The Banking and Strategy Initiative

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London, London! Tesco's loss, Turkey's gain

– A proud Sainsbury survives discount Holiday season, UK feels perky

– TESCO loses the plot

– Delhaize shuts down 113 Lion stores, 5000 jobs

sainsbury's epsomSainsbury outgrew UK retail leader during Christmas as Nielsen reported the slowest growth for TESCO in the 12 weeks to 2012. TESCO lost in slow groceries move from shelves topped by a 25% fall in Electronics sales which was its raison d’etre in non groceries. whiles Sainsbury grew food sales 15% year on year topping it with 25% in its stor’es fashion brand sales

Top 4 gtrocers in the UK are much in the news even as RBS can’;t find buyers forits big discount sale of investment bank units and Infy signals troubles from a slowdown back in India

Hat Tip: Bloomberg, CNBC, Nielsen

Retailers increase of 2.2% is likely to keep growth fires burning in the UK’s long winter

Even as TESCO fell 15% on profit warnings, Belgian Delhaize cut 4500 jobs, just like RBS and shut down 113 Lion stores

 

English: J Sainsbury PLC Sainsburys old logo.

Image via Wikipedia

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This entry was posted on January 12, 2012 by in Europe, Retail Lifestyle and tagged , , , , , , , .

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