Co-op news

16 September 2021
Major national convenience retailer Co-op has set out its goal to more than double its sales through online platforms from £70m to £200m by the end of the current year. The key focuses for driving this growth are to be a new partnership with Amazon Prime and the roll-out of Starship autonomous vehicle deliveries to more areas. Amazon partnership to go national following Glasgow trial The sa...
16 September 2021
Leading UK convenience retailer Co-op has added a new format to its portfolio with the opening of its first 24-hour self-serve, cashless Micro Market. Located at the head office of British cleaning appliances manufacturer Numatic, the outlet offers the 1,000 staff access to Co-op own-label products such as food-to-go meal deals, breakfast items, milk, bread, ready meals as well drinks on the g...
16 September 2021
Leading national co-operative retailer, Co-op has reported its interim results for the first half of 2021 (26 weeks to 3 July) with sales in its convenience-led Food division (excluding fuel) down 2.8%. This expected decline comes amid a more normalized trading pattern in 2021, compared to the extraordinary surge in consumer demand seen in the early stages of the COVID-19 pandemic from March in 2...
14 September 2021
The GB market declined 1.9% on 2020 in the 12 weeks to 5 September, according to the latest results from Kantar. We look at key performances in more detail and highlight UK news you may have missed. Pandemic still having an effect COVID is clearly still having an impact on the market, with grocery spend 8.7% higher in the 12 weeks to 5 September than in 2019. However, the first week of Se...
08 September 2021
Co-op have announced a new partnership with The Original Factory Shop that will see 30 concessions open in larger Co-op stores over the next 15 months. The move forms part of Co-op’s work with partners to offer additional services in store and create a compelling offer for its communities, encouraging shoppers to visit more often. The concessions will sell The Original Factory Shop’s range ...
18 August 2021
The GB market declined 4% on 2020 in the 12 weeks to 8 August, according to the latest results from Kantar. In the latest four weeks, the sales decline was less, at 0.5%. More frequent shops, with smaller baskets continues Consumers have been steadily returning to pre-pandemic shopping habits, making smaller, but more frequent trips to the shops. Shoppers made an additional 108,000 trips...
22 July 2021
The GB grocery market declined by 5.1% on 2020 in the 12 weeks to July 11th, according to the latest results from Kantar as the whole period annualised against pandemic-elevated comparatives. Despite this impact and a less-than-expected boost from Euro 2020, sales remained £3bn higher than the same period of 2019, Limited boost from Euro 2020 With many shoppers taking advantage of newfound ...
15 July 2021
Co-op has revealed its recycling solution, aimed at confronting soft plastic, which cannot be recycled through local council bin collections. Co-op reveals large scale collection scheme The Co-op announced the launch of its in-store recycling collection scheme, which is aiming to collected soft plastics, including plastic bags and other product packaging. Co-op claims the initiative is the ...
30 June 2021
In its new UK channel forecasts report, IGD maps out its expectations of how the food and grocery sector will move on from last year’s exceptional expansion. IGD predicts that last year’s 8.5% growth will slow to 1.7% in 2021 and then to 0.9% in 2022, as shoppers economise and the foodservice sector reclaims sales. This sharp decline will be followed by a period of modest recovery, that wil...
23 June 2021
The GB market declined 1.6% in the 12 weeks to 13 June, according to the latest results from Kantar. Market growth declines but sales remain elevated This period saw restrictions ease further and the continuation of the vaccine programme rollout. However, as there has not been a complete return to normality this has created a mixed set of results. Despite the market declining, sales remaine...