Business Diary: 13/03/2010
Saturday 13 March 2010
Asda's selective memory for figures
On Monday, George at Asda launched a 100-day returns policy across its clothing range to a great publicity fanfare.
In the editors' notes to the press release, George states that it "recently overtook M&S as the UK's number one clothing retailer in terms of volume" with a 10.1 per cent market share. However, the TNS data it references is from October 2009. Curiously, there was no mention of the fact that M&S is now back in the top spot with a 13.1 per cent market share, ahead of Primark's 10.8 per cent with George trailing at 9.5 per cent for the 12 weeks to 31 January 2010. Funny that, eh?
A resourceful use of Chelsea FC by HR
What's the biggest issue facing HR managers today? The peccadillos of Chelsea's footballers, apparently. Human Resources magazine has used the footballers' headline-grabbing behaviour to offer advice on how to act when an employee's activities outside the workplace damage team morale. The verdict? Take prompt and effective action, be consistent and fair, and take preventative steps. Well, duh.
Samsung's bid to bag the Wags with phone
Now we're on the subject of Chelsea, here's sponsor Samsung, using its marketing muscle to get added value from the millions it pays to have its name splashed across the Blues' shirts. Having sewn up the players, it hopes their Wags will buy a truly cringe-worthy new phone called "Diva". You'd think the wives and girlfriends would have more taste, but looking at some of them, maybe Samsung's on to something.
Pimlico Plumber off to Spain over tax grab
The latest plutocrat to threaten to quit Britain over the new 50 per cent top rate of tax is Charlie Mullins the millionaire boss of Pimlico Plumbers who's considering a move to Spain. That'll do wonders for response times.
Number of the day: 105
As in Repo 105: the "repo" deals that Lehmans booked as sales, shifting $50bn off-balance sheet in the process
- 1 Rihanna 'nude photos' claims emerge on 4Chan as hacking scandal continues
- 2 Frank Lampard equalises for Manchester City against Chelsea: how Twitter reacted
- 3 Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
- 4 Free U2 album: How the most generous giveaway in music history turned PR disaster
Rihanna 'nude photos' claims emerge on 4Chan as hacking scandal continues
Kim Kardashian 'nude photos' leaked on 4chan weeks after Jennifer Lawrence scandal
Jennifer Lawrence leaked 4Chan sex video branded 'fake' by forum users
Gabrielle Union contacts FBI over nude 4Chan pictures leaked by 'vultures'
Jennifer Lawrence 'naked sex video' will be leaked next, threatens 4Chan celebrity photo hacker
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Hilary Mantel 'should be investigated by police' over Margaret Thatcher assassination story, says Lord Bell
Plebgate MP Andrew Mitchell called officer a 'little s**t', claim court documents 'exposing ex-Chief Whip's 'record of abusing police'
Archbishop of Canterbury admits doubts about existence of God
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