Retail news
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BSkyB "should sell" ITV stake
- Posted:
- 20 December 2007 09:16
The Competition Commission has said that BSkyB should sell some of its shares or at least cut its 17.9% stake in ITV to below 7.5%. The watchdog said that the stake could have a negative impact on competition, after the broadcasting company acquired the shares in November for £940 million. ...read more
M&S tops reputation poll
- Posted:
- 21 November 2007 09:27
Marks & Spencer has topped a CBI survey ranking the 10 companies with the best reputation. The survey found that 48% of 1,960 respondents felt that good customer service was the most important grounding for a company and also revealed that UK consumers are willing to pay more for a ...read more
Virgin Active in £1bn float
- Posted:
- 05 November 2007 09:39
Gym chain Virgin Active is believed to be gearing up for a stock market floatation that could value the firm at around £1 billion. The company merged with Holmes Place last year and now operates about 170 clubs, with an estimated 900,000 members worldwide. A floatation could take place early ...read more
Government investigates private health centre options
- Posted:
- 19 September 2007 09:37
GP surgeries in the UK may face competition from private groups such as Boots, Virgin or Tesco if plans presented to the cabinet this week get the go-ahead. Richard Branson’s company is thought to have already expressed an interest in the scheme, giving rise to the dubious idea of family ...read more
Virgin Megastores sold in management buyout
- Posted:
- 17 September 2007 09:40
Richard Branson is understood to have sold his Virgin Megastores group in the UK and Ireland in a management buyout led by managing director Simon Douglas and finance director Steve Peckham. The value of the sale to Zawi Entertainment Group has not been revealed and it is unclear as to ...read more
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