Supermarkets
Co-op returns to profit in H1 despite rise in shoplifting
It stated that its naming rights sponsorship of the new Co-op Live venue in Manchester, which opened in May, directly resulted in 54,000 new member-owners joining in H1
Co-op has returned to profit in its half-year results, posting a pre-tax profit of £58m for the half year ended 6 July 2024, up from a loss of £33m in the same period last year.Alongside this, the company reported a small increase in revenues, which rose to £5.6bn, up from £5.5bn in the same period last year.
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