Co-op news

05 May 2020
The Co-op is rapidly accelerating its online expansion to more than double the number of stores planned as it adapts to changing shopper demands caused by the coronavirus crisis. The same-day service was initially trialled at a London store in March 2019, and by the end of 2019 had rolled out to 23 central London and Manchester hub stores.  In parallel, Co-op also developed its online de...
27 April 2020
Major UK convenience retailer Co-op has reported strong trading results for 2019, with total revenue up 7% and underlying profits up 50% like-for-like. The retailer’s results statement also included an update on how it is supporting customers and colleagues through the Coronavirus (COVID-19) crisis. Headline results FY2019, 52 weeks to 4th January 2020: Total revenue £10.9bn, +7% vs 2...
20 April 2020
In this article, updated daily, we summarise the latest responses to the Coronavirus (COVID-19) pandemic in the UK: Multiples update Morrisons offers 10% discount to NHS staff: From Thursday, NHS staff will be entitled to a 10% discount when shopping at the retailer's stores. The scheme will last until July 12th when it will be reviewed. This latest initiative follows on from Morrisons...
20 March 2020
Leading UK convenience retailer Co-op has announced it will create 5,000 new roles in a bid to provide temporary employment for workers being laid off in the hospitality industry.  The move, comes as the UK hospitality sector bears a significant impact from the Coronavirus (COVID-19) emergency as customers avoid restaurants, pubs and cafes in line with government advice. Recruitment procedure ...
19 March 2020
In a letter to customers, Co-op’s CEO Steve Murrells has explained how the retailer is responding to the coronavirus (COVID-19) situation and the role the business will play in supporting customers and colleagues. Key points: Food stores Staff are working round the clock to keep food stores stocked, clean and safe Investigating options to make sure the most vulnerable get the foo...
27 February 2020
Co-op has launched two new initiatives aligned to its sustainability and ethical trading values. New ad campaign showcasing recyclable packaging credentials  This week Co-op launched a new TV ad highlighting its recyclable pizza packaging.   In 2017 Co-op was the first retailer to introduce recyclable pizza packaging.  The ad, entitled Pizza and Plastics, highlights how Co-op uses corrug...
25 February 2020
Leading grocers have become the latest retailers to rent out parking spaces to non-customers at their car parks. Tesco and Morrisons join Sainsbury's and Co-op Spaces at all Morrisons and Tesco stores with large enough car parks will join the YourParkingSpace platform, according to press reports. Bays at 446 Morrisons sites and 98 Tesco stores can now be reserved and paid for using the app ...
04 February 2020
The UK’s Groceries Code Adjudicator (GCA), Christine Tacon, has today (4 February 2020) launched her annual survey, inviting suppliers to share their experiences of trading relationships with major retailers and highlight any issues they are facing. The survey has played a vital role in helping the GCA to achieve progress for suppliers, demonstrating where retailers efforts have improved Code ...
30 January 2020
Last week, Co-op opened its latest ‘on the go’ store in London’s Moorgate.  This store is the first to include a sushi range from Co-op’s new deal with Yo!.  We visited the store to see this and other developments. The ‘on the go’ format This is Co-op’s third ‘on-the-go’ store, following Manchester Piccadilly and London America Square.  All three are located in urban office areas, close to ...
07 January 2020
Newly released GB market data from Kantar reveals only marginal growth for the crucial Christmas quarter. Sales in the 12 weeks to December 29th grew by just 0.2%, the slowest rate over Christmas since 2015 and down from 0.5% in the 12 weeks to December 1st. This suggests that trading was particularly disappointing for the four weeks to December 29th. The weak trend is mirrored by Nielsen whic...