Bluewater's ripple effect on retail

Article Abstract:

The new Bluewater shopping centre near Dartford, England, which features 320 shops in three themed areas, is set to attract large numbers of shoppers. Facilities include a 200-space creche, 13,000 car-parking spaces and a 12-screen cinema. Mixed views are being expressed about the likely impact of Bluewater, which will be the largest regional shopping mall in the UK, on the retail industry as a whole. It is widely agreed that the retail sector is over-supplied, but retailers are very interested in establishing a presence in large shopping malls, despite high rents there. This is because shoppers are very attracted to such developments.

Product information, BUILDING MATERIALS & GARDEN SUPPLIES, Stores in Shopping Centers, All Other Miscellaneous Store Retailers, Retail stores, Shopping centers

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Smokin' once again

Article Abstract:

British American Tobacco (BAT) has seen a significant revival in its fortunes. It has abandoned its diversification programme, and no longer faces the threat of anti-tobacco litigation. Its share price has risen dramatically, and it is set to derive considerable benefits from a large-scale merger with Rothmans. This deal is a key step towards BAT's goal of becoming the largest tobacco company in the world. It will give BAT a world market share of 16%, compared with the 17% held by Philip Morris.

Comment:

Has reported 16% market share as it prepares for merger with Rothmans

Market share, Tobacco farms, Tobacco, Tobacco Farming, Cigarettes, Cigarette Manufacturing, Management, Tobacco industry, British-American Tobacco Company Ltd., Company Profile

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Mr Punch aims at Allied Domecq

Article Abstract:

Pubs group Punch Taverns is expected to make a cash bid of around 2.7 billion pounds sterling for the estate of 3,500 pubs owned by Allied Domecq. In contrast, Whitbread has made a 2.4 billion pounds sterling all-share offer. Punch is also negotiating a deal that would permit brewer Bass to purchase a considerable number of Allied's managed pubs for 1 billion pounds sterling. Punch Chmn Hugh Osmond has been able to gain the support of a number of high-profile financial backers.

Asset sales & divestitures, Acquisitions & mergers, Drinking Places, Drinking Places (Alcoholic Beverages), Beverages, Beverage Manufacturing, Mergers, acquisitions and divestments, Bars (Drinking establishments), Beverage industry, Hospitality industry, Allied Domecq PLC, Punch Taverns Group Ltd.

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