The Co-op news and analysis – Page 60
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Comment & OpinionA brave new agm for The Co-op this weekend
With Leighton and Pennycook fighting on several fronts, The Co-op’s Manchester agm is a crucial one
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NewsThe Co-operative Group sells six stores and closes another
Vowing to ditch its larger stores to focus on convenience, the society last month revealed it had sold 37 larger stores in the year to 3 January
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NewsLincolnshire Co-op says profits up £1m, pays out £2.2m dividend
The society said sales in the six months to March were boosted by its Love Local range of products from local suppliers, which increased sales by 22%
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NewsThe Co-op Group cools Fairtrade ambitions in new policy
A motion for the group’s upcoming agm called on The Co-op to recommit to leadership on Fairtrade by increasing availability of Fairtrade products in stores
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NewsCo-operating profit: Pennycook and Leighton take the first step
The Co-operative Group’s 2014 full-year results were released today, and though there was nothing as eye-catching as last year’s staggering £2.5bn loss, there were still plenty of interesting nuggets
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NewsHazel Blears bids for Co-op Group position
The society is looking to elect three member directors as part of its corporate governance reforms and new-look board
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NewsThe Co-operative Group reports improved results on back of disposals
Underlying operating profits rose 1.5% to £251m thanks to the society’s ongoing True North strategy which saw it make cost savings of £93m
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NewsOnly half of Co-op members will be eligible to vote at agm
To be able to vote, members must have spent either £250 or more in its food, travel, e-store or pharmacy business
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NewsScotmid and Seaton Valley co-ops to merge
Scotmid is Scotland’s largest co-op and has 350 stores, while Seaton Valley has five stores in Northumberland and Tyne & Wear
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NewsNew Co-op family-centred ad focuses on errand nostalgia
It depicts a boy sent to his local Co-op store on his bike by his mum to buy some hot cross buns
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NewsCo-op launches own-label Easter eggs with dedicated website
The Co-op’s three eggs are Loved by us Popping Candy egg, Loved by us Popcorn egg and Loved by us Buttonscotch egg
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NewsCo-op staff welcome 8.5% pay rise proposal
The proposal is worth in excess of £85m a year and will see minimum pay rates for a full-time employee increase
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Comment & OpinionCan competitors afford to follow Co-op's lead and raise wages?
Political pressure is being exerted on major employers to significantly raise the wages of their lowest-paid workers
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NewsCo-operative Food to offer 10% discount on groceries for NUS Apprentice cardholders
Money raised from the card will fund The National Society of Apprentices which represents the needs and welfare of apprentices and vocational learners
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NewsCo-op Group appoints Ian Ellis as new CFO
Ellis joins from Wilko, and has previously been head of finance at Morrisons and held a senior finance role at Northern Foods
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NewsCo-operative Party campaigns to keep financial support from The Co-op Group
Co-op Group puts support to AGM vote after poll reveals lack of awareness and support for group’s donations
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Comment & OpinionImpressive new board is a Co-op coup
The governance reforms that have swept Pennycook and Leighton into the Co-op are just the tonic
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InterviewsAllan Leighton: Exclusive interview with the new chairman of Co-op
Our editor Adam Leyland gets an exclusive interview with Allan Leighton covering the chairman’s thoughts on the business, Ursula Lidbetter and his role
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News
Leighton, working pro bono, returns to his roots as chairman of Co-op
Leighton, whose father ran a Co-op store, was long rumoured for the role
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NewsMidcounties Co-operative names Phil Ponsonby as new group GM
He will be tasked with driving the growth of Midcounties Co-op’s 232 food stores, including developing the offer of its larger stores