The Global News Hub for Co-operatives
23 May '12

Content about Thomas Cook

Alistair Rowland, Group General Manager of Midcounties Travel Services (left) with Barry Wood, Deputy Chief Executive of Chelmsford Star

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United KingdomCo-operatives launch new travel group in UK

A new Co-operative Movement travel group has been launched by Midcounties Society following the decision of the Co-operative Group and Midlands Co-operative to enter into a ...

(0)Co-operatives, Consumer, Democracy, Social Enterprise

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Global NewsCook confirms 55 Co-op stores among closures - Travel Weekly (UK)

Thomas Cook confirmed its intention to close 115 shops and began consultation with 661 staff threatened with redundancy today. The shops will shut from mid-April, with redundant staff entitled to four weeks notice following the end of a 90-day consultation. Most staff learned of the shop closures today, but some will be informed tomorrow. Thomas Cook said the closures were “all over the UK” and would be split between the Thomas Cook and Co-operative retails chains which merged in ...

(0)Consumer, Democracy, Social Enterprise

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Global NewsCo-op is prodigal with owners' money - London Evening Standard

It is tough shifting expensive products when money is tight. Motor dealers have had a grim couple of years with very few signs that next year will be any better. Indeed insolvency specialists tell me there are renewed signs of financial distress in the sector. Holiday companies have been similarly troubled and none more so than Thomas Cook, which is only with us still thanks to some prompt action last month when its bankers - led by Royal Bank of Scotland - pumped in tens of millions of ...

(0)Business, Social Enterprise
Peter Marks, appointed non-executive director of Thomas Cook

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United KingdomThomas Cook merger complete

Following a year of negotiations, the merger between Thomas Cook and the travel businesses from the Co-operative Group and Midlands Co-operative has been completed.

(0)Banking and Insurance, Co-operatives, Business, Consumer, Social Enterprise
The Co-operative Travel store

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United KingdomThomas Cook merger with co-operative travel businesses complete

Following a year of negotiations, the merger between Thomas Cook and the travel businesses from the Co-operative Group and Midlands Co-operative has been completed.

(0)Co-operatives, Business, Consumer, Democracy, Social Enterprise
Co-operative Group food store

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Global NewsGroup report downturn, but CFS boost results

Co-operative Group Chief Executive Peter Marks has warned that the Group faces another tough year of trading after announcing a drop in underlying profits for the half-year to ...

(0)Co-operatives, Consumer, Social Enterprise

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Global NewsGroup report downturn, but CFS boost results

Co-operative Group Chief Executive Peter Marks has warned that the Group faces another tough year of trading after announcing a drop in underlying profits for the half-year to ...

(0)Financial, Social Enterprise, Economy

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Global NewsTravel deal with Thomas Cook gets go-ahead

Plans to create the UK’s biggest travel retailer by merging Thomas Cook’s 780 high street businesses with 460 Co-operative Travel outlets have been officially ...

(0)Consumer, Democracy, Financial, Social Enterprise, Economy

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Global NewsCo-operative Group's profit increases by 50%

The Co-operative Group has announced a near 50 per cent increase in profits during 2010.

(0)Consumer, Democracy, Financial, Social Enterprise, Economy

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Global NewsCompetition probe into Co-operative Travel deal

The proposed joint venture arrangement involving the Co-operative Group and Midlands Society’s travel businesses and Thomas Cook could be delayed until the end of August after the Office of Fair Trading agreed to ‘fast track’ a Competition Commission inquiry into the deal.

(0)Financial, Social Enterprise, Economy