Find in the news:
BY COUNTRY

Voting for Co-Op Group to overhaul governance



Members of the Co-Operative Group Ltd have voted for an overhaul of the governance structure of the company.
This comes after the group suffered its worst crisis in 150 years, with an annual loss of £2.5billion.

Members approved the proposals for an elected board of directors, a system based on ‘one member, one vote’ and stringent rules as protection against demutualisation, BusinessWeek says.

The proposals were recommended by Paul Myners, a former UK Treasury Minister.  He warned that the group was in urgent need of governance change or it may run out of funds.
 
The group is involved in various business ventures, from supermarkets to funeral parlours and since it was necessary for it to bail out its banking unit due to compensation, bad loans and restructuring, it saw a decline.

The group has around 8 million members and 80000 employees.  It dumped a plan to purchase 630 Lloyds Banking Group Plc branches as its capital problems started emerging and the report from Myners stated that the board did not have adequate experience. After the vote, a sub-committee will commence writing new rules based on the new principles.


More about shopping malls in the United Kingdom



DAY BEFORE YESTERDAY, France:
Les Ateliers Gaîté projects to be based in central Paris and La Part-Dieu in Lyon, France.
Nov 15, 2017, Serbia:
Ada Mall will be the first shopping mall of the newest generation in Belgrade, Serbia.
Nov 14, 2017, Russia:
The FORT Group is acquiring the entire retail portfolio in Moscow from IMMOFINANZ in a share deal.
Nov 13, 2017, United Kingdom:
Haribo has chosen London Designer Outlet (LDO) for its first outlet store in the UK.
Nov 9, 2017, USA:
The company begins $186 million redevelopment of the former Hylan Plaza shopping center.
Nov 8, 2017, USA:
A new feature lets customers visualize online products in their own living space.
Friend
and Follow
Designer Outlet Provence GLA:269 098 SF
ADDRESS: Mas de la Peronne, Miramas, France
France . Miramas
Designer Outlet Provence
Shopping City Süd GLA:1 862 156 SF
ADDRESS: Europaring 2334 Vösendorf
Austria . Vienna
Shopping City Süd
Central Children's Store GLA:370 192 SF
ADDRESS: Teatralnyi proezd, 5
Russia . Moscow region
Central Children's Store
Adigeo GLA:452 084 SF
ADDRESS: Verona city center
Italy . Verona
Adigeo


Edit text

Dear visitor!
If You wish to add appropriate information to this description, please make changes in the text below and they will take effect after being verified by Malls.com administrator.

SAVE CHANGES
ADD PHOTO

Dear visitor!
If you desire to add more photos to this description, please upload them and they will appear on the page after being verified by Malls.com administrator.

CHOOSE PHOTOS
SAVE CHANGES
Sign in Malls.com
Sign in please, if you already have an account

Registration



Error filling
Error filling
Error filling
Error filling
Thank you!
You will receive e-mail with registration data shortly. In email you'll find link, confirm your account by clicking on it, please.

Malls.com Team
Thank you for message!
In the near future you will be contacted the manager
for further details.

Malls.com Team
Good mall, bro!
In the near future you will be contacted the manager
for further details.

Malls.com Team
We are dissatisfied with you :-(
In the near future you will be contacted the manager
for further details.

Malls.com Team

Write to us