The Co-operative Group
UK grocer Waitrose has got industry watchers talking this afternoon (17 June) with the launch of a promotional programme that lets consumers...
The sense of disarray swirling around The Co-operative Group intensified today (11 March) with the resignation of CEO Euan Sutherland, who t...
Online sales in the UK are on the rise as consumers increasingly shop for their groceries over the internet. Online sales represent a key growth area the country's largest retailers are vying to exploit. In the UK - the birthplace of private label - online expansion is good news for the manufacturers of leading food brands, Katy Askew suggests.
The UK's fifth-largest grocer had a challenging year - from trading issues to tabloid scandal and financial problems. However, Katy Askew argues the retailer's move to launch an open dialogue with shoppers on their business could see it re-engage with consumers.
It can be difficult to identify common trends across markets but, in many ways, two key trends dominated the grocery retail sector in 2013 in a number of countries - the durability of discounters and the heightened interest and investment in developing multichannel retail businesses.
The GM debate has re-emerged in the UK in the last couple of weeks with the news four major supermarket operators will allow their suppliers to use GM feed for poultry and eggs.
The Co-operative Group has booked a jump in first-half losses as issues plaguing its troubled banking unit took a significant chunk out of the bottom line. However, the group's retail business saw a "solid" six months, with profits dipping only slightly on increased levels of investment. According to Steve Murrells, chief executive of food, these investments are moving the retail business in the right direction. Katy Askew caught up with Murrells to find out what the group has in the pipeline.
Belton Cheese has been on something of a roll, expanding its business into new international markets with fresh distribution deals in countries as far afield as the US and Japan. The group announced yesterday (30 April) that it is further growing its overseas presence through an agreement to expand into Russia's high growth dairy market. Katy Askew caught up with Belton sales manager Phil Jones to find out more.
The discovery of "superbug" MRSA in pork on sale in several UK supermarkets has prompted renewed calls for the food sector to change the way it uses antibiotics in meat production.
More than 70% of fresh chickens being sold in UK supermarkets are contaminated with campylobacter, a survey by the Food Standards Agency has unveiled.
This week, Mars waged war on Hershey, alleging its US rival was selling "fake" confectionery under the Malteser brand. Q1 results seasons gathered steam and one of the companies reporting, Unilever, admitted it was considering the future of two units. Elsewhere, in an apparent bid to keep up with the grocery sector price war, The Co-operative Group announced it was plugging GBP100m into price cuts and Hillshire Brands announced the purchase of US waffle-to-cereal maker Van's Natural Foods.
The Co-operative Group is to pour GBP100m of (US$168m) investment into slashing the costs of basic household products in an apparent bid to keep up pace with price cuts taking place across the UK grocery sector.
The Co-operative Group will sell around 60% of the space it acquired as part of the 2009 acquisition of Somerfield as the embattled UK grocer increases its focus on its core convenience estate.
The Co-operative Group today (15 April) reported "heavy losses" after a "disastrous" year in 2013 but insisted a strategic shift at its food retail arm had resulted in an improving performance.
Tesco was in the spotlight this week after the publication of its annual results confirmed what a challenging year the UK's largest retailer endured. Another UK grocer under scrutiny is The Co-operative Group, which reported banking-induced losses, but revealed it is re-sizing its food retail estate to give it more focus. Elsewhere, China's WH Group, of which Smithfield Foods is now a part, announced plans to list in Hong Kong and US group Post Holdings made another M&A move, with a deal to buy egg-to-dairy supplier Michael Foods.
UK retailer The Co-operative Group has struck a deal for leases to 54 sites from AIM-listed real estate firm NewRiver Retail.
The Co-operative Group has today (19 March) announced a string of management changes at its business.
The biggest story of the week came as it started - with the announcement of the proposed merger between banana giants Chiquita Brands International and Fyffes. Elsewhere, UK grocers Morrisons and The Co-operative Group grabbed the headlines - the former for its bid to revive sales and the latter for the resignation of its chief executive.
Euan Sutherland, the chief executive of The Co-operative Group, has reportedly offered his resignation in a "back me or sack me" move in response to a high-profile debate about his 2014 pay agreement.
The Co-operative Group, the UK's fifth-largest grocer, is launching a number of initiatives it believes will reverse its declining market share.
Tesco this week outlined plans for a fresh offensive to try to revitalise UK sales. Meanwhile, The Co-operative Group, which has faced its own issues in recent months, announced it was considering the sale of its farm business as CEO Euan Sutherland looks to reshape the mutual. In the US, PepsiCo once again reiterated it is not keen on splitting the company in two, while Hershey, Mars and Nestle breathed a sigh of relief after the price-fixing case it was tied up in was kicked out of court. Here is the week in quotes.
Sainsbury's share of the UK's grocery market now matches Asda, the country's second-largest retailer, according to the latest data from Kantar Worldpanel.
The Co-operative Group's convenience stores have led the retailer to a successful final quarter as it celebrates a 1.0% like for like increase in sales against the same period last year.
Asda has set its sights on luring UK shoppers away from the discounters with moves to sell a range of household items for 50p.
The Co-operative Group has launched an agressive price promotion in a bid to tackle declining market share trends and grow basket size.
Last week saw a story that has dominated our pages apparently laid to rest when it emerged that Fonterra's botulism recall was, in fact, a false alarm.
The Co-operative Group posted a first-half loss of GBP559m (US$866.7m) due to problems at its troubled banking arm, but emphasised that profits at its food business were "solid".
The results continued to roll in last week and we heard from the likes of Hain Celestial and Ahold on how they performed and their outlook for the year ahead. Just-food also spoke with Lindt & Sprüngli CEO Ernst Tanner, who told us about how the company is convincing consumers to trade up - and why he sees cause for optimism in developed markets.
The Co-operative Group, the UK's fifth-largest grocer, is to relaunch its standard own-label range under a new name in a bid to boost sales.
Aldi and UK retailers The Co-operative Group and Waitrose have signed up to a campaign run by consumer watchdog Which? to support simpler, clearer and more consistent pricing in supermarkets in the country.
The UK's Grocery Code Adjudicator insisted it is "making a difference" and improving the relationship between retailers and suppliers at its annual conference this week.
The Co-operative Group is looking to sell its farms as part of plans to breathe fresh life into the UK business.
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