Sainsbury’s Lesson in Retailing
Sainsbury J. SBRY put in a strong performance during the quarter to the 1st July with retail like for like sales growing by 2.3% and grocery sales by an even larger 3%. Online grocery sales surged by 8%. In General merchandising and Clothing, Sainsbury outperformed the market and this was not a one quarter flash […]
Apple Declares War On Imagination Technology.
Imagination Technology IMG. Apple has served notice on IMG that in 15 months to 2 years time it will stop using IMGs intellectual property in its new products, be they phones, tablets, i pods or watches. This means that IMG will not then be eligible for royalty payments from Apple under the present agreement. Apple […]
easyJet Feeling The Competition
easyJet EZJ is beginning to feel the heat of competition now that it has priced itself out of the budget airline market. November passenger statistics showed some growth but only by a comparatively small 2.9%, the comparison of course being with Ryanair. Load factor actually fell by 0.6% to 91.3% leaving it trailing way behind […]
Imagination Technologies (IMG) – Another ‘impacted’ company
Imagination Technologies Group (IMG) is prepared to admit to a disappointing first half but seems reluctant to go further despite the fact that last years adjusted half term profit of £5m has been transformed into a thumping loss of £7.3m. and the reported loss has doubled to £20m. But you must understand that this is […]