WOULD YOU LIKE A WILL OR DIVORCE WITH THAT? July 28, 2011 WHEN the Legal Services Act was announced last year, it was quickly dubbed the Tesco law, due to rumours it could encourage supermarkets to start offering legal services to their customers. But come Monday the moniker may have to be altered. Despite news this week that the Act could be delayed until the end of [...]
Tesco plans big move into Asia November 8, 2010 TESCO is poised to make a $1bn swoop on Carrefour’s supermarket networks in Malaysia, Singapore and Thailand after the French group’s decision to withdraw from South-East Asia. Carrefour’s planned exit — reportedly to pursue areas where it has market leadership — has drawn a flock of potential buyers as the process enters the second round [...]
High street gloom twice as bad as expected… June 16, 2011 THE plight of the UK consumer returned to the fore yesterday as new official data showed retail sales slumped more than twice as much as anticipated in May. Retail spending dropped off sharply with the end of April’s sunny weather and public holidays, leaving sales down 1.4 per cent in May, or 1.6 per cent [...]
When good news turns out to be bad July 28, 2011 SOMETIMES, it is hard not to be a glass half empty kind of person, even though I always try to see the bright side of life. Take the news yesterday that Britain’s borrowing costs fell below equivalent American rates for the first time in almost two years. The reason, of course, was the US debt [...]
When good news turns out to be bad July 28, 2011 SOMETIMES, it is hard not to be a glass half empty kind of person, even though I always try to see the bright side of life. Take the news yesterday that Britain’s borrowing costs fell below equivalent American rates for the first time in almost two years. The reason, of course, was the US debt [...]
Blacks hires new chief exec as it narrows losses May 4, 2011 BLACKS Leisure yesterday named Julia Reynolds as its new chief executive as the outdoor retailer tries to complete a dramatic turnaround after surviving being on the brink of adminstration. Reynolds has been working as chief executive at lingerie retail website Figleaves.com which was bought by N Brown last year. She has overseen growth of sales [...]
RADIO SILENCE BY SKY BOSS ON MURDOCH BID May 11, 2011 INNOVATION was the theme for BSkyB chief executive Jeremy Darroch at the Institute of Directors’ convention yesterday, where fellow speakers included McDonald’s chief executive Jill McDonald, chancellor George Osborne and shadow chancellor Ed Balls. “The most successful businesses are those that constantly seek to adapt and renew themselves,” said Darroch, as he charted the broadcaster’s [...]
Oil price fall fuels hopes of cheaper petrol May 11, 2011 CRUDE oil prices dropped below $100 a barrel and US petrol futures slumped yesterday, fuelling hopes that UK forecourt prices may fall substantially soon. Crude futures plunged more than five per cent in the week’s second major oil price fall, with light sweet crude for June hitting a low of $97.50 (£59.55). Brent crude traded [...]
Tesco October 5, 2010 SIR Terry Leahy effectively signs off with yet another set of results which shows Tesco is negotiating choppy economic waters in a calm and assured way. While UK sales growth of three per cent is far from stellar, growing Asian markets have helped to keep the ship moving forward. Analysts point to the surprise forecast [...]
Tesco launches barcode app October 26, 2010 TESCO has added a barcode reader to its Groceries iPhone app that can add items to a customer’s online home delivery order. Customers can scan any grocery item and add it to a home delivery order instantly. The barcode reader, which was added to the existing Tesco Groceries app available on the iPhone yesterday, is [...]