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.
-
Aug- 2022 -30 AugustSupermarkets
Asda eyes £450m bid for Co-op’s petrol forecourts
Supermarket group Asda is reportedly preparing to make a £450m swoop on the Co-op Group’s petrol forecourt business, according to Sky News. The outlet reports that Asda is the leading contender to buy Co-op’s fuel retailing arm, which includes a sizeable convenience operation. According to the source, a deal could…
Read More » -
24 AugustSupermarkets
Co-op Group appoints Shirine Khoury-Haq as CEO
The Co-op Group has announced the appointment of Shirine Khoury-Haq as the supermarket chain’s new CEO. Allan Leighton, chair of Co-op, said: “I’m delighted that Shirine has accepted the invitation to lead and develop our Co-op into the future, tackling the challenges presented by the highly uncertain and volatile external…
Read More » -
16 AugustSupermarkets
Grocery price inflation hits new peak, Kantar finds
Supermarket sales rose by 2.2% in the 12 weeks to 7 August according to the latest take-home grocery figures from Kantar, despite grocery price inflation hitting 11.6% – the highest level since Kantar first started tracking the data this way in 2008. During the period, Lidl remained the fastest growing…
Read More » -
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,…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More » -
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…
Read More »
