Hints and tips:
...Under its ownership, Morrisons’ sales have lagged behind many UK competitors. Lewis said he did not have “any formal involvement” with Morrisons or MFG....
...retail casualties in the UK since the collapse of Sir Philip Green’s retail empire and department store chain Debenhams, and more recently McColl’s, the corner shop chain that was subsequently bought by Morrisons...
...Many discount chains have thrived in recent years but Wilko struggled in the face of increased competition from rivals such as B&M and Home Bargains and supply chain problems....
...Rivals B&M and Poundland have bought 122 stores between them....
...More recently, McColl’s, the corner shop chain, was bought by Morrisons after its own collapse....
...“It will follow a similar model to B&M,” he added, referring to the discount retailer that Leahy chaired for five years after CD&R acquired a majority stake in it in 2012....
...But just as important is TGTG’s status as a “B corp” — a company certification that recognises businesses with social impact....
...Many discount chains have thrived in recent years but Wilko struggled in the face of increased competition from rivals such as B&M and Home Bargains....
...Many of Pommellet’s interlocutors were not themselves in the know about the secret plan B, an Australian defence official said....
...Among the 60 artists blowing the top off the Ahoy Centre in Rotterdam this year are US pop stars Janelle Monáe and Lizzo, UK rappers Stormzy and Little Simz and legends Tom Jones and Van Morrison....
...Annual sales had already risen to more than £1bn by the time private equity group Clayton, Dubilier and Rice — now the owners of supermarket Wm Morrison — became shareholders in 2012....
...He said that four-fifths of the firm’s returns had historically come from sales growth and operational improvements, pointing to its record at UK discounter B&M and French furniture retailer BUT....
...That has made financing a leveraged buyout more difficult, especially as banks have struggled to sell on the debt backing another large UK private equity deal, the acquisition of supermarket group Wm Morrison...
...And, finally, three unmissable Brexit stories Robert Shrimsley writes on the lessons for Boris Johnson and the Conservative party from Scott Morrison’s defeat in Australia’s general election....
...Cheating is (a) bad, (b) very bad, or (c) even worse when you’re in the business of holding other companies accountable....
...CD&R claims experience of UK retail with both B&M, the pile-’em-high discounter, and a collection of petrol station convenience shops....
...Hence CD&R, which hails from the stuffier industrialist end of private equity, has wanted to emphasise its record with UK retailer B&M, and its model that relies on revenue growth and enhanced profitability...
...The style is mainly limited to supper-club soul, blues and R&B, but the accompanying band brings some deft touches to it. Backing female singers add doo-wop harmonies to Morrison’s growls and slurs....
...“If that fails, plan B is to fight for every inch of our land, and every city and every village,” he added....
...But quite what weight section 172 generally requires boards to give factors besides, say, the price on offer in a takeover situation is a subject of hot debate among lawyers, not least surrounding the Wm Morrison...
...Science Education, a non-profit group of scientists and teachers, looking at how state public schools across the country address climate change in science classes, gave barely half of US states a grade B+...
...Rolls-Royce has won a contract to supply the engines for the US Air Force’s B-52 planes....
...behind B Corp certification....
...Nest, the largest workplace pension scheme, has said it won’t pay two and 20, while Scottish Widows, B&CE and others have echoed that sentiment....
...Though several celebrities have joined the platform, including musician Cardi B and actress Bella Thorne, for many of its 130m users it represents a means of income....
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