Co-op warns 150,000 jobs at risk ahead of Autumn Budget Retail The Co-op has warned that 60,000 small shops and 150,000 jobs could be lost without business rates reform in next month’s Autumn Budget. The Manchester-headquartered group has said Britain’s high streets “face a critical moment” and that Chancellor Rachel Reeves needs to announce “maximum” business rates relief on 26 November. The call comes after City [...]
UK unveils cyber security war chest after M&S and Co-op attacks Tech The UK government has launched a £16m war chest with the aim to accelerate growth in the country’s cyber security industry in the wake of high-profile attacks against the likes of M&S, the Co-op and Harrods in recent months. Unveiling the funding, the Department of Science, Innovation and Technology (DSIT) said the cyber growth action [...]
The Co-op fights attempted hack as M&S cyber attack rages on Retail The Co-op has been forced to shut off parts of its IT systems after it was confronted with an attempted hack. The Manchester-headquartered group has confirmed some of its back office and call centre services have been impacted. However, it added that all its stores, including grocery and funeral homes are trading as usual. A [...]
The Co-op admits blocking rivals from opening competing stores March 5, 2025 The Co-op has become the latest major UK supermarket to fall foul of a targeted campaign by the Competition and Markets Authority (CMA) to stop the use of ‘unlawful land agreements’ in grocery retailing. The group has admitted to 107 breaches of an order to stop supermarkets imposing restrictions that block rivals from opening competing [...]
Nisa sales rise after Just Eat launches home delivery service June 27, 2024 Groceries wholesaler Nisa Retail has seen its revenue tick up after its parent company The Co-operative Group partnered with Just Eat to offer home delivery.
Co-op boss Shirine Khoury-Haq quits Persimmon board role to focus on day job April 30, 2024 The chief executive of The Co-operative Group has quit her role at house builder Persimmon.
Co-op’s revenue ticks down but group looks forward to ‘golden era’ of growth April 4, 2024 The Co-op board said it was confident in the group’s outlook for the year, as it steams ahead with plans to target eight million members by the end of the decade.
The Co-op hit by nearly 1,000 shoplifting, abuse, violence and anti-social behaviour incidents every day in 2023 February 8, 2024 The Co-op experienced almost 1,000 incidents of shoplifting, abuse, violence and anti-social behaviour every day across its stores during 2023, new figures have revealed.
The Co-op lowers prices as it eyes ‘golden era’ January 24, 2024 The Co-op has revealed plans to grow its membership to eight million by the end of the decade as it eyes a "golden era of co-operation".