National Retail Consumer Conference 23 February 2013 CRTG, where next? Europe or maybe the World! Ben Reid OBE, Chief Executive The Midcounties Co-operative Co-operative Roles • • • • CEO, Midcounties Co-operative Co-operative Group, Director Co-operative Banking Group, Director Chair of CRTG What is CRTG? Co-operative Retail Trading Group CRTG Founded 1993 Initial Members: • • • • The CWS The Anglia Regional CS The Central Midlands CS Oxford, Swindon & Gloucester CS CRTG • Current Membership: 20 Societies • Annual Turnover for 2012: £8.8 bn • Store numbers: 3954 Governance Three tiers: • Strategy Group • Monitoring Group • Working Group One Society, One Vote Membership CEO Anglia, Midcounties and Midlands Societies 3 CEO’s of Societies with qualifying sales of more than £100m 4 One CEO Elected from the remainder of CRTG Members 1 CEO of Co-operative Group Food Retail 1 9 Strategy Group Functions: • To determine Strategy and review as appropriate • To receive reports from the Monitoring Group and where appropriate implement their recommendations Monitoring Group Functions: • To review and monitor the implementation of the strategy and performance of CRTG • To formulate and submit recommendations to the Strategy Group where a decision is required Working Group Functions: • • • • Range Reviews Seasonal Planning Promotional Pricing Marketing Where Next? • European Buying Group • European Co-operative Buying Group • Worldwide Alliances Key European Buying Groups • • • • • • EMD AMS Coopernic Carrefour Alidis Spar Negotiating Power 2010 €bn CRTG £8.8 bn Alidis Buying Group • • • • Founded 2002 Operates in 9 Countries Turnover €81 bn Store Numbers 19,309 Alidis Buying Group Members • Intermarche • Edeka • Eroski - France Germany Spain EMD Buying Group Members include: Axfood Spar Markant Musgrave Group Casino - Sweden Spain Austria, Germany,Czech Republic Ireland France Progress to Date Consultant’s Report: • Exploring the benefits of joining an existing European Buying Group • Exploring the option of creating a European Buying Group • Report due Spring 2013 Progress to Date CRTG Meeting held with EMD Conclusion: • Clear potential benefits for the procurement of Own Brand Products. • Meeting with Alidis still to be arranged. Wider World Currently limited to the Singapore Co-op but open to suggestions! Questions?