Co-op seeks supply chain savings
2 April 2012
A crackdown on supply chain costs is planned when the Co-operative Retail Society (CRS) and the Co-operative Wholesale Society (CWS) merge in April, writes Liam O’Brien.
The combining of the two mutual businesses is on course, following approval from a special meeting of the CRS’s regional committees last week. It will bring together more than 1,000 stores and create an organisation worth £4.7 billion.
Although job losses are expected to be limited to no more than 500 of the 50,000-strong workforce, the new business aims to...