Retailer says it needs to focus on weaknesses in food business that led to gaps on shelves in its stores<ul><li><a href=”https://www.theguardian.com/business/live/2025/sep/25/co-op-cyber-attack-cost-it-80m-profits-loss-government-support-jlr-suppliers-business-live-news”>Business live latest updates</li></ul>The Co-op has fallen into the red after it suffered an £80m hit to profits as a result of a “malicious” cyber-attack earlier this year.The group, which owns more than 2,000 grocery stores and more than 800 funeral parlours, was <a href=”https://www.theguardian.com/business/2025/apr/30/co-op-forced-to-shut-down-part-of-it-system-after-hack-attempt”>forced to shut down parts of its IT systems in April after it discovered an attempted hack. <a href=”https://www.theguardian.com/business/2025/sep/25/co-op-says-malicious-cyber-attack-has-hit-profits-by-80m”>Continue reading…
First seen on theguardian.com
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