Co-op

Co-op staff report safety fears over lone working

Co-op staff have warned that the supermarket is endangering their safety by leaving too few workers on duty, with some reporting threats while working alone, according to a report by The Guardian. Despite a rise in shoplifting, employees in smaller stores said they are sometimes the only person available to…

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Co-op secures £350m sustainability-linked loan from six banks

Co-op has secured a £350m loan facility from a syndicate of six major banks, in a deal that ties borrowing rates to environmental and social impact targets. The lenders include HSBC UK, Barclays, ING, Lloyds, NatWest and Rabobank, a Dutch co-operative bank. NatWest acted as facility agent and mandated lead…

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Co-op launches ‘thank you’ initiative after cyber attack disruption

Co-op has launched a week-long initiative to thank members for their support during what it described as a “challenging period” following a recent cyber attack. From 18 June, members of the UK convenience retailer can claim £10 off when they spend £40 in store. The offer runs until 25 June…

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Co-op ‘nearing recovery’ following cyber attack, says CEO

The boss of Co-op has said the company is “nearing recovery” following a major cyber attack earlier this year.  In a post on LinkedIn, CEO Shirine Khoury-Haq confirmed that the group’s systems were “now stable”, noting there was “still work to do to unwind the operational and technical impacts of…

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North Face and Cartier customer data stolen in cyber attacks

North Face and Cartier have become the latest retailers to see customer data breached in cyber attack incidents. VF Corporation, the owner of North Face, wrote to some customers to inform them of “unusual activity” discovered last month, which was investigated “immediately”. It told customers that the attacker could have…

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Asda Q1 revenues fall 5.9% to £5bn

Asda has seen its total revenues fall 5.9% year-on-year to £5bn, excluding fuel, for the first quarter to 31 March, but revealed that it is seeing “green shoots” in its sales performance.  While like-for-like sales during the period declined by 3.1%, this represents a 1.1% improvement on the fourth quarter…

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Adidas customer data stolen in cyber attack

Adidas has confirmed that it was hit by a cyber attack last week, stating that an external party obtained consumer data through a third party customer service provider.  The German sportswear giant claimed that the affected data did not contain passwords, credit card details or any payment related information, but…

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Today’s news in brief-23/5/25

Tesco UK CEO Matthew Barnes has stepped down after just one year in the role to pursue other opportunities. He will be replaced by Ashwin Prasad, Tesco’s current chief commercial officer, from 30 June. Prasad brings extensive retail experience, having been part of Tesco’s executive team since 2020. Meanwhile, Natasha…

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Co-op to roll-out smart electronic shelf labels

The Co-operative Group (‘Co-op’) has partnered with VusionGroup to replace paper shelf edge labels in store with electronic shelf edge labels, across its store estate. The convenience retailer is working with VusionGroup to roll-out the innovative technology across its near 2,400 stores. It said the electronic labels will offer enhanced clear, accurate and transparent product…

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Supermarket chains are betting big on small stores

Asda plans to open 25 new convenience stores between June and December, having only opened 12 last year. As part of its latest turnaround strategy, the retailer is moving faster, cutting deeper, and getting closer to where people live.  It looks like other retailers are doing the same. Tesco, Waitrose…

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