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The Co-Op Group said that supply chain disruptions would put pressure on its full year profit

Co-op warns supply chain disruption to hit profits

UK supermarket group the Co-operative Group has today reported a first half loss and warned the British supply chain disruption would put pressure on full year profit.

Business • 16 Sep 21

The Co-operative Group is set to open over 65 new and extended stores this year

UK's Co-op to create 1,000 jobs in stores expansion

Britain's Co-operative Group said it would open over 65 new and extended stores this year, creating up to 1,000 jobs, as it seeks to capitalise on the popularity of local convenience shopping during the coronavirus pandemic.

Business • 04 Sep 20

The UK's Co-Op supermarket said it is stockpiling essential items like toilet paper, long life cans and water

Brexit - no worries for loo roll but fruit could be hit

Britain is unlikely to run out of essentials like toilet paper in the event of a no-deal Brexit but some fresh fruit and vegetables could be in short supply and prices might rise, supermarket bosses warned today.

Business • 12 Sep 19

The Co-op is Britain's sixth largest supermarket group, with a market share of 6.6%

UK's Co-op profit rises on strong food performance

The Co-Operative, Britain's sixth largest supermarket group, said today it could not guarantee shortages of some food products would be avoided in the event of a "no deal" Brexit.

Business • 14 Sep 18

Britain's Co-Operative Group sees 48% slump in half yearly profits

Co-Operative Group profit hit by member reward scheme

Britain's Co-Operative Group, the mutually-owned supermarkets to funeral services group, today reported a 48% fall in underlying first-half profit.

Business • 21 Sep 17

The Co-Operative Bank's troubles drag its parent group into a loss

Co-operative Group writes off stake in struggling bank

The Co-operative Group has posted its first annual loss since 2013 after falling into the red by £132m as it wrote off the value of its stake in the troubled Co-operative Bank.

Business • 06 Apr 17

Richard Pennycook's basic pay will drop to £750,000 for the year starting on July 1, from £1.25m

CEO of Co-Op takes 60% pay cut on reduced workload

The chief executive of Britain's Co-Operative Group will take a 60% pay cut as his workload has eased since the supermarkets-to-funerals group overcame a financial crisis two years ago, the mutual said today.

Business • 07 Apr 16

C-Operative Group managed to reduce its net debt from £1.4 billion to £808m

Co-op returns to profit after rescue plan

Co-Operative Group, the supermarket to funerals operator that came to the brink of collapse in 2013, said it had returned to profit last year thanks to a rescue programme.

Business • 09 Apr 15

The Co-Operative Group posted first-half underlying profit of £66m today

Troubled Co-op posts fall in first-half profit

The Co-operative Group posted a 43% fall in first-half underlying profit but said it could face the future with greater confidence.

Business • 04 Sep 14

The Co-op reported a £2.5 billion loss last year following the worst period in its 150-year history

Co-op Group announce radical governance reforms

The Co-op Group has put forward detailed proposals for governance reforms that it has said are necessary to secure its future.

Business • 08 Aug 14

Co-op Bank to raise £400m of extra capital through the issue of new shares to cover the cost of past misconduct

Co-op Group's grip on bank loosens

Britain's Co-operative Group will cede more control of the Co-op Bank following the bank's latest fundraising, with its stake expected to fall to 20%.

Business • 09 May 14

Paul Flowers stepped down as Co-Op Bank last June after reports of drug abuse

Former UK bank chief fined for drugs possession

Paul Flowers, the former chairman of Britain's embattled Co-operative Bank, was fined today after admitting possession of cocaine and crystal meth.

Business • 07 May 14

The losses come on the back of the near-collapse of the Co-operative Group's banking arm

Britain's Co-Op Group announces £2.5bn annual loss

Britain’s Co-operative Group has announced annual losses of £2.5 billion after suffering the worst crisis in its history following the near-collapse of its banking arm.

Business • 17 Apr 14

Co-Operative Group's results cover a 12-month period in which it has faced the worst crisis in its history

Co-Op Group delays publication of results

The embattled Co-operative Group is to delay the publication of annual results that are widely expected to reveal losses of £2 billion.

Business • 19 Mar 14

Co-operative Group's CEO says the business is 'ungovernable'

CEO of Britain's Co-Op Group resigns

Britain's Co-operative Group has announced the resignation of chief executive Euan Sutherland, throwing the troubled mutual into a fresh crisis.

Business • 11 Mar 14

Co-Operative Group now won't sell its general insurance business

Co-op Group scraps general insurance sale plan

Britain's Co-operative Group has scrapped the sale of its general insurance business.

Business • 20 Jan 14

The Co-operative Group was hit last year by a capital crisis at its banking unit

Co-op says food store sales on the rise

Britain's troubled Co-operative Group posted a 1% rise in like-for-like sales in its Christmas quarter.

Business • 08 Jan 14

Lloyds' deal for 600 branches collapses

Lloyds Banking Group's sale of more than 600 branches to the Co-operative Group in the UK has collapsed.

Business • 24 Apr 13

Tesco's frozen burger contract is thought to be worth around €15m annually to Silvercrest

Silvercrest loses three contracts over horse meat

Silvercrest Foods has lost its contract with Tesco, Aldi and the Co-operative Group in the UK for the supply of frozen beef burgers, in the wake of the horse meat controversy.

News • 31 Jan 13

Co-Operative Group