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Co-op news

03 March 2016
The Co-operative Group is set to invest £75m into over 200 of its private label lines. This will bring the annualised investment from the Manchester based retailer to over £200m by the end of the year. Backing British The average reduction of the price cuts is set to be around 10% with British sourced meat and poultry lines featuring within the targeted range. These 200 lines will push the inves...
09 February 2016
New figures from Kantar Worldpanel covering the 12 weeks to 31 January 2016 point to a return to marginal growth in the GB market after soft Christmas sales, lifted by less fierce deflation and strong (+5%) sales of fresh foods. Implied sales for the period were 0.2% higher than a year (up from -0.2% last month) while deflation eased to from -1.8% to -1.6%. 12 weeks to 01 F...
04 February 2016
The Co-operative Group has bought 15 Budgens stores across the South West, South East and London from Booker for an undisclosed sum. Continued focus on convenience The Manchester based mutual highlighted its desire to increase its presence around the M25 last year, along with the core convenience focus of the 'rebuild' part of their True North strategy. The stores are located in Bedgr...
28 January 2016
Midcounties Co-operative has signed a deal with Coffee Republic to put cafes in 10 of its larger stores during 2016. The first two in Walsall, West Midlands and Highworth, Swindon opened this month. Aligned philosophy The collaboration is the latest in a line of partnerships that the Midcounties Co-operative has launched in the past months, following similar agreements with high street r...
12 January 2016
The latest figures from Kantar Worldpanel covering the key Christmas trading period (12 weeks to 3 January 2016) show that sales in the GB grocery market actually fell by 0.2% over these key trading months, impacted by the entrenched deflation that persisted across the sector for much of 2015.  Over this period grocery prices fell by 1.8% versus 2014, nevertheless indicating that the market has s...
15 December 2015
New figures from Kantar Worldpanel for the 12 weeks to December 6th show a further slowing in the GB grocery market in the run up to Christmas as deeper price cuts impacted. Market growth fell to just +0.1%, from +0.5% November as deflation intensified. Grocery prices are now 1.9% lower than a year ago, compared to 1.7% lower last month. 12 weeks to 07 December 2014 (% share...
17 November 2015
The Kantar Worldpanel figures for the 12-weeks to 8 November shows the GB grocery market continuing to slow in the run up to the key festive trading period, with growth down to +0.5% from the +0.8% reported in the October data.  Deflation remains a significant factor in current performance, though the rate of inflation was unchanged at -1.7%. 12 weeks to 09 November 2014 (% ...
14 October 2015
Rick Vlemmiks, the former Chief Marketing Officer of Sainsbury's online division, will take up his new position as The Co-operative Customer Data Experience Director on November 1st. Vlemmiks to replace Steve Hammett Steve Hammett, the current Customer Data Experience Director, took over the position from Andrew Mann, albeit on an interim basis, in April this year following a spell as Retai...
22 September 2015
New data from Kantar Worldpanel reveals no change in GB market growth at 0.9% with deflation also steady at -1.7%. However there were significant developments in trading performance among major retailers with Sainsbury's and Lidl delivering noticeable uplifts from August. 12 weeks to 14 September 2014 (% share) 12 weeks to 13 September 2015 (% share) Sales growth (...
16 September 2015
The Co-operative is progressing well with its 'rebuild' strategy and aims to be the UK's number one convenience retailer by 2017. Here we explore some of the related opportunities for suppliers. 1. Work with the Co-operative to boost local impact A store in every postcode, a smaller format focus and strong community credentials provide a great platform to be locally relevant. The retaile...