Case Study

Our product saw 4.8 million additional units of food being sold year on year.

Co-op continues to partner with Retail Insight to support the reduced to clear process.

Region: UK
Employees: 65,000
Turnover: £11.5 billion
Website: www.coop.co.uk

About the client

Co-operative Group Limited, trading as Co-op, is a British consumer co-operative with a diverse family of retail businesses including food retail and wholesale; e-pharmacy; insurance services; legal services, and funeral care.

The Co-operative Group has over 2,500 stores.

Co-op Food is the largest division of the group with over 2,600 of its own retail stores which cover the largest geographical spread of any grocery retailer. The stores mainly operate across a variety of convenience formats, with some larger neighbourhood hub stores.

As of March 2022, it is the seventh-largest grocery chain in the UK, with a 6.2% market share according to Kantar Worldpanel.

Solutions used

WasteInsight

Dump your inefficient waste processes
Sell more and waste less with our data-led software solution

Learn more

Partnership & solution

Since 2019, Retail Insight has deployed its WasteInsight solution to all Co-op stores, which enables stores to sell more and waste less using a dynamic pricing algorithm. It calculates the best markdown price for expiring products based on multiple factors; including volume, store, season, and more.

"After launching the WasteInsight solution in 2019 across all Co-op stores, key stakeholders across Retail Insight and Co-op have continued to work collaboratively to ensure maximum gains from the solution. Not only has the WasteInsight engine evolved over time through its native machine learning and artificial intelligence capabilities, but Retail Insight's Analytics Team has also been able to create deeper Management Information & Business Intelligence, empowering Co-op to make informed decisions around waste performance."

Kieran O'Brien
Client Director, Retail Insight