Hints and tips:
...The UK Special Situations Fund will be managed by Alex Savvides, who will join from J O Hambro Capital Management, Jupiter said....
...Competitors such as Wm Morrison and Asda, which account for more than a fifth of the market, are struggling with highly leveraged balance sheets....
...“Je t’aime Melania! Je t’aime Melania!” a woman screams. Trump takes to the stage and freestyles....
...Mandy Madden Kelley, entrepreneur I would never part with my Ox Chair, originally by Hans J Wegner....
...Meanwhile, executives from Tesco, J Sainsbury, Asda and Wm Morrison on Tuesday told MPs they would support an online scheme that would require petrol stations to share live fuel prices with customers in...
...Our colleague Aime Williams has the story here. For today, I covered the continuing rout in renewable energy businesses and sustainability companies broadly....
...“J’aime votre chariot!” said a passing cyclist, leaping to my assistance. His grin carried a whiff of sarcasm. “Est-ce lourd?”...
...My colleague Aime Williams has the details on the commitments....
...Industry figures said the so-called big four supermarkets — Tesco, J Sainsbury, Asda and Wm Morrison — had become less price-competitive at the pump because they faced increased competition selling groceries...
...Morrisons said that it had cut prices on a number of products this week that it made or prepared itself....
...The discounters took market share from recently acquired Asda and Morrisons. Those two are constrained by high debt servicing costs, which should support remaining listed groups Sainsbury’s and Tesco....
...Brooks Brothers filed for bankruptcy in 2020, while J Crew has suffered years of sales declines....
...Morrisons — whose footprint leaves it exposed to poorer areas — did even worse, with sales flat year on year....
...Retail conglomerate Bestway has bought a stake worth £193mn in J Sainsbury, the UK’s second largest supermarket chain....
...In men’s fashion, Aime Leon Dore and Kith regularly have older models in campaigns. In April, LL Bean teamed up with the trendy Japanese label Beams for a collection modelled by eightysomethings....
...In 2019, the Competition and Markets Authority blocked the proposed takeover of Asda by J Sainsbury, saying the deal would lead to higher prices and less choice....
...Asda plans to open 300 new convenience stores in the next four years as part of its quest to supplant J Sainsbury as the UK’s second-largest grocer....
...Except last week, Aldi overtook Morrisons in market share, according to data from Kantar....
...Aldi overtook Wm Morrison to become the UK’s fourth-largest supermarket by market share during the year....
...McColl’s was valued at about £200mn when it floated in 2014, but has found it hard to compete with larger companies such as Tesco, J Sainsbury and Co-op....
...Morrisons and CD&R declined to comment....
...Whether his thesis stands up against larger competitors such as J Sainsbury is open to doubt....
...Morrisons said on Monday it would spend another £100mn keeping the prices of 150 key lines in check....
...The development spells the end of a long period when Tesco, J Sainsbury, Asda and Morrisons dominated the UK sector with a model generally based on wide choice and large out-of-town superstores....
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