Fitbug starts to flex its muscles January 7, 2015 The founder of the British fitness tracking group tells Oliver Smith in Las Vegas that he is already thinking about the next big thing PAUL Landau has had an interesting six months. In July he was the founder of a wearable fitness tracker firm whose share price had hovered around 1p for over two years, [...]
Where to buy the cheapest petrol: Asda, Sainsbury’s and Tesco cut prices December 31, 2014 Three of the UK's largest supermarkets have cut the price of petrol and diesel, drawing the battle lines for a New Year war at the pumps. Sainsbury's, Tesco and Asda all cut their prices by 2p per litre. It's the 13th time Asda has lowered its price since September. Traditionally the lowest-priced petrol retailers, supermarkets' [...]
More money in your pocket: Tumbling oil prices, £1 a litre petrol, supermarket price wars and mortgage provider competition January 12, 2015 Britons should be able to loosen their purse strings further this year, with tumbling oil prices, a supermarket price war and intense competition between mortgage providers forcing down the average cost of living. Supermarket chains Morrisons and Sainsbury’s – which together operate over 600 petrol stations – will both cut the price of unleaded petrol [...]
Sainsbury’s Christmas advert 2014: Storm surrounding marketing seen by turn as epic or disrespectful November 16, 2014 The film had its world premier on Wednesday. Some 8m people have already tuned in to see it and it has split critics down the middle, being described as “a masterpiece”, “grim”, “epic”, and “disrespectful”. It’s not the latest blockbuster movie, but Sainsbury’s two-minute Christmas ad. There was a time, not so very long [...]
At last – 99p petrol is here… in Birmingham January 12, 2015 Motorists can finally fill up their tanks for less than £1 a litre – as long as they’re prepared to drive to the Midlands. The bargain petrol went on sale at the Harvest Energy service station in Birmingham for 99.7p. The motoring organisation RAC said the price was the lowest it had seen in the [...]
Analyst Views: Is Sainsbury’s sales fall a sign of a more serious underlying trend? March 18, 2014 DAVID MCCARTHY | HSBCPart of the sector’s problems is its introverted definition of “peers”. Sainsbury is losing like-for-like sales to retailers that it appears not to define as “peers”. This sector is in structural decline, with no end in sight. We downgrade our rating, target price and forecasts to reflect our rising concerns. JAMES GRZINIC [...]
Energy bills set to shrink as oil price plummets January 6, 2015 OIL PRICES continued to fall yesterday, after driving markets down on Monday. Brent crude stayed below $53, the lowest it has been since 2009 and fell to as low as $50.85 during the day. Meanwhile US benchmark WTI remained below what ETX Capital strategist Daniel Sugarman termed the “psychological barrier” of $50 a barrel. Consumers [...]
Fitbug share price slumps as CEO Malcolm Fried steps down from wearable group December 9, 2014 Fitbug, the penny stock that roared to life earlier this year after Sainsbury’s and Target announced they would stock its fitness trackers – sending shares up over 4,000 per cent – came back down to earth yesterday. On news that Fitbug would raise £3.5m through the placing of 39m new shares and chief executive Malcolm [...]
Lidl and Aldi see spending growth soar over 30pc December 14, 2014 Discount supermarkets, such as of Lidl and Aldi, are on track to be the clear winners in the lead up to Christmas with year-to-date spend growth of 31 per cent. Meanwhile, their mainstream rivals, including the big four of Tesco, Asda, Sainsbury’s and Morrison’s, have seen spending fall 4.1 per cent in the same period, [...]
New Sainsbury’s boss Mike Coupe is on the right road by clamping down on this spending – Bottom Line November 10, 2014 It takes one to know one – and thus I can confidently declare that ex-Sainsbury’s boss Justin King is a contrarian. As the kind of fool who has a tenner on Arsenal to win this season’s Champions League, I am instantly able to recognise the delight he must feel by saying things like “there’s nothing [...]