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The Co-op news and analysis – Page 77
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NewsCo-op lobbies MPs to back marine reserves call
The Co-operative Group is to write to every MP in the country highlighting the need to include a mechanism for creating marine reserves in the draft Marine Bill.
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Facelift for the first Scots supermarket
Scotland's first supermarket, which opened its doors 50 years ago, has received a £550,000 facelift.Scotmid Co-op has refurbished the store, in Leven Street, Edinburgh, as part of its programme to modernise its 130-strong estate.The...
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Nine stores sold by Co-op to Costcutter
Costcutter has bought nine stores from The Co-op Group in the south east of England, which will be converted to its fascia and leased to independents."Costcutter already has a good presence in the south east and the acquisition of these...
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Co-op tells suppliers it wants improved terms
The Co-operative Group is flexing its new-found muscles following its acquisition of Somerfield by demanding backdated trading terms from suppliers.The Grocer has learnt that the society sent an email to suppliers last week asking them to...
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Asda sizes down with Co-op buys
Asda is set to open three of its smallest-ever stores after buying them from The Co-operative Group, which has been forced by the OFT to shed 133 stores following its acquisition of Somerfield. The stores - located at Wellington in Somerset,...
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Once upon a time in the East
The East of England Co-operative is decking out its stores with new deli counters, food ranges and graphics but not The Co-operative Group fascia. Beth Phillips finds out why
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The Co-op's Simply Value range replaces 'neglected' Everyday
The Co-operative Group's value range Everyday is set to disappear in the next few months, the society has confirmed. Last September, The Co-op Group food retail MD Tim Hurrell said the range had been "neglected" and it was planning to use the...
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Profits up 49% to £9.1m at Scotmid Co-op
The resurgence of the co-operative movement continued this week with Scotmid Co-operative Society, the UK's fourth-biggest co-op, reporting a 49% jump in profits.Pre-tax profits rose from £6.1m to £9.1m for the year to 31 January on sales up...
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NewsSoup in a Bun failure was down to Tesco, says TV show winner
Southern Co-op is in talks to stock Soup in a Bun after the TV show-winning innovation was delisted by Tesco.
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Row breaks out as Co-op Group and Spar ads use same slogan
A row has erupted after The Co-operative Group adopted an advertising slogan that is also used by Spar.The Co-op Group's latest TV ad promotes salmon, potatoes and green beans with a voiceover that says: "Dinner for two for under five pounds...
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Record-breaking full-year profits for Midcounties Co-op
The resurgence of the co-operative movement continued this week, with Midcounties Co-op, the UK's second-largest co-op, reporting record-breaking full-year profits. Midcounties' trading profits for the year to January rose 35% to £16.2m, with...
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Pattison takes reins as MD Connell leaves Appleby Westward
John Pattison is taking over from Ian Connell as Appleby Westward's managing director.The former retail managing director for Somerfield's west division takes the reins from Connell, who is retiring from the Spar wholesaler after nine years...
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Merger 'not spurred by pension fund hole'
Douglas Fletcher, CEO of Plymouth & South West Co-op, has poured cold water on speculation that the society had proposed a merger with The Co-operative Group to shore up a £17.4m deficit in its pension fund.Plymouth & South West Co-op, which...
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NewsSecond Opinion: Looking good on the big screen
The Co-op Group's advert combines individuality with public perception, says Joanna Blythman
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Ethical approach puts Co-op on IGD's elite list of retailers
It takes a certain type of retailer to thrive in a downturn and that's what makes IGD's 10 to watch in 2009 list so interesting. Nick Hughes reports
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Plymouth & South West Co-op to merge with The Co-operative Group
Plymouth & South West Co-operative Society has become the latest regional society to join forces with the might of The Co-operative Group.
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Mini Moo milk targeted at vending and c-stores
Milk Link plans to capitalise on the growing popularity of flavoured milk by launching into the convenience and vending markets.The dairy co-op has signed a licensing agreement with convenience specialist The Clever Little Drinks Company...
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Mason exits post Co-op deal... but Cleland stays
The Co-operative Group has kept on two Somerfield directors following the completion of its £1.57bn acquisition of the supermarket chain this week - but a raft of others have now left the business.Retail director John Cleland will stay on...
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Wind of change
The Co-operative Group's completed £1.57bn acquisition of Somerfield shows the co-op movement is once again a force to be reckoned with. But how will the deal affect the other societies? And does further consolidation lie ahead? Beth Phillips reports
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Sainsbury’s swoops for Somerfield store acquisitions
Sainsbury’s has announced the acquisition of two dozen stores from The Co-operative Group in the latest deal to result from the Somerfield takeover.