it develop more tailored ranges in stores.Speaking as the group published its full-year results, executive chairman John von Spreckelsen said the system would enable...
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Essential adjustment...
Somerfield is developing a new c-store format for independent retailers in Scotland that want a stronger chilled offer without investing in the full Somerfield Essentials franchise package.The move follows Somerfield’s acquisition of wholesaler...
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The Co-op appoints Owen to drive non-food ranges
The Co-operative Group has promoted Mark Owen to the newly-created post of head of trading non-food.Owen will focus on non-food and kiosk-related products within Co-operative Groupstores, including cigarettes, newspapers and magazines,...
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Another player in the battle for Londis
Newspaper reports over the weekend stated that the Co-operative Group is ready to bid £66m for Londis.It is expected that the Co-op’s chief executive Martin Beaumont will act before 22 June when the shareholders will vote on Irish wholesaler...
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One site cuts costs
Somerfield is consolidating the bulk of its imports at a single warehouse in Banbury in a bid to take more control over its inbound supply chain. Exel, which manages Somerfield’s alcohol imports at the Banbury depot, will now handle canned...
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Refurb programme commences for United Co-op
United Co-operatives has launched a refurbishment programme for its largest stores as many of its fellow societies are attempting to dispose of their superstores in order to concentrate on c-stores.It has spent £800,000 refurbishing its...
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Plenty of scope for the co-ops
Sainsbury is showing a slip in share to 15.9% after the modest rebound it achieved three months ago. At this time of year the seasonal non-food ranges of Asda and Tesco give added growth to stores sales which can be gauged by their average spend per...
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Somerfield in beef Partnership
Farmers are being offered a guaranteed price for their beef as part of a new partnership deal with Somerfield.By working closely with the retailer, farmers would gain an assured market and agreed financial return, said Andy Johnson, head of...
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CRTG steps up search for new buying partners
CRTG, the buying group for the co-operative movement, is actively seeking new partnerships in the independent sector.Martin Beaumont, chief executive of the Co-operative Group, which runs CRTG, confirmed the development at the Association of...
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Somerfield move on Scots
Somerfield is targeting Scottish convenience operators as it expands its Essentials convenience estate, building on the Aberness business it bought in March.Head of convenience business David Cheyne said it was talking to Scottish chains as...
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Conveco is ‘not the last’
The Co-operative Group’s appetite for acquiring c-store chains is undiminished, despite taking over another 64-store company this week.Chief operating officer for retail Malcolm Hepworth said the society was still on the lookout for further...
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PayPoint rebel blazes a trail for Somerfield
PayPoint maverick Romesh Perera is set to open the London flagship store for Somerfield’s new franchise scheme for independent retailers.Perera, who also has a Costcutter store and formerly ran a Budgens Local franchise store, has scheduled...
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Co-operative Group buys Conveco
The Co-operative Group has purchased the Conveco c-store chain for an undisclosed sum.The 64-store chain, 38 of which trade under the Spar fascia, is based in the West Country and is ranked 23 in The Grocer Top 50.Commenting on the...
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The fifth force in food retailing
With the realignment of the top end of the grocery trade now probably complete with the takeover of Safeway by Morrisons, the focus is on changes in convenience and high street retailing. This week Somerfield said group like-for-like sales...
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Kwik Save dies in Scotland
Somerfield is ditching the Kwik Save brand in Scotland with the closure of 22 unprofitable stores and the £20-30m conversion of the remaining 29 to the Somerfield fascia.Somerfield executive chairman John von Spreckelsen said the 22 stores...