All Co-operative Group articles – Page 3
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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
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NewsConsumer confidence in Marks & Spencer dented by cyber attack
The cyber attack on Marks & Spencer has knocked confidence in the famous retailer, but underlying trust remains strong.
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NewsCo-op staff ordered to keep cameras on in meetings to deter hackers
Staff at the Co-op are being ordered to keep cameras on during remote work meetings, and to verify attendees, as the c-store specialist deals with an ongoing cyber attack.
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NewsTop security body urges retailers to act following Marks & Spencer cyber attack
The UK’s leading cyber security agency has advised retailers to take action to protect themselves as Marks & Spencer continues to suffer disruption following an attack.
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AnalysisM&S cyber attack: What happened and what can retailers learn from it?
Over a week has passed since Marks & Spencer was first hit by what they called a “cyber incident” on Easter Monday, causing issues with click-and-collect services and contactless payments
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NewsCo-op Wholesale strikes multi-year partnership with Roadchef
The Co-op’s newly rebranded wholesale arm has today announced a new, multi-year contract with motorway service area operator Roadchef.
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NewsCo-op ready to ‘stand and fight’ against inflationary pressures
The Co-op says the work it has done over the last few years to offset costs and strengthen its balance sheet means it’s now ready to “stand and fight” in any potential price war.
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NewsCo-op profits soar as it targets growth despite rising costs ahead
C-store specialist the Co-op’s profits have rocketed for the full year as it hails strategic progress and “right-sizing” of business starting to pay off.