Thomas Cook’s retail joint venture with The Co-operative Group has turned a profit of £6m - despite its travel agency business posting a multi-million pound operating loss.
Although as a listed company Cook is required to report quarterly figures for the group, the finer details are to be found in separate subsidiary accounts filed at Companies House.
When the deal was announced back in 2010 many in the industry questioned the strategic value, and it now receives little publicity, with many of the original architects having departed the company.
