Co-op news

12 May 2022
As the Co-op launches a new click and collect solution and retailers add or extend quick commerce partnerships, we round up news on the UK’s ecommerce channel. Co-op trials new click and collect solution Co-op has launched a new service at its store in Lewes Road in Brighton, due to it being one of the retailer’s busiest for click and collect orders through its own store and the Deliveroo a...
07 April 2022
Leading UK convenience retailer Co-op has announced its full-year results for the 12 months to 1 January 2022, reporting sales in its core Food Retail division of £7,671m a decline of 1.2% versus the pandemic-boosted performance of 2020. On a like-for-like basis (excluding fuel) Food Retail sales were down 2.9%, though on a two-year basis this measure was up 3.3%; showing how the business has ret...
25 March 2022
The Co-op has announced that its Group Chief Executive, Steve Murrells is to step down following the society’s annual general meeting on 21 May. Steve Murrells has led the group since 2017 and first joined as head of its food retail business in 2012. The interim replacement from that date will be Shirine Khoury-Haq, who is currently Group Chief Financial Officer and Chief Executive of the Co-op’s...
09 March 2022
2022’s official Fairtrade Fortnight ran from 21 February to 6 March. We look at how three retailers and quick commerce operator Zapp promoted Fairtrade products and supported the event. What is Fairtrade? The Fairtrade Foundation defines Fairtrade as, ‘a system of certification that aims to ensure a set of standards are met in the production and supply of a product or ingredient. For farme...
01 March 2022
The GB market declined 3.7% in the 12 weeks to 20 February against 2021’s performance, according to the latest results from Kantar. Despite the decline seen against 2021, sales remain significantly higher than in 2020, up by 8.4%. Inflation continues to rise Grocery inflation reached 4.3% in February. Other than the start of the pandemic, this is the fastest rate of inflation growth seen ...
02 February 2022
As first  announced at the IGD Co-op Trade Briefing  in Septemeber last year, Co-op has launched its new incubator programme known as ‘The apiary’.  The scheme is designed to search for, support and mentor smaller, innovative and exciting enterprises. Nine small businesses are taking part in the first phase. Each at a different stage in their development, the programme will offer tailored and ...
06 January 2022
The opening week of 2022 has brought with it a number of senior people moves. Below we summarise the key appointments.   Major changes to Asda’s executive leadership team Asda has announced that Nisa CEO Ken Towle will join the retailer’s executive leadership team later this year as retail director. He will succeed Derek Lawlor who has decided to leave the business after six years. ...
15 November 2021
Co-op and Unilever have teamed up to launch two refill packaging store trials in order to further understand consumer behaviours in relation to refillable and reusable packaging in a convenience environment. Unilever’s first initiative in a convenience store The pilot is set to test a couple of refill models: ‘Refill on the go’ and ‘Return on the go’. Some of Unilever’s best-known brands wi...
10 November 2021
Morrisons and Sainsburys have announced they will cut their net zero target by five years to 2035. Meanwhile, Co-op has rebranded six stores to reflect the importance of climate change and the purpose of the COP26 event and, finally, Tesco is planning to halve the environmental impact of the average UK basket size. Morrisons sets new goal for its net zero target… Morrisons is planning to be n...
21 September 2021
Today at its trade briefing with IGD, Co-op unveiled plans to search for and support innovative micro-businesses through a new incubator programme. Launching in the New Year, the programme – which sits alongside the Co-op’s successful local sourcing programme – has co-operation at its heart and aims to build deep relationships with potential new suppliers while driving innovation, range divers...