Nov 13, 2017 | News, Retailing
Nisa Retail has announced that its members have voted in favour of Co-op’s offer to buy 100% of the business for up to £137.5 million. A majority of 75.79% of Nisa’s members voted for the deal, as opposed to 24.1% who voted against. The offer requires clearance from...
Oct 17, 2017 | News, Retailing
Supermarket sales have increased by 3.1% in value, compared with last year, according to the latest grocery market share figures from Kantar Worldpanel for the 12 weeks to 8th October. The figure marks the 17th period of uplift in a row for Britain’s grocers, despite...
Oct 10, 2017 | News, Retailing
Co-op’s £137.5 million offer to acquire Nisa Retail has been “unanimously recommended” by Nisa’s board, with the bid remaining conditional on the approval of Nisa members and the Competition and Markets Authority (CMA). Under the proposed deal, Co-op Group is offering...
Sep 21, 2017 | News, Retailing
The Co-op has reported that it has had 14 consecutive quarters of like-for-like sales growth of food products. Like-for-like sales in Co-op Food have been up by 3.5 %, it has been reported and 0.7% higher year-on-year when excluding the sales from the 298 stores sold...
Aug 23, 2017 | News, Retailing
Lidl has increased its market share to a new record high of 5.2% and become the UK’s seventh largest grocer, topping Waitrose for the 12 weeks ending 13th August, according to figures from Kantar Worldpanel. Lidl’s market share grew 0.7% year-on-year, as ten million...
