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Poundland gets its new CEO from Kingfisher

Poundland gets its new CEO from Kingfisher

British variety store chain Poundland gets its new CEO from KFG.L, Europe’s largest home improvement retailer. Former executive of Kingfisher Chief Kevin O’Byrne will become the new CEO of Poundland. He will step into the shoes of Jim McCarthy who will retire after a decade in the job. According to a statement released by the […]

Australian Women Prefer More Wine, Less Beer

Australian Women Prefer More Wine, Less Beer

It appears that Australia’s love affair with beer is over. Over the years there were many different studies that has shown the shift in paradigm for Australians from beer to wine. According to recently released research papers from Roy Morgan Research, 45.1% Australians drank wine compared to 37.6% who drank beer every month last year. […]

For $12.8 billion you could buy one of everything on Amazon

For $12.8 billion you could buy one of everything on Amazon

How much will it cost if one were to buy one from every item available for sale in Amazon? How do you calculate it? Answering to question posted on Quora, a site where people can pose questions for others to answer, a computer scientist based in Zurich gave an exact calculation. You’ll have to pay exactly $12.8 billion to […]

Woolworths announces $1bn loss, appoints new CEO

Woolworths announces $1bn loss, appoints new CEO

Australian supermarket chain Woolworths has announced a loss of $1bn due to the price war. The supermarket giant along with Coles, form a near duopoly of Australian supermarkets, together accounting for about 80% of the Australian market. Woolworths has also stated that Brad Banducci would replace the outgoing chief executive, Grant O’Brien as the company’s new chief executive officer. The company, […]

After 50 years Lana Cake’s Violet Kwan, 88, is retairing

After 50 years Lana Cake’s Violet Kwan, 88, is retairing

After 50 years of selling her celebrated chocolate cake, Mrs Violet Kwan of Lana Cake Shop looking for a successor. The 88-year-old mother of two says she is getting on in years and is hoping to sell the business, which will incorporate her recipes and the shop at 36 Greenwood Avenue. For five decades Singaporeans […]

Arsenal shareholder becomes the owner of the largest ranch in the United states

Arsenal shareholder becomes the owner of the largest ranch in the United states

The biggest shareholder of Arsenal now becomes the owner of the largest ranch in the United states after he bought a Texas ranch spreading across 216,500 hectares for £500m. American multi-billionaire Stan Kroenke bought a ranch as big as the size of three major US cities – Los Angeles and New York – together. His wife, Ann Walton […]

Waitrose chief to become UK’s new trade minister

Waitrose chief to become UK’s new trade minister

THe chief of Waitrose supermarket will be the new trade minister of UK. The 55 year old supermarket boss, Mark Price will replace Lord Maude as the trade minister in David Cameron ministry. Price who calls himself the ‘Chubby Grocer’ would face the taunting task of uplifting the British export industry where the Government has […]

Asda gets its new chief customer officer from Walmart

Asda gets its new chief customer officer from Walmart

Walmart owned English supermarket chain Asda has appointed Andy Murray as its chief customer officer. Mr.Murray, a former P&G marketer is currently working with Walmart as its senior vice-president of creative and customer experience. He will join the board of the UK supermarket on 15 February. Andy Murray replaces Barry Williams who has been with Asda for the […]

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