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COOP Group

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uuid0007jgy

Namestring
COOP Group
Legal namestring
Société Coopérative de Consommateurs
Company typeenum
Private
Founded yearint
1919
Descriptiontext

COOP Group is a consumer cooperative (Société Coopérative de Consommateurs) operating under the Coop et Vous brand, serving individual consumers across the Normandy and Picardie regions of France. The company runs physical grocery stores and integrates its offering with a multi-program member benefits platform anchored by the Coop et Vous mobile application (iOS/Android). Customers become members by purchasing a €10 lifetime "part sociale," which grants voting rights under a one-person-one-vote governance model and unlocks a stacked suite of loyalty programs: Coup de Frais (10% daily discount on fresh produce from €5), Vignettes (collectibles on fresh/BIO purchases from €15, doubled at Utile stores), COOP'UP (monthly loyalty rewards), Cashback Bitcoin (2% in BTC from €100 monthly purchases), Club Avantages (up to 50% off at 500+ partner retailers), Parrainage (€3 referral bonuses), Livraison Offerte (free delivery for eligible demographics from €60), and Cœur Solidaire (charitable donations from member balances).

The business model combines retail sales revenue with a one-time membership fee. As a cooperative, profits are reinvested into member benefits rather than distributed to external shareholders. Growth is driven by community-led go-to-market: a referral (parrainage) program, community events, in-store promotions, website content, and mobile push notifications. The company is member-owned with no venture capital or private equity backing, and operates with century-old cooperative heritage.

In 2025, the cooperative reported 2,079 active subscribers (+577 new), €78,000 in vouchers generated, €71 average savings per subscriber, €8,625 donated to local associations, +200 referrals, and an active partnership with Nous Tous Normandie. The company is currently engaged in "last chance mediation" with Système U (Groupement U) over a critical organizational decision that will shape its future operating scope.

Short descriptiontext

COOP Group (Coop et Vous) is a French consumer cooperative operating retail grocery stores across Normandy and Picardie, offering members a multi-program benefits platform—including daily fresh-produce discounts, Bitcoin cashback, collectibles, and 500+ retailer deals—anchored by a €10 lifetime membership and one-person-one-vote governance.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersLe Grand-quevilly, France
HQ citystring
Le Grand-quevilly
HQ countrystring
France
HQ regionstring
Europe
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
consumer cooperative retail, grocery loyalty programs, member benefits platform, fresh produce discounts, local food sourcing
Industry1 code
1Member-Owned Food Cooperatives
CodeCRAHALAAPrimaryYes
NAICS code1 code
  • Convenience Retailers and Vending Machine Operators44513
SIC code1 code
  • Services-Membership Organizations8600
Product category
Consumer Cooperative Grocery Retail
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model2 records
1Retail Sales Revenue
TypeTransaction Fee
Description

Revenue generated from consumer purchases at cooperative retail stores. As a Société Coopérative de Consommateurs, profits are reinvested into member benefits (discounts, cashback, vouchers) rather than distributed to external shareholders.

2Membership Shares
TypeOne Time License
Description

One-time 10€ lifetime membership fee (part sociale) that grants full member status, voting rights, and access to all cooperative benefits.

Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure
Pricing details1 tier
1Lifetime membership with 10€ one-time fee
ModelOne time/ perpetual licenseBilling cadenceMulti-year contract
Notes

One-time 10€ participation share valid for life, granting full sociétaire rights including voting power and all member benefits.

GTM typeB2C
B2C
Offering typeServices
Services
Core offering1 text field

COOP Group operates a consumer cooperative retail business serving members in the Normandy and Picardie regions of France. Members purchase a one-time €10 lifetime share (part sociale) that grants sociétaire status and voting rights, then access a stackable portfolio of savings programs at checkout including daily 10% discounts on fresh produce, Bitcoin cashback, collectible stamp rewards, monthly loyalty gifts, free delivery for eligible members, charitable giving, and exclusive discounts at 500+ partner retailers. The Coop et Vous mobile application serves as the digital hub for managing benefits, tracking savings, and redeeming vouchers.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

COOP Group operates as a consumer cooperative offering a unified member loyalty platform with multiple integrated benefit programs. The core offering includes the COOP et Vous mobile application (the central hub for all member services) combined with a suite of savings programs: Coup de Frais (daily 10% discount on fresh produce), Vignettes (collectible stamps with doubled rewards at Utile stores), COOP'UP (monthly loyalty rewards), Cashback Bitcoin (2% cryptocurrency rewards), Club Avantages (exclusive access to 500+ retailer discounts), and Parrainage (referral bonuses). Additional services include Livraison Offerte (free delivery for eligible seniors and pregnant women) and Cœur Solidaire (charitable donations). The company also provides a Simulateur d'économies tool for members to estimate their potential savings across all programs.

