Meeting the Needs of Modern Shoppers with Non-Traditional Hours

  • Co-op launches 24-hour delivery service for city centre customers
  • Service most popular among Gen Z shoppers aged 18-24
  • Delivery partners include Deliveroo, Just Eat and Uber Eats
  • Extended online availability in over 1,600 stores

Co-op has introduced a 24-hour delivery service in response to growing demand for grocery deliveries outside of traditional hours. The supermarket’s research shows that 40% of customers would use a late-night delivery service if available, with Gen Z shoppers being the most likely to take advantage of it. The service will be available in Leeds, London, and Manchester stores where there is strong online grocery demand at non-traditional times. Deliveries will be handled by partners Deliveroo, Just Eat, and Uber Eats. Co-op has also extended its online availability in over 1,600 stores to cater to customers shopping later in the evening.

Factuality Level: 10
Factuality Justification: The article provides accurate information about Co-op’s new 24-hour delivery service, citing relevant statistics from their research and explaining the reasons behind the launch. It also includes quotes from a company representative that support the decision to expand the service. The article is focused on the main topic without any digressions or irrelevant details.
Noise Level: 3
Noise Justification: The article provides relevant information about Co-op’s new 24-hour delivery service and its target demographic, as well as the reasons behind the decision. It also mentions the launch locations and partners involved in the service. The article stays on topic and supports its claims with data from Co-op’s research. However, it could benefit from more analysis or context about the broader trends in e-commerce and quick commerce market.
Financial Relevance: Yes
Financial Markets Impacted: Co-op’s 24-hour delivery service may impact the convenience retail industry and online grocery market
Financial Rating Justification: The article discusses Co-op’s new 24-hour delivery service, which could affect the competition in the convenience retail and online grocery markets. This may lead to changes in demand for similar services from other companies and potentially impact their financial performance.
Presence Of Extreme Event: No
Nature Of Extreme Event: No
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the article.

Reported publicly: www.retailsector.co.uk