The Co-op news and analysis – Page 92
-
News
Co-op to sell department store network
The Co-operative Group is selling off its 36-strong department store network.The Co-op said that it plans to exit the sector within the next two years and is in talks with Anglia Regional Co-operative Society, which is considering acquiring...
-
News
Retailers’ mixed reaction to OTM
Tesco plans to stock beef from cattle aged Over Thirty Months, Waitrose will not and Somerfield is mulling over the issue following the government’s decision to allow OTM beef back into the food chain.A Tesco spokesman said the multiple had...
-
News
Co-operation is the way forward
The co-ops need to consolidate, and co-operate more, if the movement is to prosper, says Fiona McLellandA new power in the co-operative movement is established today with the completion of the merger of Oxford, Swindon &...
-
News
The business of perfection
Liz Hamson gained a preview of the United Co-op/Unilever Perfect StoreAnd why stop at the physical store layout, asks Beetlestone: “What’s stopping us looking at internet shopping – recreating a much more believable and interesting...
-
News
Unity won’t cause divi confusion - Co-op
The Co-operative Group has denied claims that the plans to create a unified brand for the Co-operative Movement could add to customer confusion in its Dividend cards scheme.Different societies run their own schemes separately and a customer...
-
News
Evans is appointed MD of AF Blakemore & Son
Dennis Evans has been appointed managing director for Spar distribution business AF Blakemore & Son.Evans joins Blakemore from Somerfield, where he was regional director responsible for managing the retail operations of 132 stores in...
-
News
Co-op merger due
The pace of consolidation in the co-operative retail sector is increasing, with Ipswich & Norwich Co-op and Colchester & East Essex Co-op set to become the latest to merge.The move is scheduled for the end of next month, having been...
-
News
Baugur back in bidding?
Icelandic retail predator Baugur could still be set to sweep up some of Somerfield’s unwanted stores following a takeover, despite pulling out of the bidding war for the chain less than two months ago.That is the verdict of leading analysts...
-
News
Unified fascia revealed
The Co-operative Movement has launched the trial of a new look that is to unite all 42 co-operatives under one brand.As first revealed by The Grocer (August 13, p9), the clover leaf and fascias such as Co-op Welcome, Late Shop and Travelcare...
-
News
Somerfield must sell 12 stores
Somerfield must sell 12 of the 115 stores it acquired from Morrisons, the Competition Commission has concluded.In a statement released this morning, Christopher Clarke, chairman of the inquiry, said: “Following responses to our provisional...
-
News
Leaping to success
In an increasingly competitive market, skilled retailers and suppliers are finding it easier to switch between jobs, says Fiona McLellandGone are the days when a young boy would leave school, join the co-op as a shelf-stacker and...
-
News
United Mace is put in top gear
Palmer & Harvey McLane says it is on track to quadruple the size of its Mace symbol group in Scotland by next year.The UK’s largest wholesaler completed the deal to buy the Mace brand in Scotland from Somerfield last month and is now...
-
News
Feege to help growth of Somerfield fresh produce
John Feege has been named as the latest addition to Somerfield’s 11-strong fresh produce buying team.Feege is filling a post which has been vacant for two years, and will work as a category buyer for brassicas and legumes, reporting to Dominic...
-
News
Co-op gets local meat
Shropshire processor Embreys has secured a deal to supply locally produced beef, lamb and pork to five West Midlands Co-op stores – at Church Stretton, Copthorne, Radbrook Green, Wem and Bicton Heath.The stores began stocking supplies last...
-
News
So good for Sainsbury with Harvey on board
Sainsbury has snapped up former Somerfield meat buyer Tom Harvey to fill the role of chicken buyer. Harvey joins the retailer after two and a half years at Somerfield where he bought fish, poultry and red meat products.Starting as a fish...
-
News
Cider saves rare apples
The Co-op has launched a limited edition cider, which it claims has saved two rare apple varieties from extinction.Tillington Hills Premium Dry Reserve Cider is made from English apples grown on The Co-op’s own fruit farm at Tillington in...
-
News
Somerfield should ‘walk away’ from bid
Somerfield shareholders have urged the supermarket group to ‘walk away’ from any bids instead of accepting a cheap offer.Mark Webster from State Street Global Advisors, which owns a 3% stake in Somerfield, said: “It looks unlikely that the...
-
News
Custard boosts profit
Booming sales of custard helped boost dairy co-op Milk Link’s operating profits by 73% to £18.5m in the year to April 2.The company said custard production volumes rose 70% and were up 100% at Christmas. Milk Link produces custard in a joint...
-
News
Introducing a unified brand
The Co-operative Group has registered a logo with the UK Patent Office that is believed to be the co-operative movement’s new brand identity, The Grocer can reveal.‘The Co-operative’ logo was recently registered on the trademark database for...
-
News
Co-op offloads 100 stores
The Co-operative Group is to off-load 100 poorly performing stores as it tidies up its portfolio.Most of the stores being sold are from the former Alldays and Balfour chains, which the co-op bought in October 2002 and July 2003...