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The Co-op news and analysis – Page 78
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News
Co-op Group completes Somerfield acquisition
The Co-operative Group has completed its £1.57bn acquisition of Somerfield.
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Somerfield's Monk leaves for Poundland
Andy Monk has become the first Somerfield director to leave the chain ahead of an expected management shake-up when it officially becomes part of The Co-operative Group next week.Monk, who was director of distribution operations, has...
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NewsCo-op says it is right to push ethics over price
The Co-operative Group has insisted its epic advert trumpeting its ethical credentials is not out of touch with shoppers. Despite the big four pushing low prices in their advertising as the recession worsens, The Co-op Group's two-and-a-half...
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NewsCritical Eye... on the Co-op's answer to Heaven's Gate
As fevered anticipation goes, it wasn’t quite up there with the prospect of seeing Javier Bardem strut his stuff in Vicky Cristina Barcelona. But I was expecting something special of The Co-operative Group’s new ethical TV ad campaign – especially...
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Tesco snaps up Somerfield six
Tesco has secured a deal to take over six stores from Somerfield.
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Co-op unveils new products and promos for Fairtrade Fortnight
The Co-operative Group is launching a host of new products and promotions to coincide with Fairtrade Fortnight, which starts on 23 February. The society is adding two new wines to its Fairtrade offering - a Chilean Fairtrade Rosé and an...
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NewsAdvertising: Co-op and Aldi are of like minds
Interesting parallels can be drawn between recent advertising from The Co-operative Group and Aldi, says Richard Hemmings
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Co-operative bans chemicals as it aims to save British bees
The Co-operative Group has launched a major campaign this week to understand – and reverse – the devastating decline in the British honeybee colony. Under its new 10-point Plan Bee, The Co-operative Group will make a donation of £150,000...
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Somerfield reports sales growth of 3.7% for Christmas period
Somerfield has emerged as a surprise Christmas winner, posting like-for-like sales growth of 3.7% in the three weeks to 3 January. The figure, which is well ahead of Tesco's 2.5% growth, comes despite a smaller marketing budget than its...
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Co-op secures sale of 90 Somerfield stores
Waitrose and Tesco are among a host of retailers that have snapped up stores from the Co-operative Group following its £1.57bn acquisition of Somerfield.
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Co-op switches pork to Hampshire breed
The Co-operative has switched supply of its Truly Irresistible pork range to meat from Hampshire-breed pigs raised on higher-welfare farms.All fresh pork, bacon and sausages in the retailer's premium own-brand range is now sourced from...
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Co-op talks to OFT over Lothian deal
The OFT launched a consultation this week into whether The Co-operative Group's merger with Lothian Borders & Angus Co-op would reduce competition - in a move that could force the society to sell off yet more stores. The OFT said it would...
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Somerfield reports turnaround
Somerfield has unveiled a massive turnaround in sales and debt as it prepares to be swallowed by the Co-operative Group.
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Tchibo cancels supermarket concessions
Coffee-to-clothing retailer Tchibo is to scrap its concessions in Sainsbury's and Somerfield. The German chain has around 100 concessions in the supermarkets, but said it would end its association with Sainsbury's and Somerfield by the end of 2009...
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Morrisons gets 38 Co-op Group stores
Morrisons has become the first retailer to take on stores from The Co-operative Group following its purchase of Somerfield.Morrisons has snapped up 38 stores for £223m, it revealed this week, as it announced an 8.1% rise in like-for-like...
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Marks: sell-off averted referral to commission
The OFT's decision not to refer The Co-operative Group's £1.57bn acquisition of Somerfield to the Competition Commission rested on a knife edge, Co-op CEO Peter Marks has revealed.Speaking at the society's half-yearly membership meeting in...
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Co-op ordered to sell another seven stores
The Co-operative Group must sell seven more stores, on top of the 126 already earmarked for sale, to complete its £1.57bn acquisition of Somerfield.The OFT cleared the deal to create the UK's fifth-largest supermarket in October but ruled...
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Unicorn enjoys fresh success
The Unicorn Grocery co-operative is as far removed from a standard co-op grocery store as you can get. Julia Taylor finds out more about the store that says no to Nestlé
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English apples boosted by supermarket support
Sainsbury's, Morrisons and the Co-op have all been praised for their support of English apples at the start of the 2008/09 season.The three retailers had all invested heavily in TV campaigns urging shoppers to buy English apples, according...
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Sites affected by Somerfield deal identified
Details have emerged of the location of some of the 126 stores The Co-operative Group has to sell in order to complete its £1.57bn acquisition of Somerfield.Seventeen are in Scotland, including one in Wick, which has a Co-op store and a...