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Supermarket loyalty schemes offer genuine savings - CMA

British supermarket prices offered through loyalty schemes provide genuine savings, the competition regulator ruled today, providing a boost to the major players who are increasingly relying on them to attract shoppers.

Business • 27 Nov 24

Co-Op today reported a profit before tax of £28m for 2023, compared with £268m for the previous year

UK's Co-op profit falls sharply amid stiff competition

Co-op, which runs Britain's seventh-biggest supermarket chain, has today posted a steep drop in annual pretax profit following the sale of its petrol forecourt business, and amid growing competition among retailers.

Business • 04 Apr 24

Micheal O'Kelly (Arrabawn's Chief Financial Officer) Edward Carr (Chairman) and Conor Ryan (CEO)

Arrabawn's revenue and earnings rise as debts fall

Arrabawn Co-Op saw record revenues for 2021 after a 20% increase in turnover for the year, its annual report shows today.

Business • 21 Apr 22

A shortage of lorry drivers is a major factor in the problem

UK supermarkets warn of possible Christmas shortages

UK supermarkets could see food shortages at Christmas due to Brexit-related supply chain disruption, the chairman of Tesco has warned.

Business • 25 Aug 21

Kerry Group announced a strategic review of its dairy production and consumer food assets in February

Kerry Group suspends transaction talks with co-op

Kerry Group has said negotiations with Kerry Co-Op over a potential transaction involving its dairy-related businesses in Ireland the UK have been suspended.

Business • 15 Apr 21

Donal Tierney, chief executive of Aurivo, said the co-op reported a strong and resilient set of results for 2020 despite Covid-19

Aurivo reports record revenues despite Covid-19

Co Sligo-based co-op Aurivo has reported an increase in revenues and operating profits for 2020 despite the "uniquely challenging year" due to the global Covid-19 pandemic.

Business • 15 Apr 21