Discount grocers battle for trade

Article Abstract:

There has been a rise in the number of discount supermarkets as well as in new superstores from the leading firms. Discount supermarkets aim at increased sales and lower margins on a limited range of stock. Deliberately down market they are often sited near council estates. The biggest of the 10 is Kwik Save, with more stores than Sainsburys and Tesco together and still continuing to open more stores. Meanwhile the top end of the market, attracting shoppers with out of town superstores with parking and wider ranges of products, are really threatened heavily by the discounters.

Economic aspects, Grocery industry, Grocery stores, Supermarkets, Discount stores

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Branson takes to the airwaves

Article Abstract:

Richard Branson established Virgin 1215, the national commercial rock radio station launched on Apr 30, 1993. The target audience is 20- to 45-year-olds. Hewlett Packard, McDonalds and Royal Mail are advertising on Virgin. Radio advertising has been 2% nationally, but previously advertisers had to use regional stations. Virgin Radio chairman Robert Devereux said the station had achieved a record in media launches with 50% first year airtime sales sold before its launch.

Management, Advertising, Radio advertising, Branson, Richard, Radio stations, Virgin Radio Ltd.

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A small bonus for democracy

Article Abstract:

John Lewis is Britain's largest workers' co-operative and demonstrates successful industrial democracy. Its philosophy of steady organic growth has provided an annual bonus in double digits for 20 years, but in 1992 the recession, staff and pay increases mean 10% more profit is necessary to maintain the bonus. A London School of Economics study shows that demographics and demand for better service will lead all retailers to follow John Lewis's employment principles.

Finance, Retail industry, Retail trade, Employment, Employee ownership, Cooperatives, Cooperatives (Associations), John Lewis Partnership PLC

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