Tuesday, January 30, 2007

Hands OFF our suppermarkets



Report by Jon Ashworth

The Business

27 Jan 2007



THE British love a good moan. They complain about everything: the weather, the trains, illegal immigrants, Big Brother, house prices and the health service. Where would the fun be in life without something to whinge about? The big supermarket chains... read more...

Boots moves into China in joint venture with drug wholesaler

Boots moves into China in joint venture with drug wholesaler

Phillip Inman and Fiona Walsh

The Guardian

30 Jan 2007



Alliance Boots, the Nottingham-based health and beauty firm, yesterday made its first move into China in a joint venture deal with Guangzhou Pharmaceuticals Corp (GP), China’s third-largest drugs wholesaler. The British company said it agreed to form... read more...

Thursday, January 25, 2007

Wal-Mart shuffles marketing staff

Wal-Mart shuffles marketing staff

By Gary McWilliams

The Wall Street Journal Europe

25 Jan 2007



Wal-Mart Stores Inc. is shuffling its senior marketing staff, and more changes are likely as the world’s biggest retailer tries to reignite sales growth following a series of stumbles last year. The Bentonville, Arkansas, retailer named John Fleming,... read more...

Monday, January 22, 2007

Political risk is flourishing Tesco’s only fear

Political risk is flourishing Tesco’s only fear

TEENA LYONS

The Business

20 Jan 2007



IF Tesco were any other company, the news of another bumper sales performance would have been greeted with enthusiasm in the City. But the markets now take its good results for granted, and are worried that by doing so well Britain’s largest retailer... read more...

Thursday, January 18, 2007

Booming demand for premium lines makes Tesco another Christmas winner

Booming demand for premium lines makes Tesco another Christmas winner

Julia Finch City editor

The Guardian

17 Jan 2007



Tesco has once again cranked up its pace of growth, raking in better-than-expected Christmas sales. The UK’s biggest retailer yesterday said like-for-like sales (lfls) in the six weeks to January 6 were up 5.9% — ahead of the 5.6% the grocer reported... read more...

Friday, January 12, 2007

Sainsbury posts 5.8% sales jump

Sainsbury posts 5.8% sales jump



The Wall Street Journal Europe

12 Jan 2007



British supermarket chain J Sainsbury PLC posted a 5.8% jump in fiscal third-quarter sales from a year earlier, further evidence that the U.K.’s top supermarkets performed better than most retail sectors over the holidays. Chief Executive Justin King... read more...

Monday, January 08, 2007

Marks & Spencer staff share £56m bonus

Marks & Spencer staff share 56m bonus

Angela Balakrishnan

The Guardian

08 Jan 2007



Staff at Marks & Spencer will enjoy a 56m windfall thanks to the company’s shareowning scheme. The retailer said yesterday that an estimated 12,000 employees, mainly shopfloor staff, will receive between 1,000 and 45,000 from their investments in... read more...