Product and service10 records
1Coop Normandie Picardie Membership (Part Sociétaire)
CategoryCooperative membership
Description

Lifetime cooperative membership acquired by paying a one-time €10 sociétaire share. Grants the buyer (member) sociétaire status, one-person-one-vote governance rights, and access to all member benefits including daily discounts, Bitcoin cashback, collectible stamps, loyalty rewards, free delivery for eligible members, and charitable giving through Cœur Solidaire. Targeted at individual consumers in Normandy and Picardie.

2Coop et Vous Mobile Application
CategoryMobile application
Description

Smartphone application for iOS and Android providing cooperative members with a single hub to access all member benefits: real-time notifications for vouchers, integrated voucher redemption, savings tracking, Bitcoin cashback wallet management, and collectible vignette tracking. Targeted at cooperative members in Normandy and Picardie.

3Coup de Frais
CategoryLoyalty and savings program
Description

Daily discount program granting members a 10% cashback on purchases of fruits, vegetables, meat, and fish, activated on purchases starting from €5. Available to cooperative members across the Normandy and Picardie store network and through the Coop et Vous app.

4Vignettes
CategoryLoyalty and savings program
Description

Collectible stamp program in which members earn vignettes on purchases of fresh or BIO products starting from €15, with stamp earnings doubled when shopping at Utile stores. Targeted at cooperative members seeking to maximize savings on fresh and organic purchases.

5COOP'UP
CategoryLoyalty and savings program
Description

Monthly loyalty rewards program accessible via the Coop Up platform that allows cooperative members to earn rewards and gifts each month based on their qualifying purchases.

6Cashback Bitcoin
CategoryLoyalty and savings program
Description

Cryptocurrency cashback program that returns 2% of a member's monthly purchases in Bitcoin, available from €100 of qualifying monthly purchases. Managed through the Coop et Vous mobile app Bitcoin wallet. Targeted at cooperative members interested in Bitcoin savings.

7Club Avantages
CategoryPartner discount program
Description

Exclusive members-only discount club providing access to up to 50% discounts at over 500 major partner retailers, accessible to cooperative members via the Coop Up platform.

8Parrainage
CategoryReferral program
Description

Referral program offering a €3 bonus to the referrer for each friend successfully enrolled as a cooperative member. Designed to drive community-led member acquisition at low cost.

9Livraison Offerte
CategoryDelivery service
Description

Free home delivery service available to eligible cooperative members—those aged 65 or older, CMI cardholders, and pregnant women—for orders starting at €60. Provides an inclusive service layer for vulnerable shopper segments.

10Cœur Solidaire
CategoryCharitable giving program
Description

Charitable giving program allowing cooperative members to allocate a portion of their accumulated rewards wallet (cagnotte) to a local association of their choice. The cooperative channels these donations to chosen organizations; cited beneficiaries include Nous Tous Normandie, which supports elderly autonomy and fights isolation in Eure and Seine-Maritime.

Scale indicator8 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-01-01
Description

COOP Normandie Picardie is engaged in mediation with Système U regarding a critical decision by the U Grouping. The cooperative remains committed to its century-old cooperative model in the face of this organizational challenge. The situation is described as 'médiation de la dernière chance' (last chance mediation).

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

German discount supermarket chain with aggressive expansion in France. Comparable on price-led grocery and fresh produce, representing a key value-oriented competitor for COOP's cost-conscious members.

2Coopérative U (Système U)
TypeDirect peer
Description

French retail cooperative federation (Hyper U, Super U, U Express, Utile) of independent store owners. Directly comparable as a French cooperative retail group; COOP's Utile store affiliation and the ongoing mediation make this the closest structural and commercial peer.

TypeEmerging player
Description

French organic and natural products retail chain (owned by Carrefour group). Comparable on ethical, locally oriented, organic-leaning grocery assortment targeting values-driven French consumers.

TypeBroad incumbent
Description

French hypermarket and supermarket operator with regional store presence in northern France. Comparable broad grocery incumbent competing for the same weekly household basket COOP targets.

