Sep 14, 2018 | News, Retailing
Food retailer Co-op has seen a like-for-like sales boost of 4.4%, and is now enjoying its 18th consecutive quarter of like-for-like sales growth. Sales have increased by 10% to £5bn, and Co-op says this is driven by a strong food sales performance along with the...
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 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...
