Regional co-operative retailers Southern and Midcounties Co-op have announced their Christmas results.
In the four weeks to 29th December, like-for-like sales at Southern Co-op increased by 4.7%. At Midcounties Co-op, like-for-like sales were up 3.3% in December.
Southern Co-op sees strong Christmas results
Southern Co-op reported a 4.7% increase in like-for-like sales in the four weeks to 29 December. The increase in sales was seen across core lines as well as seasonal food and drink. Mince pies, Co-op Irresistible snacks and festive bouquets were amongst the most popular products.
Mark Smith, Southern Co-op chief executive, commented: “Our teams across the business have worked hard to ensure that stores offer our communities a reliable place to pick up their essentials as well as those festive treats over the holiday period. We’re pleased with the sales growth over Christmas this year which builds on a solid sales performance through 2019. This reflects on going improvements in store operations and the growing popularity of the Co-op range of products we offer.”
Sales of locally-sourced products up at Midcounties Co-op
Midcounties Co-op, the largest independent co-operative in the UK, reported a 3.3% increase in like-for-like sales in December. The retailer offered an enhanced seasonal range, including a record number of locally-sourced products. Sales of its local ranges, consisting of over 150 locally-sourced food and drink products, were up 28% in the week leading up to Christmas Day compared to the previous year. The retailer also expanded its Christmas pre-order service to all eight of its larger format stores, allowing customers to pre-order locally-reared free range turkeys and meat boxes for collection in-store.
Rupert Newman, Midcounties Co-op’s chief retail officer, said: “Our excellent seasonal performance is a credit to the hard work of our colleagues & suppliers who worked so hard to provide our customers with the very best products and service during December. They include all of the valued suppliers that contribute to our Best of Our Counties range of locally and ethically-sourced food and drink products. Our stores offer a number of products that are sourced from within the store’s home or neighbouring county, which reduces food miles and means that our customers know exactly where their food comes from and how it has been produced.”