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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Apr- 2020 -27 AprilCoronavirus
Co-op expects £200m increase in costs amid Covid-19 crisis
The Co-op has warned that the Covid-19 pandemic is expected to increase its costs by over £200m. The grocery retailer also revealed it expects the increase which will be partly offset by increased food sales and the expected business rates relief announced by the chancellor. CEO Steve Murrells said no…
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14 AprilCoronavirus
Co-op launches fund to help raise £30m for those hit by Covid-19
Co-op CEO Steve Murrells is to direct his own personal income to kick-start a new Co-op Members Fund, which will be channelled into foodbanks, a funeral hardship fund and front-line community causes. The Co-op boss said he will be donating 20% of his salary over a three-month period into the…
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Mar- 2020 -27 MarchCoronavirus
Co-op fills 5,000 roles in one week
The Co-op announced it has filled 5,000 temporary store roles it created last week in just seven days after an “unprecedented response” to the recruitment drive. The 5,000 new employees will have all been inducted to the group’s network of stores by this weekend. The retailer said that those who…
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26 MarchSupermarkets
Co-op introduces ‘stricter measures’ amid Covid-19 crisis
The Co-operative has introduced new measures to enforce social distancing in stores, in a bid to protect customers and colleagues from the spread of coronavirus. The community retailer backs the government’s request for “tighter” in-store protocols and has introduced a range of measures across its 2,600 stores including floor markers…
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18 MarchNews
Morrisons ‘takes action’ amid coronavirus pandemic
Morrisons has announced its steps to take “immediate action” as the coronavirus pandemic unfolds. These include its promise for a pay guarantee for all “sick and affected” colleagues, and more flexibility around shifts and annual leave. It also announced plans to expand its online delivery capability to more than 100…
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3 MarchSupermarkets
Grocery sales increase in February
UK supermarkets saw “positive growth” in February, as total till sales increased to +0.7% in the last four weeks according to new data from Nielsen. Fast moving consumer goods (FMCG) sales at the top four supermarkets also returned to growth during the month, despite sales in general merchandise declining by…
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Feb- 2020 -4 FebruarySupermarkets
UK supermarkets see ‘disappointing’ sales growth in January
Supermarket sales grew by only 0.7% in January 2020, down from 3.3% in 2019, according to new data released from Nielsen. According to the data firm, value sales since Christmas fell at the grocery multiples by 0.3%, with volumes also down 1%. This was exacerbated by inflation, which was only…
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Jan- 2020 -24 JanuarySupermarkets
Co-op faces equal pay claims from over 400 shop workers
Co-op is facing equal pay claims from over 400 employees, mostly female, who say they are underpaid compared to their male counterparts. The workers, represented by law firm Leigh Day, believe they are entitled to be paid the same hourly rate as men in the distribution centres because their work,…
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24 JanuaryComment
Why retailers need to take sonic branding seriously
Retail is undergoing something of a paradigm shift. This is a sector that faces unprecedented challenges as it adapts to the ever-changing shopping habits of consumers. Last week’s ONS data revealed that UK retail sales fell in December by 0.6%, making it the fifth consecutive month in which retail sales…
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7 JanuarySupermarkets
UK supermarkets experience lowest festive sales growth in five years
UK supermarkets have experienced the lowest sales growth over the Christmas period in five years, with sales growing by 0.5% in the last four weeks, according to new data. The data, from data analytics company Nielsen, found that grocery sales reached their peak at £6.2bn over the two weeks to…
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