Asda sparks off a supermarket petrol price war October 29, 2013 ASDA fuelled a supermarket price war when it unveiled plans to cut petrol prices yesterday, causing other major British chains to quickly follow suit. The budget chain said that from tomorrow it would cut petrol to its lowest price this year, at 126.7p per litre on unleaded and 133.7p per litre for diesel. Sainsbury’s is [...]
Bottom Line: Tesco hopes to charm shoppers February 17, 2013 When Starbucks opened its first stores in Mumbai last October, queues around the Taj Mahal hotel stretched almost to the Gateway of India – the imposing arch on the harbour under which Boris Johnson held a bike-riding photo call a few weeks later. America’s frothy coffee seemed, at the time, to go down much better [...]
Inside Track: My top tip for 2014: Deutsche Post will buy Royal Mail December 18, 2013 IT wouldn’t be the final column of a calendar year without some predictions for the next 12 months. Here are my top three: Royal Mail will complete a journey from being wholly-owned by the UK state to wholly-owned by a German enterprise within little more than 12 months. Deutsche Post won’t get it delivered cheap, [...]
Stobart profits get boost from Autologic buy October 24, 2013 BRITISH haulier Stobart Group’s first-half revenue from continuing operations jumped 33 per cent, helped by its acquisition of Autologic Holdings in mid 2012. The company, whose Eddie Stobart trucks deliver goods to retailers like Tesco, reported an underlying pre-tax profit of £13.8m in the six months ended 31 August, up five per cent from a [...]
Eggsclusive: We use the Walkie Scorchie light beam to fry an egg September 3, 2013 The developers of the Walkie Scorchie skyscraper – aka 20 Fenchurch Street – had hoped their building would be known for its striking design and its blue chip clients. But instead City A.M. has revealed how the building has begun emitting a curious ray of light, started melting cars, set a carpet on fire and cracked [...]
Eggsclusive: We use the Walkie Scorchie light beam to fry an egg | City A.M. September 6, 2013 (Laura Lean/City AM) The developers of the Walkie Scorchie skyscraper – aka 20 Fenchurch Street – had hoped their building would be known for its striking design and its blue chip clients. But instead over the week City A.M. has revealed how the building has begun emitting a curious ray of light, started melting cars, set [...]
Eggsclusive: We use the Walkie Scorchie light beam to fry an egg | City A.M. September 6, 2013 (Laura Lean/City AM) The developers of the Walkie Scorchie skyscraper – aka 20 Fenchurch Street – had hoped their building would be known for its striking design and its blue chip clients. But instead over the week City A.M. has revealed how the building has begun emitting a curious ray of light, started melting cars, set [...]
Eggsclusive: We use the Walkie Scorchie light beam to fry an egg | City A.M. September 6, 2013 (Laura Lean/City AM) The developers of the Walkie Scorchie skyscraper – aka 20 Fenchurch Street – had hoped their building would be known for its striking design and its blue chip clients. But instead over the week City A.M. has revealed how the building has begun emitting a curious ray of light, started melting cars, set [...]
Management: Meet national culture November 20, 2013 A new book argues that cultural values can make or break a corporate strategy AMERICA has long been seen as a graveyard for British retailers. In 2001, Marks & Spencer sold its Brooks Brothers US chain for a third of the price it paid for it. Sainsbury’s bailed out of its Shaw’s business in 2004. [...]
BT executive Liv Garfield joins Tesco board February 13, 2013 OLIVIA Garfield, chief executive of BT’s Openreach, is to join the board of Tesco as a non-executive director, the supermarket giant announced yesterday. Garfield has been with BT since 2002 and head of its superfast broadband division since 2011. Tesco said she will bring “valuable experience of new and emerging technologies” when she joins the [...]