All entries on Co-operative Group across all areas, newest first. tag:eurotrack.ai,2026:en:en/companies/operative 2026-09-23T06:00:00Z Eurotrack tag:eurotrack.ai,2026:73bd8fc3:en 2026-09-23T06:00:00Z

The UK's Co-operative Group confirmed job cuts on 23 Sep 2026 as part of the £200m cost-saving programme it launched this year, without saying how many of its roughly 54,000 staff are affected. Underlying pre-tax losses widened to £92m in the first half (to 4 Jul 2026); the business is still dealing with the fallout of the April 2025 cyber attack and a leadership overhaul (Irish News/PA, 23 Sep 2026). — Source: https://www.irishnews.com/news/uk/co-operative-reveals-jobs-being-cut-under-turnaround-as-losses-widen-W6QKDNFWCZNXTGOZ4X3LVLXT6M/

tag:eurotrack.ai,2026:1b13f062:en 2026-07-30T06:00:00Z

The UK Competition and Markets Authority formally launched its phase 1 merger inquiry on 30 July 2026 into the already completed acquisition of The Southern Co-operative by the Co-operative Group. The deadline for the phase 1 decision runs to 28 September 2026. It was preceded by an invitation to comment on 4 June 2026 and an initial enforcement order on 23 July 2026 barring further integration until the inquiry concludes. The Co-operative Group runs more than 2,300 stores; the Southern Co-operative operates around 173 stores, Starbucks outlets and a funeral business in the south of England. Update (15 Sep 2026): On 15 September 2026 the CMA published its phase 1 decision: the merger may be expected to result in a substantial lessening of competition — in convenience grocery retail in nine local areas where the two societies overlap, and in funeral services (pre-paid and at-need) in one further area. The parties have until 22 September 2026 to offer undertakings in lieu; if none are offered, or the CMA finds them insufficient, it will refer the merger for an in-depth phase 2 investigation (Talking Retail, 15 Sep 2026). Update (29.09.2026): The CMA provisionally considers the undertakings offered by the Co-op Group – the sale of 15 convenience stores and two funeral homes – suitable to resolve its concerns; after consultation and a review of the buyers, the deal could be cleared without a phase 2 investigation (Talking Retail, 29.09.2026). — Sources: https://www.gov.uk/cma-cases/co-operative-group-slash-southern-co-operative-merger-inquiry · https://www.talkingretail.com/featured/cma-provisionally-accepts-package-for-co-op-southern-co-op-deal-29-09-2026/