Retailers/Co-op/News

Co-op news

12 November 2013
It has been revealed that Waitrose will further boost its presence in the south of England with the purchase of seven of the Co-operative Group's remaining larger supermarkets in a range of locations from Kent to Devon, representing a total of some 134,000 sq ft of sales space.  The stores are scheduled to pass to Waitrose ownership in February/March 2014 and will undergo a three-week conversion p...
11 November 2013
It has been announced that The Co-operative Group is to spend hundreds of millions of pounds redeveloping its food stores whilst also changing its Christmas dividend. Food is at the heart of the business Euan Sutherland, Chief Executive of The Co-operative Group has announced the food retail business is at the heart of the group's strategy. However, he also acknowledged that amid weak sales ...
01 November 2013
The Co-operative has today launched its Christmas marketing campaign which focuses on the retailer's local strengths and its improved and extended festive food range. Focus on localness and new ranges Using the strapline "Relax, Christmas is just around the corner" the advertisements highlight the retailer's convenient store locations as well as showcasing its festive food offer, including pro...
31 October 2013
Emily O’Neill looks at three private label trends that are shaping global strategies. In many markets, shoppers‘ attitudes towards private label ranges have changed dramatically over the past five years, and retailers are increasingly using their private label strategy as a key tool to differentiate their offer and build brand identity. 1. Interacting with shoppers Retailers are ...
29 October 2013
Our Shopper insight manager, Michael Freedman, looks at how the convenience store of the future could be very different and help shoppers fulfil more missions. Untitled 1 Convenience in a multichannel world As IGD’s shopper insight expert on the convenience channel, I am often asked how convenience store shoppers differ to main supermarket shoppers. The answer is simple - they are ...
22 October 2013
Figures from Kantar Worldpanel for the 12 weeks to 13 October 2013 shows that the UK grocery market has slowed appreciably in the Autumn months, with growth in the latest period down to 3.0% from 4.2% in the three months to 15 September.  Meantime the Kantar measure of inflation remained stable on 4.2%, indicating the market volumes are coming under pressure once more. 12 ...
17 October 2013
Q3 2013 has brought important changes to several retailers' senior teams. Here we summarise the most significant Tesco: New blood to drive UK performance As Tesco works hard to strengthen its UK performance, it has made a number of changes to its board: Carolyn Bradley, group brand director, is the latest in a string of high profile departures, after 27 years at the retailer. As part ...
08 October 2013
Speaking at this week's IGD Convention, Steve Murrells, Food Retail Chief  Executive, The Co-operative Group spoke of how the industry needs to engage  better with the younger generation. A generation facing distinct challenges Murrells focused specifically on the UK's nine million under 24s, 20% of whom are not in work, well above the 7.7% national average, and those that have jobs are oft...
08 October 2013
At this week's IGD Convention, chief executive Joanne Denney-Finch spoke of how  the industry can adapt to take trust to new levels. An opportunity in sourcing, as shopper expectations rise Joanne spoke of a growing number of shoppers who want to know where their food comes from, up from 34% to 56% in the past two years, according to IGD ShopperVista insight. But only 12% felt they wer...
27 September 2013
As the IGD convention approaches, five of our analysts give their choices of their most anticipated speaker on the day. Emily O'Neill, Business Analyst: Fiona Dawson, Mars 'Fiona Dawson is a woman at the top of her game; not just the President of Mars Chocolate UK, but now the president of IGD to boot (and let’s not forget she met the Queen earlier this year!). An intelligent, charismat...