Retail news
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Rivals "reduce Tesco market share"
- Posted:
- 11 January 2012 10:14
Rival supermarkets took a slice out of Tesco's market dominance over Christmas, according to figures released today.Ahead of the retailer's festive update on Thursday, research firm Kantar Worldpanel said the chain's share of the market for the 12 weeks ending on Christmas Day dropped from 30.5% a year ago to ...read more
BAA increases passenger numbers
- Posted:
- 11 January 2012 10:14
A snow-free end to 2011 helped BAA boost its passenger numbers by 4.4% at its six UK airports last year.The company handled 108.5 million passengers in 2011, with Heathrow numbers - badly hit by snow in 2010 - rising 5.5% to an annual record of just under 69.4 million last ...read more
Businesses back "jobs for criminals"
- Posted:
- 04 October 2011 09:25
High-profile business leaders including Sir Richard Branson and Marks & Spencer boss Marc Bolland have called for more criminals to be given jobs in a bid to harness the talents of "potential superstars" in the prison population.The executives made their call in a letter to the Financial Times as Justice ...read more
Asda secures funding for expected Iceland bid
- Posted:
- 26 September 2011 10:24
Supermarket giant Asda has secured a financial boost ahead of a planned bid for frozen food retailer Iceland, it was reported today. The chain, which is part of American retail giant Wal-Mart, has lined up backing from Barclays Capital as it looks to beat off bid competition from Morrisons and Iceland's ...read more
Morrisons storms ahead of the market with 8% profit leap
- Posted:
- 08 September 2011 10:33
Supermarket group Morrisons has reported an 8% rise in profits after seeing record customer numbers over the first half of its financial year.Despite a challenging trading environment, which the Bradford-based chain said it expects to continue for "some time to come", underlying profits in the six months to July 31st ...read more
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