The Co-op news and analysis – Page 78
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Other Movers 12/9/09
Richard Greenhalgh has announced his retirement as chairman of farmer-owned co-op First Milk. He will depart at the agm on 29 October. Last week The Grocer reported that Robert Shearlaw had quit as vice chairman.
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Co-op calls in suppliers to demand lower prices
The Co-operative Group is calling in suppliers to demand price reductions of up to 10% as it moves to consolidate its supply base.In May, the society sent an email to suppliers proposing an improvement in trading terms backdated to 1...
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Picture This... Co-op group and Variety Club join forces
Stand up comic Michael McIntyre has launched a new partnership between The Co-operative Group and the Variety Club of Great Britain. The Co-op Group will link up with the showbiz charity to promote the latter's Gold Heart badges in stores from early...
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Somerfield financial director Robson to move to Thorntons
Mark Robson has become the latest director to leave Somerfield following its acquisition by The Co-operative Group in March. Robson, who is finance director, will leave in the autumn to join confectionery retailer Thorntons as finance director....
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Wincanton axe falls on Somerfield RDC
The axe is set to fall on Somerfield's distribution centre in East Kilbride as part of the chain's integration into The Co-op Group.Logistics company Wincanton, which runs the site for the chain, is planning to close the site, affecting 200...
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The Co-op Group gets whipped by Waitrose in consumer survey
The Co-operative has emerged as the surprise loser in a major six-monthly customer service survey.The Institute of Customer Service asked a panel of 25,000 shoppers to score the major food retailers. They voted Waitrose the best food...
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Co-op to sell property to boost its cashflow
The Co-operative Group is aiming to raise £175m over the next three years by selling off unwanted property. The society, which has a vast property empire worth £1.69bn encompassing stores, farms and residential sites, said the capital raised...
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NewsBob blows back for Co-op with new TV run
The Co-operative has announced it is to bring back its high-profile ‘Blowin’ in the Wind’ TV commercial for a fresh three-week run.
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Tates reopens Somerfields as Eurospars
Spar retailer Tates has opened the first Eurospar stores on the British mainland this week in Nottingham and Sheffield.
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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...