All Co-operative Group articles – Page 7
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Retail Navigator Analysis
The Co-operative Food (Financials)
The Co-op reported a 1.9% decline in group sales, which includes its insurance and funeral businesses, to £11,262m for the 53-week period ended 6 January 2024 (FY2023). Retail food sales fell 7.0% to £7,262m driven “primarily by the sale of the petrol forecourt business”.
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News
Co-op boss Steve Murrells to head up retail climate steering group
Co-op boss Steve Murrells has been unveiled as the chair of the British Retail Consortium’s new Climate Action Roadmap steering group.
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News
Co-op price matches vegan and meat products as part of new climate strategy
The Co-op has price matched all of its plant-based Gro products with their meat equivalents as part of a new ten-point climate change blueprint to be carbon neutral by 2040.
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News
Co-op ditches bags for life to cut plastic use
The Co-op is to replace plastic bags for life with compostable and renewable carriers as it seeks to reduce the use of plastic.
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Data
Data: The grocery winners and losers from the Covid-19 pandemic
Now that most grocers have issued full-year results, Retail Week crunches the numbers on a year marked by the coronavirus pandemic that supercharged food retailing.
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News
Co-op scraps team manager roles in store management restructure
The Co-op is set to scrap team manager roles across its c-stores as it restructures its store management but it insisted there will be no redundancies as part of the process.
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Analysis
Five ways to turn your staff into customer champions
Retail Week’s Customer Champions report, produced in association with Critizr, outlines the crucial role of frontline staff in welcoming customers back to stores.
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Analysis
Analysis: Shops and the 15-minute city – how to win in a hyper-local world
As retailers look ahead to a post-Covid reality, could the French concept of a 15-minute city provide a recipe for success in the UK?
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Analysis
Life after Covid: John Lewis, Asda and Ikea on retail’s post-pandemic priorities
From a renewed focus on price to a more flexible workforce and changing approaches to online, stores and supply chain, Retail Week looks at what’s top of the to-do list for retailers.
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Opinion
‘Grocers like the Co-op should not be vilified for holding on to rates relief’
Before making this point, let’s be perfectly clear: I was among those who expected the Co-op to repay its business rates relief this week.
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Analysis
Analysis: Co-op’s business rates return refusal – prudent or a PR disaster?
Another impressive set of annual results for the Co-op has been overshadowed by its decision to keep business rates relief. Group chief executive Steve Murrells explains the decision and claims it has the full backing of members.
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Analysis
Co-op and One Stop reveal investment in payment tech has transformed CX
An expert panel also warns retailers must be ready to comply with anti-fraud measures that come into effect this year, take advantage of powerful new Wi-Fi tech and find a way to reduce contactless payment losses that are costing millions. Register to watch here.
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Analysis
Grocery on demand: the new ecommerce battleground
As Deliveroo announces its intention to float, Retail Week looks at the growing area of grocery on-demand and which of the big supermarkets are likely to win share in this burgeoning part of the market.
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News
Co-op launches major apprenticeship drive to close ‘opportunity gap’
The Co-op has launched a major new apprenticeship initiative to offer opportunities to people from disadvantaged communities across the UK.
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Opinion
Jo Whitfield: ‘Tackling climate change should come before competitive advantage’
Like many families, Sunday evenings have become a time to sit down together and watch one of Sir David Attenborough’s many thought-provoking documentaries on the natural world.
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Data
Data: Grocery sales soar as record Christmas stretches into January
The festive cheer has rolled on into the new year for grocers, with data showing that customers’ record food and drink spending from December continued into January.
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News
UK grocers warn food shortages in Northern Ireland will worsen
The chief executives of the UK’s largest grocers have warned the government of “significant disruption to food supplies” to Northern Ireland after March 31 unless there is a closer agreement with the EU.
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Opinion
‘After its most defining year ever, retail will emerge stronger in 2021’
A retail chief executive put a question to me earlier this week during a (these days somewhat rare) face-to-face meeting: “How would you sum up this year for retail in one word?”
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News
B&M and Pets at Home follow grocers and forego rates relief
Value giant B&M and specialist retailer Pets at Home have become the latest retailers to waive business rates relief after Tesco sparked a spate of such initiatives earlier this week.
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Video
Face time: Steve Murrells on climate change, collaboration and Christmas
The Co-op chief executive Steve Murrells discusses the importance of purpose, its partnerships with Deliveroo and Starship Technologies, and looks ahead to the crucial Christmas trading period.