Co-op news

17 September 2019
Following our latest retail/ food-to-go fusion safari in London last week, we highlight three trends and developments to learn from in the UK’s capital right now. The growth and growth of food halls If you’ve not been to London for say, three months, you’ll find a whole lot of new development to see, experience and learn from. The pace of growth has been rapid this year. Arcade Kitchen, at ...
17 September 2019
The grocery market returned to growth in the 12 weeks to September 8th with sales at +0.5% according to Kantar. Following a challenging summer, the warmer weather over the August bank holiday helped to boost sales. We look at the results in more detail including the impressive performances from Co-op and Ocado. Stand-out performance from Co-op Co-op saw excellent growth in this period with ...
12 September 2019
Co-op annonced strong interim results as the retailer continues to outperform the market. Total sales increased by 12% to £5.4 billion, reflecting the full contribution of the Nisa business and continued strong performance of the Food business.  The retailer also returned £29 million of benefits to members and £6 million to 4,000 local causes. Food growth in a competitive market Total Food ...
02 August 2019
Co-op’s Retail Business Transformation programme (RBT) is the biggest transformation programme the convenience store retailer has ever undertaken. System pilot launched with 15 suppliers The pilot will support Co-op’s “ambitious growth strategy”, bringing new technology to optimise metrics such as availability, stock holding and ranging, in addition to improving the accuracy of forecasting ...
31 July 2019
National convenience retailer Co-op is to extend the trial of its app-based pay-in-aisle technology, with 30 stores planned to be enabled for shoppers to scan and pay through their mobile phones, without the need visit a till, by the end of August.  The system allows for payment through either Apple or Google Pay and was first unveiled in early 2018. 30 stores focused in busy urban locations ...
27 June 2019
The Co-op has today unveiled two new Co-op on the go stores, following on from a successful trial of a store at Piccadilly Station in Manchester.  Three stores to open this week The first of these is in London, located under a railway arch, at America Square, close to Fenchurch Street station. The second is in Pinhoe, Exeter, while a third will open later this week in Edinburgh. Targetin...
20 June 2019
Co-op has announced it will revamp and relaunch ten in-store coffee shops in partnership with Churchill Catering. & Coffee Co-op has signed a concession deal with Churchill Catering to relaunch ten coffee shops across its convenience store estate. The coffee shops will operate under the new brand name ‘& Coffee’, and will stock locally produced products, as well as offering tailored menus f...
29 May 2019
Co-op has announced it has raised £300m through a sustainability bond focussing on Fairtrade, as it expands its online offer to new stores and areas. Support for Fairtrade producers In a first for a UK retailer, the Co-op has issues a sterling denominated Sustainability Bond, raising £300m. The proceeds will be allocated exclusively to the retailer’s work on supporting and promoting Fairtra...
28 May 2019
Jo Whitfield, chief executive of Co-op Food, has been announced as the winner of the Veuve Clicquot Businesswomen of the Year award. First female leader of a food retailer winner Jo Whitfield, who has previously worked for companies including Ernst and Young and Matalan, has become the first female leader of a food retailer to win a prestigious businesswoman of the year award. The Veuve Cli...
24 May 2019
John Lewis & Partners has announced it will trial a click and collect service in a number of Co-op food stores. Delivering convenience for customers The click and collect trial, part of John Lewis’ strategy to reach more customers, will initially be launched in Co-op’s Manchester Support Centre and will offer next-day click and collect for customers in areas with a smaller John Lewis store ...