Co-op
This coverage examines Co-op’s operations, strategy, and role within the UK retail and convenience sector. Reporting covers store performance, product ranges, sustainability initiatives, community programmes, financial results, and leadership decisions. Focused on commercial and operational impact, it offers insights for retail executives and managers engaged in grocery, convenience, and ethical retailing.
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Aug- 2022 -10 AugustEconomy
Deliveroo losses widen as Simon Wolfson steps down from board
Deliveroo has revealed its H1 pre-tax losses have widened to £147m from £95m the year prior and also confirmed that Next CEO Simon Wolfson has decided to step down from its board. The food delivery service saw revenue increase 12% to £1.01bn in 2022 compared with £907m in 2021, additionally,…
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9 AugustGovernment
Retail Jobs Alliance calls on next PM to reduce business rates
The Retail Jobs Alliance, a coalition of retailers including Morrisons, Greggs and Tesco, has called on both Rishi Sunak and Liz Truss to pledge to cut business rates, which it said were “killing our high streets”. The group, also consisting of Co-op, Kingfisher,, RivingtonHark, Sainsbury’s, and Waterstones, said it feared…
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3 AugustSupermarkets
Co-op and Deliveroo extend partnership to 1,400 stores
Co-op and Deliveroo have extended their partnership for a further three years, with plans for the service to be available from up to 1,400 of the convenience retailer’s stores by the end of the year. The two companies first joined forces in 2017, with quick commerce since reportedly becoming a…
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Jul- 2022 -27 JulySupermarkets
Southern Co-Op faces legal complaint over facial recognition CCTV
Southern Co-Op is facing a legal challenge after a privacy rights group filed a complaint that its use of live facial recognition cameras is “unlawful”. Big Brother Watch claims that the group uses biometric cameras which are “infringing the data rights of a significant number of UK data subjects”. The…
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25 JulyHR
Co-op to axe 400 office jobs amid ‘tough’ trading environment
The Cooperative Group (Co-op) has announced that it will make 400 roles redundant at its head office in Manchester, amid the company’s plans to “simplify” its approach to business due to a “tough” trading environment, including rising inflation. The redundancies include closed vacancies, redeployment, and the creation of new roles…
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20 JulySupermarkets
Supermarket sales see minor rise amid rising inflation
Supermarket sales rose by 0.1% in the 12 weeks to 10 July 2022 despite grocery inflation rising another 1.6%, according to the latest take-home grocery figures from Kantar. This is the first time the market has registered growth since April 2021. Supply chain issues have driven costs up across the…
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18 JulySupermarkets
Co-op and Starship Technologies expand robot delivery service
Co-op and Starship Technologies have partnered with North Northamptonshire Council to roll-out autonomous grocery delivery to local residents across Wellingborough, Higham Ferrers and Rushden. The partnership will see that up to 45,000 residents across 33,000 households in Wellingborough, Rushden and Higham Ferrers are “able to access on-demand grocery delivery” from…
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Jun- 2022 -28 JuneNews
Pets at Home Rochdale named Proud of My Store monthly winner
Fun, family spirit and amazing teamwork has given Pets at Home, Rochdale a win in the UK’s biggest nationwide competition celebrating frontline retail teams: Proud of My Store. Store Manager, Nathan Reynolds and his team (pictured) caught the eye of the competi-tion’s prestigious judging panel with their dynamic can-do attitude,…
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27 JuneGovernment
Asda joins retailers in rejecting online sales tax
Asda has reportedly told the government that introducing an online sales tax (OST) will harm retailers and shoppers that are already affected with rising inflation, according to The Daily Express. The supermarket chain was one of a number of retail groups to meet with Lucy Frazer, the financial secretary to…
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21 JunePeople Moves
The Midcounties Co-operative appoints new CFO
The Midcounties Co-operative has announced the appointment of Peter Kelly as its new chief financial officer (CFO), replacing Peter Dubois who has stepped down after 26 years with the society. Kelly will also take on executive responsibility for IT within The Midcounties. Previously, he served as head of finance, having…
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