Co-op news

31 August 2022
Co-op is to sell its estate of 129 fuel forecourt sites to Asda with a price tag of £600m.  As well as trading sites, the deal also includes three development locations.  The move comes as Co-op seeks to reduce its growing debt burden; reported at £920m in its latest annual accounts. Fuel forecourts a secondary focus for Co-op While fuel forecourts have never been a major plank of Co-op’s g...
23 August 2022
The Co-op has announced that Shirine Khoury-Haq, who was made interim CEO following the retirement of Steve Murrells in March this year, has now been appointed to the Group CEO role on a permanent basis. With Co-op since 2019 Shirine joined the Co-op Executive in August 2019 as Group Chief Financial Officer and then went on to become Chief Executive Officer of its Life Services division. Pr...
23 August 2022
Leading UK convenience retailer, Co-op is teaming up with delivery specialist Uber Eats with a new agreement to boost the availability of online shopping services from its stores. Through a phased roll-out beginning this week, the service will be accessible from 1,000 Co-op stores by the end of September. Uber Eats agreement to run alongside existing Deliveroo partnership As well as operati...
19 August 2022
As The Co-op extends its partnerships with Spring and Deliveroo, we round up developments from the retailer. Co-op and Spring collaborate for tech recycling The Co-op has expanded its partnership with Spring, as the companies look to help shoppers recycle old phones and other technology goods as they look to cut down on waste. The Co-op and Spring have been working together since October 20...
21 July 2022
As Sainsbury’s relaunches its ‘Great Fruit & Veg Challenge’ and M&S and The Co-op introduce new campaigns, we round up initiatives from UK-based retailers. Sainsbury’s ‘Great Fruit & Veg Challenge’ returns Sainsbury’s has brought back its ‘Great Big Fruit and Veg Challenge’ following its success over the last two years. The campaign will run from 18 July to 2 September, an extension of thre...
20 July 2022
National convenience retailer, Co-op along with Starship Technologies have announced a partnership with North Northamptonshire Council to operate an autonomous vehicle delivery service in three towns in its district. The service, launched on 14 July, now makes delivery via Starship’s ‘robot’ vehicles from local Co-op stores available to 45,000 residents across Wellingborough, Rushden and Higham F...
19 July 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates, in the 12-weeks to 10 July 2022, total till roll consumer spend in Great Britain rose, very slightly, by 0.1% versus 2021. The market’s growth in the 12-week period saw it return to positive territory for the first time since April 2021. Inflation reaches second highest level ever recorded by Kantar ...
19 July 2022
As M&S and The Co-op look to limit food waste and Sainsbury’s adapts one of its products to reduce plastic use, we round up three initiatives from the retailers. M&S removing best before dates from fruit and vegetables range Following a successful trial M&S is to remove best before dates from more than 300 fruit and vegetables SKUs, which the retailer says is 85% of its produce offer. The i...
28 June 2022
I made a quick stop at the Co-op store while at Glastonbury Festival to see how it has adapted its offer to attendees’ specific needs. The retailer has a long-standing presence at festivals since opening its first in 2018 as part of a partnership with event organiser Live Nation , with subsequent versions, including the one I visited, taking learnings from previous versions. Strong adaptati...
21 June 2022
The latest release from Kantar, based on data from its 30,000-strong shopper panel, indicates that in the 12-weeks to 12 June 2022 total till roll consumer spend in Great Britain fell by 1.9% versus 2021. While the market contracted over the 12-week period it was its best performance since October 2021 and the data showed it grew by 0.4% over the latest four-week timeframe. Inflation begins to...