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CommentWire
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Baugur's revelation of its 7% stake in Woolworths has fueled speculation of a takeover. Both the value and traded volume of Woolworths shares have been high, amid speculation that the chain had possibly attracted Asda's attention. The size of Baugur's stake in the company is likely to catch the City off guard, and will convince many interested parties that Woolworths is now effectively in play.
Published By Datamonitor
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09 Feb 2006 |
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Expert View
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Despite fears of a slowdown in sales on Britain's high streets, the British Retail Consortium has reported that total retail sales in December 2005 were 6% up on the year before, the best result for any month since May 2004. However these figures should be treated with some caution as they do not account for the myriad exceptional factors influencing Christmas trading this year.
Published By Datamonitor
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10 Jan 2006 |
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Expert View
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By the end of 2006, Tesco will not only be UK's biggest food retailer, it will also claim the crown as UK's largest non-food retailer. According to Verdict Research, Tesco will increase the pace of its non-food sales growth in 2006, thrusting it ahead of former non-food king ARG, owner of Argos and Homebase.
Published By Datamonitor
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09 Aug 2006 |
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