Discount supermarkets are forecast to increase their marketshare by an estimated 60% over the next 4 years. Aldi, Lidl and Netto will be amongst the retail benefactors as value conscious consumers change their shopping patterns.
The Times of London
Shoppers normally devoted to Britain’s Marks & Spencer are reconsidering their loyalty due to pricing competition from Aldi . Consumers are realizing significant savings through Aldi’s competitive pricing strategies. Their corporate web-site includes a savings calculator used to determine how much money one can save by shopping in their outlets.
The Times of London
The Times of London
Condé Nast plans to launch a UK version of Wired magazine and its accompanying website sometime in the first half of next year. David Rowan, who will be the lead editor of the title, is very excited about the launch and had this to say: “When I got approached by the best magazine publisher in [...]
Italian publisher Mondadori has finalized a deal to sell six sports magazines to the French publisher Motor Presse France for 8.3 million euros. The magazines included in the transaction are Le Cycle, l’Officiel du Cycle de la Moto et du Quad, Bateaux, Golf Europeen, Golf Magazine and Guides Bel-air. The magazines, published by Mondadori’s French [...]
War on Want, the charity group, has accused Tesco, the United Kingdom’s largest grocery chain, of retailing clothes that were created under slave labor conditions. It is alleged that Tesco is buying their clothes from a textile factory that, in India, pays it’s employees $17.29 (USD) for a 54 hour week. This equates to $.32 per hour.
The Times [...]
U.S. Presidential candidate, Barack Obama, is urging TESCO’s Sir Terry Leahy to reconsider their policy of non-engagement with unions. Obama is concerned over the worker’s rights in TESCO’s FRESH & EASY outlets.
The Times of London
In the United Kingdom, as a result of the credit crunch, a growing number of consumers are shopping in discount retailers LIDL and ALDI. These two discounters are moving ahead of their retail rivals in the British grocery sector. ALDI grew by 20.7 per cent. While below ALDI’s performance, LIDL’s sales lift of 12.8 per [...]
The Books Category Manager for Border’s (U.K.) Caroline Mileham, claims “One of the first things I did when I came over was reduce our rate card [the co-operative marketing fees charged to publishers].”
thebookseller.com
Borders (U.K.) is set to try a new inventory management system at the end of June. A roll-out is planned for their 40 stores this autumn. Bookseller.com (June 18, 2008)
Britain’s supermarket giant Sainsbury’s, is experiencing slow growth in retail sales. Same store sales had a growth rate of 3.4%. The BBC (June 18, 2008)