The Co-op news and analysis – Page 94
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ScotMid Co-op writes off c-store acquisition goodwill
ScotMid Co-operative Society has written off a multi-million pound sum related to the purchase of convenience chain Morning Noon &Night. The Edinburgh-based society reported an operating surplus of £1.1m for the year to...
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Waitrose plans rapid refits for new stores
Waitrose has kicked off its most ambitious conversion programme to date, with the five stores it bought from Somerfield in March set for rapid turnarounds. The two London stores in the package were handed over to Waitrose last...
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Vox Shop: Matthew Langley, Bottlegreen Drinks; John Place, Somerfield
Soft drinks market is growing up with focus on health and entertaining... prizes await manufacturers who back key brands. Matthew Langley Bottlegreen Drinks Co marketing manager The soft drinks category in the UK is among retail's most...
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Somerfield sharpens up
Somerfield's new trading team is already making a big impact following a series of price cuts to refocus its value position. When former Asda boss Paul Mason and former Tesco grocery trading director Colin Smith joined Somerfield...
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Campaign to impress with cress
British salad cress and mustard & cress are to be given a major push by one of the UK's leading growers in a bid to reverse falling sales. Humber VHB, which supplies cress to Tesco, Sainsbury, Somerfield and Waitrose, is...
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National Co-op won't happen for years
from Colin Richell, member, The Co-operative Group. Sir; I have been very interested to read the various articles in your magazine recently about the co-operative movement's ideas about retailing unity and in fact I have written a...
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United Co-op bolsters top team
United Co-operative's Food Group has strengthened its senior management team in north-west England with the promotion of Karl Ward and David Brighouse to the positions of group managers. In new roles for the company, Ward will...
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Co-op links with police to fight antisocial behaviour
A co-operative society is taking steps to eradicate antisocial behaviour with the introduction of an anti-crime partnership project in Yapton, West Sussex. By joining forces with Sussex Police and Yapton Parish Council, Southern...
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In a league of their own
Buyers from supermarkets, wholesalers, co-ops and symbol groups have named the suppliers they admire most in our Own Label Suppliers Survey. Alison Clements reports. The outcome of this year's Own Label Suppliers Survey confirms that...
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ConAgra targets UK in bid to expand its global sales
ConAgra, one of the largest food companies in the US, has the UK in its sights as part of its international expansion. Orville Redenbacher microwaveable popcorn has been launched into Morrisons and the Co-operative Group. The...
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can there be a single one?
One of the first things new reporters on this magazine are taught (usually by me, with an accompanying sigh) is that there is no such thing as The Co-op. The thing is, I tell them, there are lots of different co-operative societies...
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Can there be only one?
Will a single, merged national identity for the co-ops solve the movement's troubles? James Durston reportsIt has been in existence since 1844, runs more stores than any other retailer in the UK and owns one of the bestselling own...
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Somerfield reviews ads
Somerfield has frozen all its TV advertising as it reviews its marketing strategy ahead of the launch of a completely fresh campaign in May.The review is part of an overhaul of the entire business in the wake of its takeover by...
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Somerfield succeeds in cutting checkout times
Somerfield appears to be gaining ground in the customer service arena. Figures from The Grocer 33 weekly shopping survey show that the retailer has managed to slash the average time that a customer spends at the checkout to five minutes and 30...
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Quite simply, a new dawn
The newly appointed MD of Kwik Save, Paul Niklas, has exclusively revealed to The Grocer his plans for the 171 stores bought from Somerfield for an undisclosed sum this week by acquisition vehicle Back to the Future.The strategy will revolve...
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FGP push is ‘a mistake’
Julian Hunt & Rod AddySomerfield has been warned that it would be making a huge mistake if it pursues plans to push a factory gate pricing initiative for ambient goods. The warning follows industry reports of a concerted campaign by...
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Cereal that has a happy ending
Somerfield is not the place to go if you are worried about your regular cereal purchase being out of stock, according to the latest analysis of the category for Stockwatch.The cereals market is extremely active with a sku count on average of...
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Offers highlight Italian wine diversity
The Co-operative Group is planning to draw attention to the diversity of the Italian wine category by offering promotions on selected wines throughout the rest of this month.Due to run from February 13 to March 5, the initiative will offer...
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Bickerstaffe takes the MD chair at Kwik Save
Management changes at Somerfield picked up pace this week with news that Katie Bickerstaffe, the supermarket chain’s group retail director, is to become managing director for Kwik Save.The reshuffle follows the appointment of DIY chain...