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Strategic outlook for Co-op

We look at the strategic priorities for Co-op, the UK’s largest consumer co-operative, as it balances its core values and long term goals with the challenges of the cost-of-living crisis. 

Co-op: data

See data on the retailer’s performance and forecasts for its operations by channel.

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Marking the start of the second year of its Pure Convenience strategy, Co-op’s food business, under the leadership of Matt Hood, has updated suppliers on its priorities and ambitions to build and extend its role as the leading UK convenience retailer.

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Announcing its interim results for the first six months of 2023, Co-op has reported sales in its food retail division down by 8.9% to £3,563m. This was substantially the result of the disposal of its fuel forecourt estate of 129 sites in late 2022. Excluding this impact, underlying sales grew by 4%. Total group sales (including life and financial services) were also impacted by the disposal, fall...
Co-op has a long heritage of sustainability and ethical credentials through the recognition of their commitment to Fair Trade and environmental improvement and reducing environmental impact, delivering that for the shopper and to the benefit of the planet. Showcasing the Co-op Sustainability strategy at the Co-op Trade Briefing from IGD on 14 September, Guy Stuart, Director of Technical, Agric...
IGD’s recently published forecasts out to 2028 , highlights convenience as one of the key growth channels in the UK grocery sector. While the total market will grow at an annual compound rate of 3.4%, convenience will track at 4.3%, with channel value hitting £62 billion in 2028. Of the UK retailers Co-op is the biggest pure play in the convenience space, and this is really embodied in its ‘P...
5-year forecasts to 2028

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