US retailers invade British high streets

Article Abstract:

British stores such as British Home Stores, Mothercare and Storehouse employ American senior executives because they are professional and trained in strategic thinking. American retail trainees have a defined career structure and learn management skills while gaining practical experience, thus developing faster than their British counterparts. Informal management styles are popular as staff achieve tasks if they exchange ideas. Americans have skills in team motivation, give staff autonomy and promote them earlier.

United States, Officials and employees, Retail industry, Retail trade, Store managers

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Arms firms invade Eastern Europe in search of contracts

Article Abstract:

Defence companies are competing fiercely to supply the former Communist countries of the Czech Republic, Hungary and Poland with latest military technology. These countries are preparing for Nato membership in spring 1999, and will require advanced weapons systems compatible with those already used by Nato member countries. Defence companies able to win initial contracts will be able to gain the new Nato countries as customers for many years.

National Security, Defense Procurement, Eastern Europe, Defense industry, Military procurement

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So you want to set up a shop?

Article Abstract:

Many people are attracted to the idea of opening their own shop, believing that they will benefit from large profits and a high level of independence. However, in practice there can often be many difficulties. It is vital to look closely at the potential market before going ahead, considering the best location and what the likely costs will be.

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