All The Co-op articles – Page 96
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News
Somerfield earmarks 40 stores for conversion
Somerfield has selected 40 stores to convert to its new Essentials and Market Fresh formats in the next financial year as it steps up its refurbishment programme.Sales uplifts from trial stores at Carshalton and Wanstead (Market Fresh),...
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Strength In Numbers
Some industry commentators have predicted that Britain's co-op share of the dairy market will be heading for 70% in the next 10 years. Though still lagging behind their rivals on the continent, in New Zealand and even in Northern Ireland Â...
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Rocket kits have lift-off
Gourmet meal kit company Rocket has announced a big expansion, including supply deals with Somerfield and the Co-operative Group.The Unilever Ventures backed company has also signed up with c-store chain Whistlestop and Wine Cellar, and is...
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Somerfield taps expertise
Somerfield revealed the extent of its convenience retailing ambitions when it swallowed Scottish Mace chain Aberness this week.Aberness’s new md, David Cheyne, said Somerfield saw huge potential in the convenience sector as did Tesco and...
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There’s rapid change ahead
Somerfield will move ahead quickly to introduce changes following its acquisition of Aberness, with plans to convert two trial stores (the Countesswells Road and Kintore stores – both about 2,000sq ft) to the Somerfield ‘Essentials’ brand within six...
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Sainsbury to takeover a Somerfield store
Sainsbury has won a bid to takeover the Somerfield supermarket in Bridgnorth, Shropshire. The store will cease trading as Somerfield on April 25. It is believed that contracts for the 165 staff will not change as part of the handover....
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Somerfield m-way store debut
Somerfield has opened its first store at a motorway service station at the Extra services on the M65 in Blackburn.Somerfield said it was the first supermarket convenience store on a motorway in the UK. The 2,700 sq ft pilot store was...
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Six of the best ice cream buyers
>>nominated this monthMIKE LEWISsenior buyer for frozen foods, MORRISONSMike has worked in retail for more than 10 years, starting off at the Co-operative Group before moving to Booker in a group buying role....
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Count on Somerfield for cereals
Breakfast cereal suppliers’ margins will have been hurt by an intensification of price and promotional-based activity that took place last year.Cereals is one of the biggest categories in store, reflecting a high market penetration and diverse...
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Londis bidding war opens
The bidding war for Londis has begun in earnest after the symbol group’s board unanimously decided that selling out to a bigger player was the best way to safeguard the future of its retailers.Big Food Group, Musgrave, Somerfield, the ...
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Press round-up…ex-Somerfield chief on the move
Former Somerfield chief executive Alan Smith could be in line to head up high street hardware chain Robert Dyas.The Financial Times reported that Change Capital, a private equity firm set up last year by Marks and Spencer chairman Luc...
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OS&G divi goes super
Oxford, Swindon & Gloucester Co-op is relaunching its dividend with the introduction of a superdividend card.Customers will no longer receive dividends as point of sale discounts but as points earned on the card. Shoppers earn points on the...
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Somerfield’s HR director will head up business unit
Katie Peters, Somerfield Group’s human resources director, is to replace Bill Williams as head of the Somerfield business unit.Peters, who is already a member of the group executive committee, will take up her new post on February 16, reporting...
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Six of the best household goods buyers
>>nominated this month: Tesco, somerfield, Morrisons, ASDA, sainsbury, makroMike ArnottSenior buying manager, household, tescoArnott joined Tesco in 1995 to work in product marketing for two years. He then moved into...
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Scotmid hits 76
Scotmid Co-op has boosted its presence in the Edinburgh area with the acquisition of eight former Alldays stores from the Co-operative Group.The deal takes its food retail estate to 76 stores, although overlap with its existing estate meant...
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Somerfield’s franchise deal
Somerfield is to unveil full details of its franchise package at the Convenience Retailing Show at the NEC, Birmingham, from March 14 to 17.Somerfield’s business director for franchise, Norman Kears, has been developing the package since he...
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Somerfield in franchisee talks
Somerfield is in talks with a number of independents about the roll-out of its new franchise package after a successful joint venture with TM Retail. Group finance director Steve Back said: “We’re not looking for franchisees with 300 stores but...
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Marston holding the fort for Lewis
Somerfield has appointed regional director Roger Marston as temporary retail director, with responsibility for all Somerfield store formats.He will replace Tina Lewis who begins a period of six months’ maternity leave on February 1.He...
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Co-op wins right to pursue ICL
The Co-operative Group has won the right to a re-trial to pursue a multi-million pound claim against IT provider ICL.The society took ICL (now part of Fujitsu) to the Technology and Construction court in November 2001 claiming it had breached a...
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Fairtrade grape first
The Co-operative Group is claiming to be the first to offer Fairtrade organic grapes to UK consumers.The fruit went on sale this week and to encourage consumers the retailer slashed the price in half, from £2.99 to £1.49.The fruit is from...