Tesco sheds its value stripes in UK rebranding April 4, 2012 TESCO has scrapped its blue-and- white striped Tesco Value range of products in favour of a new updated brand, as chief executive Philip Clarke continues to shake up the business in an attempt to revive UK sales. The Everyday Value range, made up of 550 products, will feature more colourful and “softer” packaging compared with [...]
Sainsbury’s new marketing man August 10, 2011 Sainsbury’s has appointed Mark Horgan, currently the managing director of MasterCard’s Access Pre-paid Worldwide subsidiary, as its new marketing director. In his role at Sainsbury’s, Horgan will lead customer insights and loyalty, brand communications and non-food marketing. It is expected that Horgan will start in his new position within the next six months. Marketing strategy [...]
FTSE SUFFERS BIGGEST FALL IN TWO WEEKS March 20, 2012 BRITAIN’S top share index suffered its sharpest fall in two weeks yesterday, as concerns over materials demand in top consumer China hit commodities-linked sectors, marring a rally that had been part-driven by hopes for improving global growth. The benchmark FTSE 100 index closed down 69.7 points, or 1.2 per cent, at 5,891.41, having rallied more [...]
Donor dinners: who’s been supping with the PM March 26, 2012 THE CONSERVATIVES yesterday published a list of large donors who have attended dinners at the Prime Minister’s official residences since the coalition was elected in 2010. Tory co-treasurer Peter Cruddas resigned on Sunday after being caught suggesting that big donors could influence Number 10 policy. Meetings between large donors and leaders of political parties are [...]
Tesco keeps on losing share to cut price rivals February 29, 2012 LEADING supermarket Tesco failed to increase sales as quickly as its rivals in the last 12 weeks, data out yesterday showed, while leaked documents showed the Co-op is well behind its sales targets already this year. Tesco’s sales rose 2.5 per cent in the 12-week period ending 19 February, compared with the same period last [...]
Rothschild-backed renewable energy group Tamar planning to raise £65m February 22, 2012 FINANCIER Jacob Rothschild’s London-listed RIT Capital Partners, Sainsbury and the Duchy of Cornwall are among a group of investors who plan to invest more than £65m in a clean technology start-up focused on producing energy from organic waste matter. The new company, Tamar Energy, will develop a network of around 44 anaerobic digestion plants to [...]
Debt consolidation hits £1.5bn February 13, 2012 Consumers are set to borrow £1.5bn for debt consolidation in the thirst three months of 2012, according to data out yesterday from Sainsbury’s Finance. The 157,000 loans account for almost one in three of all unsecured loans taken out in the period, and average £9,800 each. “For those who perhaps have balances on credit cards [...]
THE TIPSTER March 19, 2012 THE management statement from Punch Taverns later today should allow investors to decide whether the glass is really half full or half empty for the pub chain. Last year saw a de-merger and a run of poor results, and the share price in the first quarter of 2012 hasn’t seen much movement at all – [...]
Morrisons profit up – but predicts tough 2012 March 8, 2012 Britain’s fourth-biggest grocer Wm Morrison said the UK grocery market was likely to remain subdued in the coming year despite easing inflationary pressures as it posted a eight per cent rise in year profit. “We expect a challenging year in 2012,” the firm said on Thursday, adding that it still expected to deliver profitable growth. [...]
Your guide to a four day fiesta of royally good fun May 31, 2012 London is culturally overwhelming any weekend of the year. For the Queen’s Diamond Jubilee, however, the city has truly pulled out the stops. It’s a four day bonanza that combines state pomp with cultural entertainment and lots of partying – in the way that only the British can pull off. Whether you fancy joining in [...]