The bookseller was up against a tough comparisons with last July’s release of the final installment in the “Harry Potter” series. Despite the drop, B&N beat analysts’ expectations. The Wall Street Journal (Aug. 21, 2008) Paid subscription may be required.
Dunkin’ Donuts and Procter & Gamble are testing RFID and other technologies that will enable them to target ads to consumers based on their just-made, in-store purchases. Dunkin’ will invite morning coffee purchasers back for an afternoon coffee break, while P&G will recommend hair conditioners based on the particular brand of shampoo a customer has [...]
British grocery chain J. Sainsbury, is set to open it’s first ‘green’ store in the town of Dartmouth, Devon. The store, built out of timber and heated by a biomass boiler running on wood chips, is expected to save Sainbury’s about 1/3 of their energy bills. All future openings of Sainsbury outlets would look to incorporate as [...]
Britain’s largest supermarket chain, TESCO, has plans to open a wholesale Cash & Carry business in INDIA. In addition, Tesco has signed a deal with India’s TATA Group to develop it’s hypermarket business. Currently, India’s government has foreign investment rules that prevents multi-brand retailers such as Walmart and Tesco from opening retail outlets. They can only [...]
British consumers are turning their backs on high-priced food. The first British Whole Foods outlet has been met with a poor sales performance. Yesterday, Tesco announced that their prices on organic produce will be slashed by an average of 15%.
The Guardian
ASDA (subsidiary of Walmart) has called off some of their proposed changes to the distribution deals that they had in place with magazine publishers and distributors. The retail chain had received a great deal of negative feedback from the publishing community after ASDA’s magazine buyer had released a series of demands that were branded as “outrageous”. A source [...]
The U.K.’s ASDA grocery chain, owned by WALMART USA, is seeking “outrageous” concessions from magazine publishers. An ASDA email memo, sent to British magazine publishers and distributors has outlined a series of proposed conditions with which publishers are requested to comply. These proposals are as follows;
- Asda’s demands include a request for two pages of editorial or [...]
The United Kingdom is finally getting more aggressive with price reductions in order to lure consumers into their retailers. The British Retail Consortium has announced that “Discounting is more widespread than it was a year ago. These sales are the biggest discounts we’ve seen in recent history. Customers are concentrating the money they have got [...]
Aldi’s winning formula - is based on saving consumers £30 on a £100 weekly shopping bill in a no-frills store environment. The German discount retailer instead of stocking the traditional 25,000 product lines, they offer just 1,000 products to Aldi consumers. To combat this strategy the U.K.’s TESCO is planning on expanding their own in-house line of products.
The Times [...]
By completing the deal to purchase SOMERFIELD, the Co-operative Group is soon to enter back into the UK’s retail limelight. The annual sales for this Manchester based group is expected to be more than £10 billion.
The Times of London