Major UK supermarket on brink of administration with 300 stores at risk
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A leading UK supermarket has warned it could collapse into administration, leaving thousands of jobs at risk. Southern Co-op says three years of financial losses means it is now on the brink of insolvency. The regional giant operates more than 300 supermarkets , funeral homes, and coffee branches across the south of England - with all at risk of closing unless it merges with the national Co-op Group. The company's chair and chief executive have written to members advising that the proposed
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