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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May- 2018 -3 MaySupermarkets
Nisa members attempt to stop Co-op takeover
A group of 30 members of Nisa have hired a lawyer to help them try to halt the takeover by Co-op. The takeover is expected to go through following the court sanction after the Competition and Markets Authority (CMA) cleared the deal last week. The takeover was approved on the…
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Apr- 2018 -24 AprilHigh Street
Co-op’s £143m takeover of Nisa cleared by CMA
The Co-op’s £143m takeover of Nisa approved by the Competition and Markets Authority (CMA), subject to a court sanction on May 4. The Nisa board voted in favour of the proposal by Co-Op in November 2017 and the deal is hoped to be completed by 8 May. In a joint…
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12 AprilNews
Rise in profits for Central England Co-operative despite “challenging trading environment”
Central England Co-operative has announced its year end results, to 27 January 2018. Gross sales and operating profit were up compared to the previous year despite the Society operating in “a challenging and highly competitive trading environment.” Growth at the member-owned co-operative business has been driven by continued strong sales…
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6 AprilNews
Co-op profits rise as membership increases by 1.2 million
Co-operative has reported a 25% increase in underlying profit before tax, improving business performance. The retailer reported profits before tax of £72m, in contrast to a loss of £132m in 2016. Revenues remained stable at £9.5bn with like-for-like food sales increasing by 3.4%. Active membership increased by 15% to 4.6…
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5 AprilSupermarkets
Co-op to open trio of stores in Worcester
The Co-op is set to open three new food stores in the Worcester area following a £2.25m investment. A store in Station Road, Honeybourne, opened today and includes an in-store bakery and a focus on fresh, healthy foods and meal ideas. Another store in Barker Street, Worcester opened on 22…
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Mar- 2018 -13 MarchGovernment
Leading retailers support plan for sustainability and equality
Over 25 leading UK retailers, including Sainsbury’s and John Lewis, have signed up to a series of pledges to tackle global challenges over the coming decades. The ‘Better Retail Better World’ scheme includes a series of stretching targets for the retail industry to achieve by 2020, and uses the United…
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9 MarchNews
Co-op Group investigated for treatment of suppliers
The Co-operative Group Limited is facing an investigation by the Grocery Industry Watchdog due its treatment of suppliers. Christine Tacon of the Groceries Code Adjudicator launched an investigation having formed “a reasonable suspicion that the retailer may have broken the Groceries Supply Code of Practice (the Code)”. It relates to…
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8 MarchHigh Street
Co-op launches ‘pay in aisle’ mobile app technology
The Co-op has launched a new mobile app that allows customers to pay for their groceries in the aisle and avoid going to the till altogether. The ‘shop, scan and go’ initiative is being trialled at a Co-op’s store in the group’s support centre in Manchester, with a wider roll-out…
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8 MarchHR
Violent crime against retail staff doubles
There has been a ‘concerning spike’ in the number of violent incidents against retail staff, according to a survey by British Retail Consortium (BRC). The trade body’s Retail Crime Survey found the rate of incidents of violence with injury has doubled since the previous year to six per 1,000 members…
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6 MarchSupermarkets
Morrisons and Tesco fastest growing, Co-op returns to growth
The latest grocery market share figures from Kantar Worldpanel, published today for the 12 weeks to 25 February 2018, show that grocery sales have increased in value by 3.2% compared to the same time last year. This marks the 12th consecutive 12-week period in a row that total market sales…
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