Published 09/25/2024 7:38:15 a.m.

Co-op Group returns to profit in first half of 2024

Summary by RTÉ

The UK's Co-operative Group has laid bare the rising impact of shoplifting as it said the cost of crime in its stores surged by nearly a fifth to £40m in the first half of the year alone.

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The Independent

Co-op returns to profit despite hit from rising wages and shoplifting

The retail-to-funerals business reported pre-tax profits of £58 million for the first six months of 2024, against losses of £33 million a year ago.

09/25/2024 6:32:30 a.m.·London, United Kingdom

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Manchester Evening News

Co-op returns to profit despite taking hit from rise in shoplifting

The retail-to-funerals business reported pre-tax profits of £58 million for the first six months of 2024, against losses of £33 million a year ago

09/25/2024 7:27:06 a.m.·Manchester, United Kingdom

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RTÉ

Co-op Group returns to profit in first half of 2024

The UK's Co-operative Group has laid bare the rising impact of shoplifting as it said the cost of crime in its stores surged by nearly a fifth to £40m in the first half of the year alone.

09/25/2024 6:24:55 a.m.·Ireland

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Shropshire Star

Co-op reveals cost of shoplifting surges by nearly a fifth

The Co-operative Group has laid bare the rising impact of shoplifting as it said the cost of crime in its stores surged by nearly a fifth to £40 million in the first half of the year alone.

09/25/2024 7:38:15 a.m.·Ketley, United Kingdom

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Wales Online

Cost of shoplifting surges by nearly a fifth

Despite precautions such as body-worn cameras, fortified kiosks and a change in the law, shoplifting continues to rise

09/25/2024 8:22:49 a.m.

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Sky News UK

Theft and fraud costs Co-op Group nearly £40m in just 6 months

To clamp down on stealing, Co-op began trailing AI theft detection technology. The company's interim results also said it will open 120 new shops by the end of next year.

09/25/2024 8:49:00 a.m.·United Kingdom

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