All Co-operative Group articles – Page 47
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NewsWaitrose grabs highest grocery market share in its history
Waitrose posted its highest ever grocery market share of 4.7% in the 12 weeks ending September 30, according to Kantar Worldpanel.
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AnalysisAnalysis: The rise of the supermarkets
Food retail has been transformed in the last 20 years. Rebecca Thomson looks at how the sector has changed and its prospects.
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NewsThe Co-op to decide on online grocery within six months
The Co-operative will decide in the next six months whether it will launch an online grocery offer.
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AnalysisIn pictures: The Co-op releases graphic novel charting its history
The Co-operative is to release a graphic novel charting the history of the co-operative movement.
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NewsPeople 1st acquires Skillsmart Retail assets
The sector skills council for hospitality, passenger transport, travel and tourism, People 1st has acquired two of Skillsmart Retail’s assets.
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NewsThe Co-op raids Asda and Tesco for new senior trio
The Co-operative Food has made a raft of senior appointments after poaching directors from Asda and Tesco.
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NewsCo-op boss criticises rivals’ ethical stance
Co-operative Group chief executive Peter Marks accused his grocery rivals of “jumping on the bandwagon” of ethical retailing as he reported a slide in first-half sales and profits.
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OpinionBlog: Retirement suits relaxed Peter Marks
Peter Marks appeared more relaxed than usual at The Co-op’s interim results yesterday. The last time I saw Marks was at Retail Week conference when he was literally sprinting down a corridor to go to a meeting in Westminster.
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NewsCo-op reports positive results from contactless payment trial
The Co-operative Food has reported positive results from a trial of contactless payment in its London and Manchester stores.
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InterviewQ&A: The Co-op chief executive Peter Marks
The Co-operative Food today reported a 16% fall in half-year profits, and a like-for-like sales decline of 1.2%. At group level operating profits fell by more than a third.Here, group chief executive Peter Marks and chief financial officer Steve Humes explain group performance.
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NewsCo-op profits tumble 16% in 'fiercely competitive food market'
The Co-operative Food’s underlying profit slumped 16% to £119m in the six months to June 30 amid “fierce” competition in the food sector and the “unrelenting consumer downturn”.
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AnalysisAnalysis: Co-op’s battle continues as new era dawns
With its boss stepping down amid challenging market conditions and falling sales, can the Co-op reverse its decline and continue to compete against the big four?
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NewsAsda and Sainsbury's growth surges forward
Asda and Sainsbury’s growth has surged although Tesco is closing the gap on its archrivals, according to Kantar Worldpanel.
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NewsChanges likely at Co-op as Peter Marks bids farewell
The Co-operative Group’s new boss must revamp the retailer’s supermarket format and marketing if it is to win back share, believe industry observers.
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AnalysisAnalysis: Peter Marks’ reign and The Co-op’s challenges ahead
“It’s vicious,” says Co-operative Group chief executive Peter Marks of competition in the grocery market which has changed “beyond recognition” in his 45 years with the business.
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NewsPeter Marks to step down from The Co-operative Group
The Co-operative Group chief executive Peter Marks is to retire from the business next May.
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NewsCo-op refinancing may lead to acquisition
The Co-operative Food could acquire a smaller operator after the retailer secured a refinancing of almost £1bn this week.
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NewsThe Co-op in 'good shape' for further acquisitions
The Co-operative Food could invest a chunk of finance into acquiring a smaller operator after its owners secured just under £1bn this week.
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NewsCo-operative Group secures £950m in refinancing deal
The Co-operative Group, which includes the food retailer The Co-operative Food, has agreed a £950m refinancing deal with a group of banks led by Barclays.
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NewsIceland and Farmfoods targeted in milk price protests
Iceland and Farmfoods are the latest retailers to be targeted as part of a dairy farmers’ campaign to win a fairer price for milk.