BUSINESS

Business

[Name of the institute]

Business

Question 1)

The Co-operative Group, UK is one of the biggest retailers of UK. The Co-operative Group is the UK's largest mutual business, which is not owned not by private shareholders but by approximately six million customers. It is the UK's fifth largest food retailer, the top convenience store operator and a main financial services supplier, operating both The Co-operative Bank and The Co-operative Insurance. The Group operation owns 5,000 retail outlets and employs more than 110,000 people. The company has an annual turnover £13.7bn.

The uniqueness of Co-operative group UK can be determined by the above facts mentioned. Having an extra ordinary customer base, differentiates the Co-operative group UK from other retail outlets around the world. The diversification of business is their main unique selling proposition. They offer their services in various sector of the economy which includes: electrical items, food, banking services, traveling, medical instruments and medicines, insurance, legal services and even funeral services to its customers.

Food

Co-operative has total of more than 3000 outlets out of which, 1700 are food stores. The company is the leader in top-up food shopping. The number of outlets located near every neighborhood makes the company as the convenience store.

Holidays

Travel care arranges holidays for millions of customers in over 380 branches, as well as on the internet and over the phone.

Funerals

Co-operative Funeral care is the largest funeral business in the country. The company does not face nay major competition in UK. It has over 500 branches arranging more than millions of funerals every year.

Banking and insurance

Co-operative Financial Services includes the award-winning Co-operative Bank, Co-operative Insurance Society (CIS) and smile, our Internet bank.

Pharmacies

Co-operative pharmacy is one of the biggest pharmacy chains in the country and has more than 300 branches.

Department stores

The company operates 40 department stores to assemble all shopping requirements.

Farming

Co-operative group have an experience of more than 100 years in the agricultural sector, and till to date the company manages more than 85,000 acres of UK land.

Cars and property

The company also runs a car dealership business Priory Motor Group which is a car dealership business. Apart from that Co-operative group owns a successful property business that manages investment and trading properties.

Engineering

The company has their own engineering and building services by the name of “Syncro”.

The UK Co-operative group is more like a one stop shop, where the customer can avail any kind of service which they desire to. Following are the various achievements which ...