Sainsbury’s shares are jumping this morning. Here’s why February 4, 2014 Sainsbury’s shares have climbed over two per cent this morning after Bernstein Research upgraded the supermarket's stock this morning to ‘outperform’. Shares took a tumble last week after chief executive Justin King announced he's leaving. The initial five per cent drop (shares later stabilised) was a nod to King's performance – he's widely hailed for [...]
Digital advertising on the street: Why posters are no longer static February 3, 2014 @LiamWardProud WITH online marketing campaigns accounting for an ever greater share of advertising budgets, digital posters and billboards are catching up fast. There were over 79,000 digital out of home (OOH) advertising sites in the UK in 2013, according to a recent report by OOH specialist agency Kinetic. This figure is set to grow to [...]
Digital advertising on the street: Why posters are no longer static February 2, 2014 @LiamWardProud WITH online marketing campaigns accounting for an ever greater share of advertising budgets, digital posters and billboards are catching up fast. There were over 79,000 digital out of home (OOH) advertising sites in the UK in 2013, according to a recent report by OOH specialist agency Kinetic. This figure is set to grow to [...]
New interim CEO for Domino’s as Batchelor leaves early January 31, 2014 Domino's Pizza Group has announced that David Wild, currently the senior non-executive director of the Company, will be appointed as interim chief executive with immediate effect. He will act in an executive capacity for a temporary period until two months after a new chief executive is appointed. Stephen Hemsley, non-executive chairman, commented: I am delighted [...]
Sainsbury’s chief to step down after ten year rule January 29, 2014 SAINSBURY’S chief executive Justin King is to step down after ten years at the helm, having overseen nine years of consecutive growth and restored the company’s status as Britain’s second largest supermarket chain. King will step down at the company’s annual general meeting in July, when he will be replaced by Sainsbury’s commercial director Mike [...]
Bottom Line: An orderly handover but uneasy lies any head wearing this crown January 29, 2014 LONG live the new king. Sainsbury’s emphasis is firmly on continuity as it announces its new boss. The choice of commercial director Mike Coupe is the antithesis of a palace coup – every inch a loyal insider, Coupe is closely tied to King’s strategic vision, as demonstrated by his involvement in recent successes like Brand [...]
Waitrose and Tesco to set up Tube collection January 29, 2014 TESCO and Waitrose are opening six click-and-collect points each in the London Underground this year, as part of TfL’s efforts to get more retailers using the Tube. The supermarkets will follow Asda, which is running a six-month trial in car parks near Tube stations, with plans to open more outlets this year. Tesco will launch [...]
Inside Track: Ross’s brutal shake-up could prove painful for taxpayers January 29, 2014 ROSS’S Brutal Shake-up – come next month, that will be the most appropriate use of the initials of Britain’s most troubled lender. After Monday’s kitchen and bathroom sinking all rolled into one, it’s not difficult to see why. McEwan’s predecessor as chief executive of Royal Bank of Scotland (RBS), Stephen Hester, was fond of describing [...]
5 things you didn’t know about new Sainsbury’s boss Mike Coupe January 29, 2014 Sainsbury’s CEO Justin King is leaving the supermarket in July – but what do we know about his replacement and current commercial director, Mike Coupe?1. A country boy at heart, Coupe was born in Watford in 1960 but was brought up in West Sussex. His mum was a housewife and his dad was an inventor [...]
5 things you didn’t know about new Sainsbury’s boss Mike Coupe January 29, 2014 Sainsbury's CEO Justin King is leaving the supermarket in July – but what do we know about his replacement and current commercial director, Mike Coupe? 1. A country boy at heart, Coupe was born in Watford in 1960 but was brought up in West Sussex. His mum was a housewife and his dad was an [...]