All Co-operative Group articles – Page 2
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NewsCo-op backs controversial Labour business rates raid on supermarkets
C-store specialist the Co-op has backed the controversial government plans to increase business rates for supermarkets and department stores, saying it will “support local shops”.
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Opinion‘If cyber criminals strike, you’d better know how to use pen and paper’
There was great news today as suspects were arrested over cyber attacks on retailers. But there’s no doubt such attacks will continue and there were practical cyber crime takeaways for retailers from this week’s select committee hearing, where M&S directors shared their experience
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NewsArrests made over M&S and Co-op cyber attacks
The police have arrested four people in connection with the hacking of Marks & Spencer, the Co-op and Harrods.
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News‘Did you pay a ransom?’ MPs ask M&S and Co-op bosses at cyber attacks hearing
Directors of the Co-op and Marks & Spencer were asked today whether or not they had paid any ransom after each was hit by cyber-criminals.
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NewsM&S chair Norman to be quizzed by MPs about cyber attack
A parliamentary sub-committee is to question Marks & Spencer chair Archie Norman and other retailers about the recent high-profile hacks.
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Innovation of the WeekJust Eat launches white-label delivery service with the Co-op
Innovation of the Week is a series highlighting retail initiatives that have caught the eye of our team. Every week, we bring you new ideas and case studies across consumer, technology, sustainability, economy, policy and industry.
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NewsCo-op to stop sourcing from 17 countries including Israel
The Co-op has today announced that it will stop sourcing products from 17 “countries where there are internationally recognised community-wide human rights abuses and violations of international law”.
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NewsCo-op secures new £350m lending agreement
The Co-op has today announced a new £350m lending agreement with six major banks, which it says reflects “strong market confidence” in the retailer.
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NewsCo-op launches promotion to thank customers for support after cyber attack
The Co-op has today launched a promotion for members to “express gratitude” to those “who have shown their support to the business” while it dealt with the disruption of a cyber attack.
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NewsCo-op systems making progress towards ‘complete recovery’ following cyber attack
Co-op is making “significant progress towards a full and complete recovery” following a cyber attack that hit the retailer last month.
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NewsCo-op to roll out smart electronic shelf labels
Co-op is deploying smart electronic shelf labels across its nearly 2,400 UK stores in place of paper labels.
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NewsCyber attacks hit consumer trust in online payments
The majority of UK shoppers have said reports of cyber breaches involving British retailers such as M&S and Co-op are affecting their trust in online payments.
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NewsCo-op members vote to cease all trading with Israel
Members of the c-store specialist called on the retailer’s board to “demonstrate fairness and consistency with its ethical decision-making” at the AGM over the weekend.
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NewsCo-op promises improved availability as it enters ‘recovery phase’ after cyber attack
Co-op has promised customers they will see better availability by the weekend, as it enters what it called the “recovery phase” following the “malicious third-party cyber attack” which has laid its systems low for weeks.
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Chart of the WeekMarks & Spencer cyber attack could have £40m weekly sales impact
A new estimate from the Bank of America (BofA) suggests the cyber-attack could be costing the retailer over £40m per week.
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Opinion‘Stores may mitigate M&S’ cyber disruption, but shoppers’ omnichannel expectations bring risk’
About a third of M&S’ clothing sales are online and shoppers are unlikely simply to switch to in-store purchasing as a cyber incident continues, believes Retail Week executive editor George MacDonald
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NewsCo-op pauses deliveries of non-essential items as cyber attack crisis deepens
C-store specialist the Co-op has reportedly told suppliers to pause deliveries of non-essential items, as the fallout from last week’s cyber attack drags on.
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NewsCo-op diverting supplies to rural areas as it battles cyber-attack triggered shortages
The c-store specialist is diverting food and drink supplies to remote stores to avoid communities being cut off as it battles availability issues as its cyber attack nightmare drags on.
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NewsCo-op cyber attack more extensive than initially reported
The cyber attack against Co-op is significantly more severe than the company first acknowledged.
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Chart of the WeekData: How often do retailers report cyber attacks?
Luxury department store Harrods joined the list on Thursday of retail companies dealing with ongoing cyber attacks, prompting fears that the wider retail sector was becoming a target