Co-op news

13 November 2017
The 1,190 independent retailers that make up the shareholders of the Nisa buying and distribution consortium have voted in favour of the proposed purchase of the business by the Co-op Group, the UK's largest consumer co-operative. 76% to 24% in favour Despite reports of a potentially significant dissident vote against the deal, the proposal to sell the business gained the necessary super-ma...
10 October 2017
Following a month of exclusive talks, the UK's largest consumer co-operative, the Co-op Group has launched its bid to acquire the member-owned retail and wholesale group Nisa.  The deal puts the value of Nisa's full shareholding at £137.5m which, with associated costs of £5.5m, will result in a total payment of £143m by the Co-op.  If successful, this acquisition will establish the Co-op as a sig...
21 September 2017
Co-op Food has reported a highly encouraging set of interim results with further gains in LFL sales and an improvement in profitability in the 26 week period to 1 July 2017. +3.5% LFL growth LFL food sales rose by 3.5% reflecting 14 consecutive quarters of LFL growth, and core convenience LFL sales increased by 4.5% as Co-op pursued its True North goal of becoming the UK's leading convenien...
30 August 2017
Nisa, the leading buying consortium and distributor to the independent retail sector, has announced to its members that the Co-op now intends to launch a bid to acquire the business 'as quickly as possible'.  Press reports indicate the deal will value Nisa at £140m. Entering period of exclusivity Following the decision of Sainsbury's to step back from its plan to acquire Nisa, the Co-op has...
14 August 2017
Download our new infographic to discover the latest trends among Co-op shoppers that will help you get closer to the largest convenience retailer in the UK. Download infographic as PDF >> Download infographic as PDF >>
20 July 2017
Leading neighbourhood and convenience retailer the Co-operative Group has announced it is to roll-out its initiative to recruit local food and drink suppliers to supply nearby stores throughout the UK. Follows successful trial in Yorkshire The launch of the national programme comes in the wake of a pilot scheme established in Yorkshire, running since 2015.  Currently the Co-op's 250 stores ...
02 May 2017
The Co-op has announced that it will become the first national retailer to switch all of its fresh meat to British, by dropping Danish bacon and New Zealand lamb. Co-op stores to provide British bacon and lamb From today (02/05), Co-op stores will provide only fresh British bacon and lamb by removing Danish bacon and New Zealand lamb from its range. This is a significant move, with a tenth ...
20 April 2017
National UK co-operative convenience retailer, The Co-op has announced a food redistribution scheme to enhance the means by which its stores support local communities and good causes.  Following a trial at 60 of its stores the scheme is now to be rolled out nationally enabling all of the 2,500 towns and villages, where The Co-op has a store, to benefit.  It is estimated the scheme will donate 8,5...
06 April 2017
The Co-operative Group has today announced its full results for the 52 weeks ended 31 December 2016. Group revenue increased by 3% to £9.5bn (2015: £9.2bn) and operating profit up 32% to £148m (2015: £112m). Group highlights Food like-for-like sales rose 3.5%, driven by core convenience business, as Food continued to outperform the market Funeralcare revenues grew by 3% and market s...
16 February 2017
The Co-op are to create tailored local offerings in all of its 2,500 stores as part of a revamping of its total range in conjunction with the JDA Software Group. New opportunities for suppliers JDA, which has previously been involved with range andlayout changes at retailers including Asda, Sainsbury’s and Tesco, will use a combination of sales data, geographic and demographic data to bet...