Co-op news

09 January 2014
A polarisation in performance is the clear trend revealed in this week’s Christmas trading results, with shoppers favouring clearly positioned premium or value oriented retailers. Shoppers also opted to spend more online and at convenience stores, pressurising the performance of larger format stores. Here we present our initial summary of Christmas trends and predictions for 2014. Key tre...
08 January 2014
The Co-operative has reported encouraging results in its food business for the 13 week period to the 4 January 2014. Convenience delivers strong festive growth Over the 13 week period like-for-like sales in the food business were up 1%, up from 0.3% for the corresponding period last year. This growth was driven by the retailer's convenience estate which delivered LFL sales of 3.2%. Total food ...
02 January 2014
The Co-operative Food has announced it is offering customers up to 25% off their shopping and is also supporting the government's Change4Life campaign. Voucher based promotion The Co-operative has launched its most generous national promotion to date, rewarding shoppers who spend £20 or more with a coupon worth £5 off their next £20 shop. The retailer has announced the offer will run until the...
19 December 2013
The second half of 2013 has brought major changes to several retailers' senior teams. Here we summarise the most significant. Morrisons: Building the digital leadership team With less than a month until its online debut Morrisons has been strengthening its leadership team Following the announcement of Morrisons tie-up with Ocado, Mark Harrison, group retail director, and Martyn Fletc...
28 November 2013
The Co-operative Food has begun the launch of its online grocery service, with the introduction of click & collect groceries at its Marple store in Stockport, according to press reports. Soft launch ahead of rollout to customers Commenting on the move, a Co-operative spokeswoman said: “The soft launch is aimed at Marple store staff and is due to launch later this week. Once this is evaluat...
26 November 2013
Latest market figures from Nielsen indicate that sales growth amongst the UK's leading supermarket chains slowed to 1.7% in the 12 weeks to 9 November, marginally down on 1.8% seen in the previously reported period to 12 October.  In volume terms Nielsen data indicates a decline of 1.7%. 'Late' Christmas expected While some commentators point to improving signs in the UK economy, factors suc...
19 November 2013
Figures from Kantar Worldpanel for the 12 weeks to 10 November 2013 indicate that the UK grocery retail market grew by 3.2% in this latest three month period.  While the Kantar measure of inflation fell back to 3.7%, suggesting a slowing of price increases, this remains ahead of the market meaning that sector volumes are unlikely to be growing. 12 weeks to 11 November 2012 (% ...
14 November 2013
As the major players launch their festive TV campaigns, we look at the contrasting approaches to communicating their strengths this Christmas. Tesco: highlighting 'genuine' Christmas moments Tesco's campaign tells the story of a family's Christmases over six decades through the prism of home movie clips and uses the strapline "There's nothing better than Christmas" . The 90 second ad, produc...
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 ...