TypeBroad incumbent
Description

Major French grocery retailer with supermarket, convenience, and proximity banners across France. Comparable broad-incumbent competitor targeting similar household grocery baskets in regional French markets.

TypeDirect peer
Description

French organic and bulk-food retail cooperative network. Comparable consumer cooperative model focused on local, ethical grocery with member engagement and short supply chains.

TypeBroad incumbent
Description

Largest French retail cooperative association, operating hypermarkets and supermarkets across France. Comparable cooperative model and aggressive everyday-low-pricing positioning that competes directly on price-sensitive grocery demand.

TypeDirect peer
Description

Leading French organic and responsible food retail cooperative with hundreds of member-owned stores. Comparable as a French consumer-facing food cooperative emphasizing local producers, ethics, and member governance.

TypeDirect peer
Description

French retail and production cooperative group operating Intermarché and Netto supermarkets nationwide. Directly comparable cooperative retail model with member/associate ownership, regional store footprint, and focus on local producer partnerships.

TypeBroad incumbent
Description

One of France's largest grocery retailers, operating hypermarkets, supermarkets, and proximity formats. Overlaps with COOP on everyday grocery and is a broad incumbent competitor in Normandy and Picardie.

Market position
Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers1 record

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment1 record

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

COOP Group

Consumer Cooperative Grocery Retailgroupe-coop.coop

COOP Group (Coop et Vous) is a French consumer cooperative operating retail grocery stores across Normandy and Picardie, offering members a multi-program benefits platform—including daily fresh-produce discounts, Bitcoin cashback, collectibles, and 500+ retailer deals—anchored by a €10 lifetime membership and one-person-one-vote governance.

What COOP Group does

COOP Group is a consumer cooperative (Société Coopérative de Consommateurs) operating under the Coop et Vous brand, serving individual consumers across the Normandy and Picardie regions of France. The company runs physical grocery stores and integrates its offering with a multi-program member benefits platform anchored by the Coop et Vous mobile application (iOS/Android). Customers become members by purchasing a €10 lifetime "part sociale," which grants voting rights under a one-person-one-vote governance model and unlocks a stacked suite of loyalty programs: Coup de Frais (10% daily discount on fresh produce from €5), Vignettes (collectibles on fresh/BIO purchases from €15, doubled at Utile stores), COOP'UP (monthly loyalty rewards), Cashback Bitcoin (2% in BTC from €100 monthly purchases), Club Avantages (up to 50% off at 500+ partner retailers), Parrainage (€3 referral bonuses), Livraison Offerte (free delivery for eligible demographics from €60), and Cœur Solidaire (charitable donations from member balances).

The business model combines retail sales revenue with a one-time membership fee. As a cooperative, profits are reinvested into member benefits rather than distributed to external shareholders. Growth is driven by community-led go-to-market: a referral (parrainage) program, community events, in-store promotions, website content, and mobile push notifications. The company is member-owned with no venture capital or private equity backing, and operates with century-old cooperative heritage.

In 2025, the cooperative reported 2,079 active subscribers (+577 new), €78,000 in vouchers generated, €71 average savings per subscriber, €8,625 donated to local associations, +200 referrals, and an active partnership with Nous Tous Normandie. The company is currently engaged in "last chance mediation" with Système U (Groupement U) over a critical organizational decision that will shape its future operating scope.

COOP Group firmographics

Firmographics
Name
COOP Group
Legal name
Société Coopérative de Consommateurs
Website
https://groupe-coop.coop
Company type
Private
Founded year
1919
Operating status
Operating
Headcount range
11–50 employees
Short description
COOP Group (Coop et Vous) is a French consumer cooperative operating retail grocery stores across Normandy and Picardie, offering members a multi-program benefits platform—including daily fresh-produce discounts, Bitcoin cashback, collectibles, and 500+ retailer deals—anchored by a €10 lifetime membership and one-person-one-vote governance.
Ownership category
akta.pro rank

COOP Group industry classification

Industry
Product category
Consumer Cooperative Grocery Retail
NAICS
Convenience Retailers and Vending Machine Operators (44513)
SIC
Services-Membership Organizations (8600)
akta.pro primary industry
Member-Owned Food Cooperatives (CRAHALAA)

Keywords

  • Consumer cooperative retail
  • Grocery loyalty programs
  • Member benefits platform
  • Fresh produce discounts
  • Local food sourcing

Where COOP Group is headquartered

Location

Headquarters

HQ city
Le Grand-quevilly
HQ country
France
HQ region
Europe

Offices1 record

Markets served

COOP Group business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Supply Chain, Operations, Personnel, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

  1. Retail Sales Revenue: Revenue generated from consumer purchases at cooperative retail stores. As a Société Coopérative de Consommateurs, profits are reinvested into member benefits (discounts, cashback, vouchers) rather than distributed to external shareholders.
  2. Membership Shares: One-time 10€ lifetime membership fee (part sociale) that grants full member status, voting rights, and access to all cooperative benefits.

