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31 May 2024

Daily Newsletter

Co-op slashes prices on up to 54 fruit and veg lines

The price cut will see Co-op member-owners saving almost 20% on average.

Jangoulun Singsit May 30 2024

British co-operative group Co-op has launched a price reduction campaign across a selection of up to 54 fruit and vegetable lines. 

Member price savings will be available on a variety of seasonal fresh produce lines, including baby potatoes with seasoned butter, little gem lettuce and punnets of plums.

This additional £6.4m investment will offer Co-op member-owners a reduction of up to 44% on previous retail prices. 

The price cut, which will be implemented in phases, will see members save almost 20% on average. 

It increases the total amount invested in member price savings, and lowers prices on everyday essentials. The retailer has invested more than £100m into its prices since March 2023.

The move is set to include its Fresh 3 promotional offer.  

From 19 June 2024, the Fresh 3 promotion will be revamped to provide even greater savings and boost Co-op's membership. 

The retailer aims to reach eight million members by 2030.  

Co-op commercial buying manager Rosie Bramley said: "We know that quality, freshness and price are key when it comes to fruit and veg, and we are committed to creating ongoing and additional value for our member-owners.  

“Our price investment is focused on great quality home-grown seasonal produce and further underpins Co-op’s commitment to backing British farmers and growers, while helping our members to make healthy choices, conveniently.” 

Co-op has grown its membership base to over five million active member-owners.  

In March 2024, Co-op announced a new partnership with Uber Direct to expand its quick commerce market share through the retailer's online shop.   

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GlobalData’s AI governance framework helps senior executives identify all potential risks posed by AI systems and provides a checklist of questions to ask tech vendors during the procurement process to ensure they implement AI responsibly.

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GlobalData’s AI governance framework helps senior executives identify all potential risks posed by AI systems and provides a checklist of questions to ask tech vendors during the procurement process to ensure they implement AI responsibly.

GlobalData’s AI Governance Framework

GlobalData’s AI governance framework helps senior executives identify all potential risks posed by AI systems and provides a checklist of questions to ask tech vendors during the procurement process to ensure they implement AI responsibly.

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