Co-op news

Bestway Wholesale has announced it has agreed a deal to acquire Costcutter Supermarkets Group (CSG) from Bibby Line Group for an undisclosed amount. Taking annual turnover to nearly £3bn The acquisition, which will complete on approval from the Financial Conduct Authority (FCA), will see Bestway Wholesale’s turnover reach almost £3bn. It will also take the symbol, franchise, and company sto...

Co-op has announced plans to replace its entire fleet of fossil-powered home delivery vans with electric versions. 200 diesel vans phased out by 2025 The move indicates Co-op’s commitment to accelerate zero emissions deliveries and reduce its total greenhouse gas emissions by half by 2025. The retailer intends to use initially Renault Kangoo EVs. However, the choice of model might change...

Lidl, B&M and Amazon have become the latest retailers to repay business rates relief received from the UK government and devolved administrations during the pandemic. The announcements follow the decision by Tesco to repay the relief last week and subsequent moves from Sainsbury’s, Asda, Morrisons and Aldi . In total the relief set to be repaid by grocery retailers has now reached £1.9bn. L...

Co-op is expanding its use of autonomous home delivery by rolling out the service to shoppers in Northampton. The retailer says has it has ambitions to use as many as 300 robots by the end of 2021 as it looks for more towns and cities in which to operate autonomous deliveries The autonomous service will serve around 5,000 Northampton households with contactless deliveries. Initially deliveries...

Leading UK convenience retailer Co-op is partnering with Shrewsbury-based delivery specialist Zoom! 1HR to extend its online grocery ordering service to many smaller towns across both Wales and the English counties of Worcestershire, Herefordshire and Shropshire.  Initially launching through 55 stores this month, the partnership is planned to be extended to some 200 more Co-op sites during 2021. ...

Co-op has partnered with same-day home delivery specialists, Gophr, to further expand the roll-out of its online shop in Scotland and increase the number of slots available for shoppers. The new partnership will initially go live with six Co-op stores in Glasgow this month, before rolling out to more than 50 stores in towns and cities across Scotland over the coming weeks, making thousands mor...

Co-op is investing £50m in lowering prices of everyday products and introducing a value range to help customers shopping on a budget.   The news comes two weeks after Co-op relaunched its membership offering through which top spending customers can save 150% more than the previous scheme according to Co-op calculations. Lower prices on everyday essentials From this week, prices on o...

Co-op has revamped its membership scheme, including offering more personalised offers with the aim of providing more value to new and existing customers. 150% more savings for top spending customers Co-op said that its top spending customers are now able to save almost 150% more with the new membership scheme. This amounts to a total of £187.98 a year, achieved through utilising the biggest...

Co-op have announced interim results for the first half of 2020* showing a 7.6% increase on last year.  This puts the retailer ahead of the forecasted 6.8% growth for the total UK food and grocery market in 2020 according to IGD's lastest channel forecasts . * 26 weeks to 4 July 2020 Highlights Revenue up 7.6%, driven by food and wholesale businesses Significant increase in co...

Co-op will open more than three stores each week until December as plans to serve new neighbourhoods accelerate. The convenience retailer will launch over 65 stores new and extended stores, with more than 100 further outlets receiving major makeovers as part of a £130M store investment programme creating up to 1,000 local jobs – this is in addition to the more than 1,000 permanent roles that c...