All Co-operative Group articles – Page 38
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NewsCo-op Group bolstered as RBS troubleshooter appointed to help with restructure
One of the Co-operative Group’s largest lenders, Royal Bank of Scotland, has parachuted in its top troubleshooter to help the struggling group restructure.
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AnalysisAnalysis: Is it curtains for The Co-op unless it reforms?
As the Co-operative’s interim boss Richard Pennycook unveiled of The Co-operative’s catastrophic £2.5bn loss he took the opportunity to urge boardroom reform at the beleaguered mutual.
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NewsThe Co-op to quit 60% of Somerfield stores as it bids to rebuild reputation
The Co-operative Group is to exit 60% of the Somerfield stores it acquired just five years ago as it seeks to refocus and rebuild its reputation
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AnalysisAnalysis: The 'ungovernable' Co-operative Group structure
The Co-operative Group has been cricised for its complex and unique three-tiered structure based around elected members. After it revealed £2.5bn losses today Retail Week examines the structure.
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AnalysisAnalysis: Where next for the Co-op’s food retail business?
Food accounts for the lion’s share of the Co-operative Group’s sales but it has been affected by the wider problems at the business.
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OpinionComment: The future of The Co-op lies in its past
The Co-op group continues to struggle, and rather than acting as one of the big boys, it must take a stance which greater reflects that set out by the Rochdale Pioneers 170 years ago.
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NewsCo-op reports 'disastrous' year as losses balloon to £2.5bn
Crisis-hit Co-operative Group has reported a group comprehensive loss of £2.5bn after a “disastrous” year.
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AnalysisAnalysis: Amazon has become the flag-bearer in fulfilment
Thanks to the Japanese principle of Kaizen, etail giant Amazon sets the bar in delivery at its Hemel Hempstead fulfilment centre.
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NewsCo-operative Group subcommittee meets to draw up reforms
A subcommittee for the Co-operative Group has met to push through an agreeable set of reforms for the mutual after Lord Myners’ recommendations were met with tough opposition from members.
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OpinionComment: Action not words is needed to save the Co-operative
The civil war at the Co-op is a tragedy, many believe. Perhaps a better word would be disgrace.
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AnalysisPeople: The seven biggest retail job moves in March
The turmoil at the Co-op hasn’t abated since former boss Euan Sutherland left the business in March. Here’s what it means for the business, and other high profile moves last month.
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OpinionComment: The Co-operative Group needs to tame its unwieldy nature
Last week the Co-operative Group came under the spotlight again as Lord Myners, the man brought in to reform the businesses, resigned.
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NewsBreakfast briefing: Retail news on Cath Kidston, Morrisons, House of Fraser, Tesco and more
Retail news round-up on April 14, 2014: Uniqlo owner Fast Retailing eyes bid for Cath Kidston, Morrisons chairman faces investor pressure to step down, House of Fraser could open up to 50 stores in China and more
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NewsAsda outperforms big four, Nielsen reports
Asda was the best performing of the big four grocers as Tesco and Morrisons continued to struggle, the latest Nielsen data showed.
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NewsCo-operative Group must put its house in order urges shopworkers’ union as job fears grow
Shopworkers’ union Usdaw has urged an end to the civil war at the Co-operative Group as fears of job losses grow among staff demoralised by instability at the mutual.
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NewsLord Myners quits The Co-op board as reform opposition mounts
Lord Myners, the man brought in to reform the troubled Co-operative Group, has resigned from its board as opposition to his proposals mount within the mutual.
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NewsBreakfast briefing: Retail news on The Co-operative Group, Marks & Spencer and Ocado
Retail news round-up on April 10, 2014: Lord Myners resigns from Co-op board, M&S reaffirms its commitment to China and Ocado to shun partnerships for the next two years.
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NewsMidcounties Co-op board rejects Lord Myners Co-op Group reform plans
The Midcounties Co-op board has rejected Lord Myners’ proposals to reform the scandal-hit Co-operative Group.
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NewsAldi achieves record growth while big four grocers suffer sales decline
The big four grocers are continuing to lose market share while Aldi has notched up record growth, the latest Kantar industry data showed.
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NewsThe Co-operative to open 50 stores in former pubs
The Co-operative Group is to open more than 50 convenience stores in former pubs after signing a deal with retail property group NewRiver.