Pricing tiers

ModelBillingPrice
One time/ perpetual licenseMulti-year contractLifetime membership with 10€ one-time fee

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

COOP Group product offering

Product offering

Core offering

COOP Group operates a consumer cooperative retail business serving members in the Normandy and Picardie regions of France. Members purchase a one-time €10 lifetime share (part sociale) that grants sociétaire status and voting rights, then access a stackable portfolio of savings programs at checkout including daily 10% discounts on fresh produce, Bitcoin cashback, collectible stamp rewards, monthly loyalty gifts, free delivery for eligible members, charitable giving, and exclusive discounts at 500+ partner retailers. The Coop et Vous mobile application serves as the digital hub for managing benefits, tracking savings, and redeeming vouchers.

Product overview

COOP Group operates as a consumer cooperative offering a unified member loyalty platform with multiple integrated benefit programs. The core offering includes the COOP et Vous mobile application (the central hub for all member services) combined with a suite of savings programs: Coup de Frais (daily 10% discount on fresh produce), Vignettes (collectible stamps with doubled rewards at Utile stores), COOP'UP (monthly loyalty rewards), Cashback Bitcoin (2% cryptocurrency rewards), Club Avantages (exclusive access to 500+ retailer discounts), and Parrainage (referral bonuses). Additional services include Livraison Offerte (free delivery for eligible seniors and pregnant women) and Cœur Solidaire (charitable donations). The company also provides a Simulateur d'économies tool for members to estimate their potential savings across all programs.

Differentiator

Problem solved

Functional benefit

Products and services

  • Coop Normandie Picardie Membership (Part Sociétaire) Lifetime cooperative membership acquired by paying a one-time €10 sociétaire share. Grants the buyer (member) sociétaire status, one-person-one-vote governance rights, and access to all member benefits including daily discounts, Bitcoin cashback, collectible stamps, loyalty rewards, free delivery for eligible members, and charitable giving through Cœur Solidaire. Targeted at individual consumers in Normandy and Picardie.
  • Coop et Vous Mobile Application Smartphone application for iOS and Android providing cooperative members with a single hub to access all member benefits: real-time notifications for vouchers, integrated voucher redemption, savings tracking, Bitcoin cashback wallet management, and collectible vignette tracking. Targeted at cooperative members in Normandy and Picardie.
  • Coup de Frais Daily discount program granting members a 10% cashback on purchases of fruits, vegetables, meat, and fish, activated on purchases starting from €5. Available to cooperative members across the Normandy and Picardie store network and through the Coop et Vous app.
  • Vignettes Collectible stamp program in which members earn vignettes on purchases of fresh or BIO products starting from €15, with stamp earnings doubled when shopping at Utile stores. Targeted at cooperative members seeking to maximize savings on fresh and organic purchases.
  • COOP'UP Monthly loyalty rewards program accessible via the Coop Up platform that allows cooperative members to earn rewards and gifts each month based on their qualifying purchases.
  • Cashback Bitcoin Cryptocurrency cashback program that returns 2% of a member's monthly purchases in Bitcoin, available from €100 of qualifying monthly purchases. Managed through the Coop et Vous mobile app Bitcoin wallet. Targeted at cooperative members interested in Bitcoin savings.
  • Club Avantages Exclusive members-only discount club providing access to up to 50% discounts at over 500 major partner retailers, accessible to cooperative members via the Coop Up platform.
  • Parrainage Referral program offering a €3 bonus to the referrer for each friend successfully enrolled as a cooperative member. Designed to drive community-led member acquisition at low cost.
  • Livraison Offerte Free home delivery service available to eligible cooperative members—those aged 65 or older, CMI cardholders, and pregnant women—for orders starting at €60. Provides an inclusive service layer for vulnerable shopper segments.
  • Cœur Solidaire Charitable giving program allowing cooperative members to allocate a portion of their accumulated rewards wallet (cagnotte) to a local association of their choice. The cooperative channels these donations to chosen organizations; cited beneficiaries include Nous Tous Normandie, which supports elderly autonomy and fights isolation in Eure and Seine-Maritime.

