Category Archives: Profits

Taxing Times: Tesco and Poland

The financial results for Tesco last week brought forward a lot of comment and some interesting thoughts, not least the looming pension deficit and the exceptional items booked into the accounts.  Oh, and the underlying performance, which was quite good. … Continue reading

Posted in European Union, International Retailing, Large Store Levy, Poland, Profits, Public Health lev, Regulation, Retail Levy, Retail Policy, Tax, Tesco | Tagged , , , , , , , , , , , | 1 Comment

“Retailers Urge Holyrood Policy Change to Stem Decline”

Under the headline “Retailers urge Holyrood policy change to stem decline”, Scotland on Sunday on the 11th September (article here) reported on a ‘call to arms’ from the Scottish Retail Consortium (SRC) arguing for more support from the Scottish Government … Continue reading

Posted in BRC, Closure, Competition, Consumer Change, Costs, Data, Employment, Internet shopping, Online Retailing, Profits, Retail Change, Retailing, Scotland, Scottish Government, Scottish Retail Consortium, Shop Numbers, Statistics | Tagged , , , , , , , , | 1 Comment

Any Given Sunday?

Well, the first Conservative UK budget for 18 years has been and gone, and no doubt retailers are beginning to assess what it all means for them. That might be tough given the lack of some details, some rabbits that … Continue reading

Posted in Association of Convenience Stores, Consumers, Government, Independents, Legislation, Localisation, Part-time working, Planning, Profits, Rates, Regulation, Retail Policy, Retailers, Scottish Government, Sunday Trading, Wages | Tagged , , , , , , , | Leave a comment

Does Distance Lend Perspective?

As is my need in January, I have been off enjoying some sun and reflection. Having been in the Cape Winelands for the last few weeks, I’m already missing the sun, heat, light … and of course the wine. Having … Continue reading

Posted in Alcohol, Black Friday, Christmas, Food Retailing, Margins, Profits, Scottish Retail Consortium, Scottish Retail Sales, Tesco, Wales | Tagged , , , , , , | Leave a comment

Turmoil at Tesco

Wow, Just Wow. It is almost beyond belief, and there may be more to come yet. I’ve written about the trials and tribulations of Tesco before (here and here for example), but have generally taken the view that a crisis … Continue reading

Posted in Bill Grimsey, Competition, Food Retailing, Hypermarkets, Market Shares, Online Retailing, Profits, Tesco | Tagged , , , , , | 14 Comments