Coop Schweiz news

Its retail sales have grown to CHF19.6 bn (€18.8 bn) in 2021, up 2.6% on 2020. Wholesale driving growth Sales in the wholesale and production division were up 8.4% to CHF13.4 bn (€12.9 bn), with the Transgourmet business performing particularly well. Sales in the supermarket channel were roughly in line with last year, at CHF12.1 bn for the year (€11.6 bn), including the online grocery busi...

Trade publication Lebensmittel Zeitung has reported that Edeka is to leave the AgeCore buying alliance. The step follows its establishment of the Everest alliance with Netherlands-based, pureplay retailer Picnic. Short term uncertainty likely to be resolved in 2021 Although Edeka’s departure has not been completed, as talks are on-going about the sale of its shares, if it is confirmed i...

At a group level, Coop Switzerland reported sales fell by 0.2% to CHF30.2 bn (US$34.4 bn), with its performance held back by its specialist formats. Its grocery formats, though, saw strong growth, as shoppers changed where they bought food and cooked more at home due to the pandemic. Grocery formats see strong growth… Coop reported record sales growth at its supermarkets, at 14.4%, in 2020....

Lidl Italia expanded its Myfood partnership to implement the scheme in more stores in new locations. Meanwhile, Coop Sweden revealed new targets to reduce its food waste. Separately, Coop Switzerland plans to use hydrogen powered lorries in its supply chain. Lidl Italia expands coverage for Myfoody app Lidl Italia first partnered with Myfoody in September 2019, which launched in 55 stores i...

We share some of the findings from our recent report Food-to-go: small formats from across Europe to learn from , with a focus on one market that may to some be a surprising hotbed of format innovation. Leading retailers have been keen to diversify Switzerland is a food retail market that is characterised by two key retailers, Migros and Coop Schweiz. Both have and established track record...

As Coop Switzerland and Migros announce new concepts and other initiatives, we round up news from the market. Coop Schweiz launches ‘FOOBY’ store concept As retailers across Europe look to target shoppers in new and innovative ways, Coop Schweiz has launched a new concept in the country, in Lausanne, under the ‘FOOBY’ banner. The concept focuses on gourmet and regional foods, while also spo...

Coop Switzerland has announced its 2018 revenues surpassed the CHF30bn (€26.7bn) mark for the first time. Across its businesses, net turnover rose by 5% in FY2018. The retailer will officially announce its results on 19 February 2019. Retail and wholesale performing well In the retail business, net income increased by 2% to reach CHF17.8bn (€15.8bn). Coop’s supermarkets saw their traffic in...

Ahead of our Food-to-go Summit on November 8, where one of the key themes will be future food-to-go formats, we take a look at some of the retail formats across Europe that are leading the way  in how they see the opportunity for food-to-go. 1. Franprix and Franprix noé, Paris – creating the next generation premium convenience store Casino owned Franprix has long been a feature on the pre...

Heumilch or hay milk , is Coop’s new private label range. It features various Swiss milk products, all from cows who have grazed on meadows in the summer and have fed on sun-dried hay in the winter. The products Good from the ground up: Swiss milk products in hay milk quality (Source: Coop). Source: Coop The cows are reared to high animal welfa...

Turnover for the company was CHF 29.2bn (€24.9bn), up 3% on 2016. Strong performance Coop Schweiz saw sales grow by 1.4% in its retail business, with specialist formats growing their net income by 2.8% and home electronics increasing sales to over CHF 2bn (€1.7bn). The wholesale business performed particularly well, with sales increasing by 6%. Sustainability is also on the increase, with s...