Companies that use COOP Group

Customer profile

Named customers1 record

Segments1 record

Ideal customer profiles2 records

COOP Group technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

COOP Group partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Système UcoreStrategic or Co-development Partner · 1 January 2025COOP Normandie Picardie is engaged in mediation with Système U regarding a critical decision by the U Grouping. The cooperative remains committed to its century-old cooperative model in the face of this organizational challenge. The situation is described as 'médiation de la dernière chance' (last chance mediation).

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

COOP Group competitors and assessment

Company assessment

Emerging players

  • Lidl France: German discount supermarket chain with aggressive expansion in France. Comparable on price-led grocery and fresh produce, representing a key value-oriented competitor for COOP's cost-conscious members.
  • Naturalia: French organic and natural products retail chain (owned by Carrefour group). Comparable on ethical, locally oriented, organic-leaning grocery assortment targeting values-driven French consumers.

Direct peers

  • Coopérative U (Système U): French retail cooperative federation (Hyper U, Super U, U Express, Utile) of independent store owners. Directly comparable as a French cooperative retail group; COOP's Utile store affiliation and the ongoing mediation make this the closest structural and commercial peer.
  • La Vie Claire: French organic and bulk-food retail cooperative network. Comparable consumer cooperative model focused on local, ethical grocery with member engagement and short supply chains.
  • Biocoop: Leading French organic and responsible food retail cooperative with hundreds of member-owned stores. Comparable as a French consumer-facing food cooperative emphasizing local producers, ethics, and member governance.
  • Intermarché (Les Mousquetaires): French retail and production cooperative group operating Intermarché and Netto supermarkets nationwide. Directly comparable cooperative retail model with member/associate ownership, regional store footprint, and focus on local producer partnerships.

Broad incumbents

  • Auchan Retail France: French hypermarket and supermarket operator with regional store presence in northern France. Comparable broad grocery incumbent competing for the same weekly household basket COOP targets.
  • Casino (Groupe Casino): Major French grocery retailer with supermarket, convenience, and proximity banners across France. Comparable broad-incumbent competitor targeting similar household grocery baskets in regional French markets.
  • Leclerc (Mouvement Leclerc): Largest French retail cooperative association, operating hypermarkets and supermarkets across France. Comparable cooperative model and aggressive everyday-low-pricing positioning that competes directly on price-sensitive grocery demand.
  • Carrefour: One of France's largest grocery retailers, operating hypermarkets, supermarkets, and proximity formats. Overlaps with COOP on everyday grocery and is a broad incumbent competitor in Normandy and Picardie.

Market position

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

COOP Group social profiles

Digital presence

COOP Group financial estimates

Financial estimate

Revenue estimate

Valuation estimate

COOP Group leadership team

Management profile

Number of profiles

COOP Group funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

COOP Group M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about COOP Group

What does COOP Group do?

COOP Group operates a consumer cooperative retail business serving members in the Normandy and Picardie regions of France. Members purchase a one-time €10 lifetime share (part sociale) that grants sociétaire status and voting rights, then access a stackable portfolio of savings programs at checkout including daily 10% discounts on fresh produce, Bitcoin cashback, collectible stamp rewards, monthly loyalty gifts, free delivery for eligible members, charitable giving, and exclusive discounts at 500+ partner retailers. The Coop et Vous mobile application serves as the digital hub for managing benefits, tracking savings, and redeeming vouchers.

Is COOP Group a public or private company?

COOP Group is a private company. It is classified as nonprofit foundation owned and is currently operating.

When was COOP Group founded?

COOP Group was founded in 1919. It employs 11 to 50 people.

Where is COOP Group based?

COOP Group is headquartered in Le Grand-quevilly, France, in the Europe region.

How does COOP Group make money?

Two revenue lines are on record. Retail Sales Revenue is the primary driver. The others are membership Shares.

Who are COOP Group's main competitors?

Emerging players on record are Lidl France and Naturalia. Direct peers are Coopérative U (Système U), La Vie Claire, Biocoop and Intermarché (Les Mousquetaires). Broad incumbents are Auchan Retail France, Casino (Groupe Casino), Leclerc (Mouvement Leclerc) and Carrefour.

