Co-op news

19 September 2013
Linking with the launch of 'Loved by Us', The Co-operative has launched a new TV campaign to promote own brand products. Targeting younger shoppers The two sets of ads feature a young couple pretending that the own brand products they serve up are products they have created from scratch. In the first ad the woman passes off the Truly Irresistible beef stroganoff she serves to her partner as ...
13 September 2013
The Co-operative Group has agreed a deal with the National Union of Students to offer a 10% discount on grocery products for holders of the NUS Extra card at more than 3,600 participating Co-operative food stores across the UK. First of its kind The promotion has also been adopted by some of the regional Co-operatives including Anglia, Midcounties, Midlands, Scotmid and Sourthern Co-operati...
10 September 2013
The Co-operative has made two major enhancements to its own brand ranges, including the rollout of its first 'Loved by Us' lines. Chilled ready meals range about to launch On September 16th, the Co-operative will completely relaunch its chilled ready meals offer with 47 new lines added to the range and improvements made to 80 existing lines. The Co-operative says the lines have been benchmarked...
29 August 2013
In a challenging trading environment, The Co-operative has reported like-for-like sales in its food business for the six months to 6 July 2013 fell by 1.1%, with sales down 0.4% year-on-year to £3.6bn. At a group level, revenue fell 1% to £5.8bn.  Investing in infrastructure and pricing Weather has also impacted sales across the first and second quarters at The Co-operative , with LFL sal...
29 August 2013
Following the release of The Co-operative's first half trading figures , we look at how food CEO Steve Murrells has put the foundations in place for a renewal of the business. 1. Aligning store formats with customer missions With the majority of its stores in the convenience sector, The Co-operative's sales are concentrated in a fast growing but increasingly competitive channel. The ex...
28 August 2013
The latest data from Kantar Worldpanel for the 12 weeks to 18 August 2013 shows that growth in the UK grocery market sped up to 4.1% in this latest period, boosted by the impact of the hot summer weather that took hold in mid-July. The Kantar measure of inflation remained steady at 3.9%, indicating that the market also saw marginal volume growth over the three months. 12 we...
23 August 2013
In Press interviews Steve Murrells, chief executive of The Co-operative's food business has revealed the retailer is set to trial a number of online delivery models before Christmas, bringing the group into the £6.5bn online grocery market for the first time. Four offers to be trialled With the online grocery market set to grow by over 120% to £14.6bn by 2018, The Co-operative is keen ...
05 August 2013
The Co-operative has announced a major overhaul of its standard private label tier, which will be renamed "Loved by us". 700 lines relaunched by Christmas The "Loved by us" branding will initially launch in stores in September, covering food-to-go, ready meals, pies and pizzas. The Co-operative plans to have reintroduced 700 lines by Christmas, with the remaining 1,800 standard tier ra...
31 July 2013
The Co-operative has joined the Which? Price It Right scheme along with Aldi and Waitrose, following Morrisons who committed to the voluntary campaign when it initially launched. Improving read across The Price It Right campaign is designed to improve price transparency, making it easier for shoppers to compare prices across stores. Participating retailers will commit to displaying a consi...
24 July 2013
The Co-operative has again strengthened its management team, with the appointment of former Tesco executive Michael Fletcher as the new trading director for its food business. A range of experience from Tesco Michael Fletcher is joining The Co-operative after 22 years at Tesco, where he held a variety of roles including commercial director for Tesco Malaysia and most recently commercia...