Unilever postpones plans to market new margarine

Article Abstract:

Unilever PLC announced that it will postpone the launch of its new anti-cholesterol margarine in Europe. The company is delaying the launch of the margarine because some members of the European Union Foods Committte regulatory agency raised concerns about the item. The agency is planning to hold further discussions with Unilever on the margarine. UK-based Unilever is the largest manufacturer of margarine in the world.

Comment:

To postpone launch of new anti-cholesterol margarine in Europe

Product information, Fats and Oils Refining and Blending, Edible fats and oils, not elsewhere classified, Margarine, Product introduction, Unilever Group, Fats and oils industry, Oils and fats industry

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Great Universal Stores confirms it may float Experian division

Article Abstract:

Great Universal Stores PLC said that it is considering the possibility of floating its Experian information services division. However, the company added that it had not established any specific timetable to split off the unit from its struggling retail business in the UK. Great Universal posted a fall in home-shopping and catalog-retailing sales during the six-month period ending on September 30, 1999.

Strategy & planning, Mail Order Houses, Electronic Shopping and Mail-Order Houses, Planning, Mail-order industry, Mail order business, Great Universal Stores PLC

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C&A to close all stores in the U.K., conceding high street to discounters

Article Abstract:

C&A, the Holland-based clothing chain, will shutdown its 108 stores in the UK. The surprising move was taken as the chain could not offset the major changes in the retail industry.

Apparel & Shoe Stores, Clothing and Clothing Accessories Stores, Services discontinued, APPAREL AND ACCESSORY STORES, Services, Retail industry, Retail trade, Buildings and facilities, Clothing stores, C and A

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