Deloitte, the business advisory firm, estimates £1639 billion has been raised by VAT since it was launched on All Fools’ Day in 1973, by Chancellor of the Exchequer, Anthony Barber. Daniel Lyons from Deloitte’s VAT team, marking the anniversary of VAT said: “VAT has touched every area of economic activity in the UK for the [...]
47.8 Million iPhones Sold; 22.9 Million iPads Sold Apple today announced financial results for its 13-week fiscal 2013 first quarter ended December 29, 2012. The Company posted record quarterly revenue of $54.5 billion and record quarterly net profit of $13.1 billion, or $13.81 per diluted share. These results compare to revenue of $46.3 billion and [...]
Alliance Boots announces that following the successful squeeze-out of the Andreae-Noris Zahn AG (“ANZAG”) minority shareholders, shares in ANZAG were de-listed from the Frankfurt Stock Exchange on 7 February 2013.
The following information is released in accordance with DTR 5.6: The Company’s capital consists of 1,613,479,641 ordinary shares with voting rights. The Company does not hold any shares in Treasury at the date of this disclosure. Therefore, the total number of voting rights in the Company is 1,613,479,641. The above figure can be used by [...]
Apple® today announced that iTunes U® content downloads have topped one billion. iTunes U features the world’s largest online catalog of free educational content from top schools and prominent libraries, museums and organizations helping educators create courses including lectures, assignments, books, quizzes and more for iOS users around the world. “It’s inspiring to see what [...]
The presentation of the 2012 Full Year Resultas will take place on thursday 7th of March, in Paris at 9:30 am (Paris time). An audiocast will be available in live and a replay version until the 17th of March, on www.carrefour.com.
There is still £948 million worth of potential savings available to businesses in the retail industry Businesses in retail are bracing themselves for the arrival of this year’s business rates bills, as they closely follow the ‘quarter day’ for the payment of their rent. The pain of the massive 5.7% rates rise in 2012 has [...]
Stéfan Descheemaeker Mr. Descheemaeker is Executive Vice President and Chief Executive Officer of Delhaize Europe since January 2011. Before he was Chief Financial Officer of Delhaize Group since 2009. He started his career with Cobepa, at that time the Benelux investment company of BNP-Paribas. He later joined the holding company Defi as CEO of its financial [...]
Roland Smith Mr. Smith is President and Chief Executive Officer of Delhaize America and Executive Vice President of Delhaize Group. Mr. Smith served in the U.S. Army for seven years. Mr. Smith held senior management positions at Kentucky Fried Chicken, Pepsi Cola International, Schering-Plough and Procter & Gamble before joining in 1994 Arby’s Inc, predecessor [...]
An extraordinary Standing Committee of the Food Chain and Animal Health (SCoFCAH) organized by the European Commission, the Member States endorsed the coordinated plan announced by Health & Consumer Policy Commissioner Tonio Borg on Wednesday 13th February. Commissioner Borg said : “I welcome the swift approval by the Member States of the plan I tabled [...]
While the economic forecast for the Eurozone in 2013 shows painful progress towards stability, Eurozone banks and insurers will face another difficult year. The north-south divide will become more entrenched this year; while the outlook for lending in northern markets is slowly improving, the outlook for southern markets is bleak as banks contend with a [...]
By Claire Renwick French fois gras producers say the recent decision by the Government of Calafornia to ban sales of the delicacy over cruelty concerns, will make no difference to demand. Restaurants in the American state now face fines of a thousand dollars for serving the food, which is made by force feeding ducks and [...]
By Laura Elliott. UK retailers Asda, Morrisons and Iceland have been lambasted for being the worst offenders in “undermining parents” in their effort to feed their children healthily. A recent report by the Children’s Food Campaign (CFC) said that these supermarket chains in particular displayed unhealthy foods and drinks at over 80% of their checkouts. [...]
By Laura Elliott Upmarket retailer Waitrose has become the first UK supermarket chain in Scotland to sign up to an innovative distribution hub which gives its smaller suppliers across the country a more cost-effective way to stock their shelves. Waitrose stocks over 400 lines in its stores from Scottish suppliers, and the chain has now [...]
By Laura Elliott. Sainsbury’s chief executive has launched a surprise attack on the UK’s largest retailer, claiming that Tesco has failed to deliver for its customers. Senior sources at Tesco have also admitted that the supermarket giant has become “too cold and industrial”. “They have not executed well for customers,” Mr. King said in [...]