Does COOP Group have an API?

No public API is recorded for COOP Group.

What industry is COOP Group in?

COOP Group's product category is Consumer Cooperative Grocery Retail. Its primary akta.pro industry code is CRAHALAA, Member-Owned Food Cooperatives. Its NAICS code is 44513 and its SIC code is 8600.

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Live signals
InsidermediaCo-op Group chair to step down - interim named by the groupThe Co-op Group announced that chair Debbie White will step down and be replaced temporarily by Moni Mannings as interim chair. This change comes amid ongoing leadership adjustments and the company’s efforts to strengthen its strategic position after last year's cyber-attack.Retail BulletinCo-op Group and Southern Co-op to mergeCo-op Group and Southern Co-op have announced plans to merge, bringing together Southern Co-op's 300,000 members with Co-op Group's seven million members. The merger aims to strengthen the co-operative movement in the South of England and is expected to be completed in the third quarter of 2026, subject to member and regulatory approvals. Both organizations will continue to operate independently while awaiting approval from the Competition and Markets Authority (CMA).ThegrocerCo-op Group and Southern Co-op to join forces in landmark mergerThe boards of Co-op Group and Southern Co-op have proposed a merger that would combine Southern Co-op’s 300 branches and 300,000 members with Co-op Group’s larger network. The transaction, expected to complete in Q3 2026 pending member and regulatory approval, aims to create a more resilient co-operative society with greater scale and impact across the UK.Retail-weekWho is in the running to replace Shirine Khoury-Haq at the Co-op?Shirine Khoury-Haq has resigned as group chief executive of the Co-op Group, with her final day occurring last weekend. Interim boss Kate Allum, previously a non-executive director, is currently running the organization while a search for a permanent replacement is underway.ThegrocerCo-op CEO insists exit unrelated to 'toxic' culture claimsCo-op Group CEO Shirine Khoury-Haq announced her departure after nearly seven years at the company during its full-year results presentation, denying any connection to allegations of a "toxic" culture within senior leadership that had been detailed in a letter to board members earlier in the year. The company reported a dramatic financial deterioration, swinging from a £131m underlying operating profit to a £35m loss in 2025 after taking a £107m hit from a major cyberattack that also wiped £285m off sales and forced temporary system shutdowns across its operations. Co-op's food retail business was particularly affected, registering a 2% sales decline to £7.3bn when growth of 1% had been expected absent the incident.Computer WeeklyMPs press outsourcer TCS over Jaguar cyber attackUK MPs, through the cross-party Business and Trade Committee chaired by Liam Byrne MP, have written to Tata Consultancy Services (TCS) CEO Krithivasan Krithivasan seeking information on the company's role as a service provider to Jaguar Land Rover, Marks and Spencer, and Co-op Group – all of which have suffered cyber attacks attributed to the Scattered Spider hacking group. The committee is asking about the scope of TCS services provided, whether the company is conducting internal investigations, and the value of its UK critical national infrastructure contracts. TCS previously told shareholders in June 2025 that its investigation found no TCS systems were compromised in the M&S incident.Business Wire BlogCoop Group Extends Blue Yonder Footprint To Enhance Customer-Centric StrategyCoop Group expanded Blue Yonder Category Management to its Jumbo DIY superstore chain, covering 125 points of sale. The solution automates about 5,700 planograms annually for meat and fresh bread, and Coop plans to extend it to other product groups.Co-operative News2024 in review: Headlines from the co-op worldThis article provides a comprehensive review of significant events within the global cooperative and mutual sector throughout 2024, highlighting major corporate transactions such as Coventry Building Society's agreed takeover of Co-op Bank. It details strategic shifts including member reward reforms at Co-op Group, regulatory changes in Singapore and the US, and political developments like the UK Labour Party's pledge to double the co-operative economy. The report also covers sector-wide growth statistics, governance updates across various national apex bodies, and preparations for the UN's International Year of Cooperatives.Co-operative NewsCo-op Group returns to the life insurance marketCo-op Group has launched Co-op Life Cover in partnership with Royal London, re-entering the life insurance market with a product designed to offer payment flexibility for policyholders facing financial difficulty. This move is part of the mutual's broader strategy to grow revenues across its core markets following its exit from certain sectors after the financial crisis.