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 Planes go hybrid-electric in important step to greener flight
- 4 Hip hop is both racial and political, and for Iggy Azalea to suggest otherwise is insulting
- 5 Man hospitalised with pneumonia after downing eggnog at office Christmas party
Antonio Martin shooting: Black teenager may have tried to ambush patrolman, says police officer's lawyer
Orphan kangaroos spend Christmas without their parents
Northern Lights above Britain: Stunning Aurora Borealis illuminates Northumberland sky on Christmas Eve
New route to Mars could make manned mission much cheaper and easier
Isis 'did not shoot down Jordan war plane' before capturing pilot, says US
British actor Idris Elba cannot star as James Bond because he is black, says shock jock Rush Limbaugh
Rozanne Duncan: Ukip expels councillor for 'jaw-dropping' comments made in BBC TV interview
Germany anti-Islam protests: 17,000 march on Dresden against 'Islamification of the West'
Ukip member gets into Christmas spirit with Union Flag plea to Santa 'for our country back'
BBC director Danny Cohen: Rising UK antisemitism makes me feel more uncomfortable than ever
Alex Salmond has 'broken his word to the Scottish people' says Scottish Lib Dem leader
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