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The Co-operative Group

Supermarket rivals line up for Iceland sale

Some of Britain’s biggest retailers are preparing to look over Iceland Foods, if the sale of a majority stake in the frozen food retailer triggers an auction for the entire value supermarket chain. Wm Morrison is expected to be...

Over 500 new partners to join Waitrose as co-owners

British food & grocery retailer Waitrose has announced the acquisition of five shops from The Co-operative Group, which results in 500 new employees joining the business.The retailer, which is part of the John Lewis Partnership, has entered into an...

ProLogis to develop over one million sq ft in UK for Marks & Spencer

ProLogis, the world's largest owner, manager and developer of distribution facilities, announced that it will develop a new, 1.1 million-square-foot distribution facility for Marks & Spencer, a leading fashion, food and home products retailer in the United Kingdom. "Marks &...

Co-op to sell 107 Somerfield stores

The UK-based Co-operative Group is understood to have appointed Credit Suisse to manage the sale process of 107 Somerfield stores. According to The Daily Telegraph, bankers at Credit Suisse have asked for preliminary proposals from potential bidders to be submitted...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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