Articles by James Davey and Paul Sandle

Co-op Is Latest British Retailer to Be Hit by Cyberattack

Britain’s Co-op Group said on Wednesday hackers had attempted to break into its systems, the second high-profile cyber attack on a major UK retailer in as many weeks, following an ongoing incident at Marks & Spencer. The Co-op, which is …

Theft and Violence in UK Retail Soar to Record Levels, Survey Shows

Theft and violence against retail workers in Britain soared to record levels last year and are “out of control,” driven partly by criminal gangs, according to a report published on Thursday. Industry body the British Retail Consortium’s annual crime survey …

UK Online Grocer Ocado Warns of Sales Hit from Fire at Robotic Distribution Center

A huge fire at Ocado’s flagship robotic distribution center will hit sales growth, the British online supermarket pioneer warned on Wednesday, sending its shares sharply lower. Around 20 fire engines and 200 firefighters were called to the blaze at the …

UK Regulator to Probe Personal Lines Providers for Overcharging Customers

Telecoms and financial services companies face an investigation by Britain’s competition regulator after consumer body Citizens Advice complained that customers who do not switch providers were being “ripped off” . Such customers were being overcharged 4.1 billion pounds ($5.2 billion) …

UK Supermarket Group Tesco Faces Potential Equal Pay Claims of Up to $5.6B

Supermarket group Tesco is facing a potential bill of up to 4 billion pounds ($5.6 billion) in a record equal pay claim involving mainly women workers at its British stores, according to the law firm pursuing the case. If the …

Europe Weather Ruins Christmas for Airlines, Retailers

Snow and freezing temperatures grounded flights across northern Europe on Tuesday, while retailers fretted they would struggle to make up sales lost due to bad weather with just four shopping days to Christmas. Eurocontrol, the umbrella group for air-traffic control …