Co-op news

13 February 2019
The Co-op has announced plans to develop franchise stores, the first time the convenience retailer has licensed its brand to independent retailers. Franchise model Following successful trials that started last spring, Co-op is set to develop a network of franchise stores. The independent retailers will have access to Co-op’s own brand range, which is currently available in around 4,000 stor...
03 January 2019
Major UK convenience retailer, Co-op has confirmed plans to open 100 new food stores during 2019. Store investment programme The new stores will be part of a £200m store investment programme, that will also see it refit a further 200 existing stores over the 12 months, further building on Co-op’s convenience strategy to get closer to its members and customers. The store openings include ...
19 December 2018
Financial results posted with Companies House show that in the year to 1 April 2018, wholesale distributor, Nisa Retail had sales of £1,457m, an increase of over 16% on 2017.  Able to step into the breach left by the collapse of Palmer & Harvey in November 2017, Nisa benefited especially from gaining a short-term agreement to supply 1,024 Costcutter stores and 172 McColl's outlets.  This boosted ...
22 November 2018
Co-op is set to roll out fully compostable carrier bags to over 1,000 food stores. This comes after a trial in 22 of its Manchester stores earlier this year. Eliminating 60 million plastic carrier bags Co-op’s new compostable bags are priced at 5p, the same price as the conventional single-use plastic bags that they will replace. The move will see around 60 million plastic carrier bags elim...
07 November 2018
Co-op has announced plans for a new £45m distribution centre to support its ongoing growth. Delivering on store opening plans Co-op is currently on-track to open 100 new stores in 2018. The new facility, which will be in Bedfordshire’s Symmetry Park, Biggleswade, will support the retailer’s growth across London, the South, and the South East of England. Construction of the distribution cent...
01 November 2018
Co-op has opened a new concept store in Manchester Piccadilly station to cater for the growing trend in shoppers buying food 'on the go'. More focus on food-to-go The new-look 'On the go' store places increased focus on food ranges suitable for shoppers who want to grab breakfast, lunch or dinner on the go.  It features extended food ranges to appeal to health conscious consumers in...
25 October 2018
The Co-op has re-launched its in-store radio station with a service that allows retailers to select content relevant to the local area.  The new service, developed by Imagesound, replaces a 'one-size-fits-all' satellite transmission with a more targeted digital approach. Regional content Retailers will be able to select from a tailored music library including regional artists, as well as co...
27 September 2018
The Co-op has announced that it will stop using single-use carrier bags. 60 million plastic carrier bags will be removed in a phased roll-out and replaced with an environmentally friendly alternative. Lightweight compostable carrier bags, which can be used to carry shopping home and then be re-used as food waste caddy liners, will be rolled out to almost 1,400 Co-op food stores, initially in t...
25 September 2018
The Co-op has announced the acquisition of Dimec, a healthcare technology start-up.  The acquisition aims to enable Co-op to compete effectively in the UK healthcare market, a natural fit with Co-op’s existing business areas in food, insurance and later life. A technology-enabled healthcare platform Dimec has developed a digital solution that enables patients and GPs to interact and manage ...
14 September 2018
The Co-op has announced strong interim results for the first half of the year. Sales increased by 10% to £5 billion, whilst group profit increased by £12 million to £26 million. 18th consecutive quarter of LFL growth Food Retail like-for-like sales saw an increase of 4.4%, the 18th consecutive quarter of like-for-like sales growth. Total food sales were up 3%, now at £3.6 billion, tha...