Admin

British supermarket chain Tesco to sell its Polish branch to Salling Group A/S

Sunday, June 21, 2020

On Thursday, UK-based retailer Tesco and Denmark-based retailer Salling Group announced their agreement over selling a large portion of Tesco’s Polish operation to Salling Group. Tesco stated its intention to leave the Polish market altogether, Salling its intention to strengthen its Netto chain in Poland.

The deal covers 301 stores, two distribution centers and the head office. With the acquisition Salling said it seeks to improve its coverage in Southern Poland and, over 18 months at a cost of one billion z?otys, intends to merge these stores into its currently 386 strong Netto chain. Salling also takes over about 7000 employees from Tesco — Netto Poland currently has about 5000 employees. Tesco continues to run 19 stores, which were not included in this package.

The sale price, to be payed in cash, is 900 million z?otys (181 million pounds). In the 2019/20 fiscal year, Tesco said its Polish branch had a 24 million pounds operating loss with a 1368 million pounds turnover; to which the sold units contributed with a 947 million pounds turnover for a 107 million loss. At fiscal year-end, the sold units held a value of 681 million pounds in the books.

UOKiK, the Polish anti-monopoly agency, has to approve the deal. The parties said they expect a decision this year.

Tesco has suffered losses from its Polish operation for several years, as customer preference has shifted away from hypermarkets, Tesco’s preferred store size, to smaller discount stores like Biedronka and LIDL. The Sunday trade ban, introduced in 2018, also hurt sales. According to Notes from Poland (NFP), some discount stores resorted to offer postal services, a loophole which allows Sunday opening hours.

In 2015, Tesco centralized its management in the Central European region, comprising Czechia, Hungary, Poland, and Slovakia, but reverted the decision later on. At the time, the company invested in e-commerce and started home deliveries, but Gazeta Prawna reports only 0.5% of Polish grocery turnover comes from this segment, compared to 7% in the United Kingdom.

In the past few years, Tesco Polska has cut expenditures by streamlining its product range, halving its staff, shutting off home deliveries in parts of the country, and closing off stores, reportedly including last year its Poznan distribution center. Deutsche Welle (DW) reported in mid-2019, 62 Tesco outlets had closed within a year. Staff layoffs left meat, fish and delicatessen departments without designated shop assistants, and forced staff canteen closures and administration simplifications.

Tesco sold its roughly 2000 Thai and 74 Malaysian stores to Charoen Pokphand in March; announced leaving its joint venture with China Resources Holdings in February; and in 2015 sold its South Korean chain HomePlus. Speaking to Portfolio.hu, Matt Simister, Tesco’s CEO for Central Europe, explained that the company held a 4% share of the Polish retail market, compared to its 16% share in Hungary, and stated they want to stay in Hungary. In a DW report in March of last year, Dave Lewis, CEO of Tesco, stated they did not have intentions of leaving Thailand or Poland.

Tesco’s Polish operation, according to Gazeta Wyborcza in March, is too big for a single monolithic sale. The chain’s press release reported 22 sold units in the past year and a half, for around 200 million pounds. NFP named the Kaufland chain and property developer Echo Investment among the buyers.

Both Tesco and Salling entered the Polish market in 1995.

Retrieved from “https://en.wikinews.org/w/index.php?title=British_supermarket_chain_Tesco_to_sell_its_Polish_branch_to_Salling_Group_A/S&oldid=4577092”
Posted by Admin

Georgian Olympian luge competitor dies in training accident

Saturday, February 13, 2010

Hours before the Opening Ceremonies of the 2010 Winter Olympics, 21-year-old Georgian luger Nodar Kumaritashvili died after hitting an unpadded pole during a routine training exercise at the Whistler Sliding Centre in Vancouver, Canada on Friday morning.

According to those on the scene, blood was “pouring” from the athlete’s head as he was being placed into a stretcher. Doctors did try to revive him, but to no avail.

“Our first thoughts are with the family, friends, and colleagues of the athlete,” Jacques Rogge, president of the International Olympic Committee (IOC), told international media. “The whole Olympic family is struck by this tragedy, which clearly casts a shadow over these Games.”

CEO of the Vancouver organizing committee, John Furlong went on to say: “We are deeply struck by this tragedy, and join the IOC in extending our condolences to the family, friends and teammates of this athlete, who came to Vancouver to follow his Olympic dream.”

The International Luge Federation (FIL) is now in the process of conducting an internal investigation into the circumstances of what occurred. Training was suspended until officials were able to certify the course as safe.

The president of the ILF, Josef Fendt, said in a statement: “This is a terrible accident. This is the gravest thing that can happen in sport, and our thoughts and those of the luge family are naturally with those touched by this event.”

Mr. Kumaritashvili is the fourth athlete to die in Winter Olympic history.

Retrieved from “https://en.wikinews.org/w/index.php?title=Georgian_Olympian_luge_competitor_dies_in_training_accident&oldid=4630355”
Posted by Admin

Aside from Semicon Taiwan 2007 – An attraction of “exiderdome” by Siemens

Friday, September 14, 2007

Semicon Taiwan goes to the final day on September 14, one of exhibitors Siemens AG imported containers named “exiderdome” to Taiwan and held an exhibition at A13 Parking Lot in Xinyi District, Taipei City for professionals from some industries such as automation, semiconductor, and electronics experiencing the advantages on automation solutions by Siemens.

For this special exhibition, Wikinews Reporter Brock interviewed Stephen Huang (International Account Manager of Automation and Drives Department, Siemens Limited) and Ken Cheng (Director of Automation and Drives Department, Siemens Limited) for information on this exhibition.

Retrieved from “https://en.wikinews.org/w/index.php?title=Aside_from_Semicon_Taiwan_2007_-_An_attraction_of_%22exiderdome%22_by_Siemens&oldid=783057”
Posted by Admin

Water Bottles Market Your Company To The Masses

Water Bottles Market Your Company to the Masses

by

AminRamjee

When you buy a newspaper ad, you pay several hundreds of dollars and you are able to market yourself to a few hundred people. Essentially, you are paying one dollar for each customer. When you advertise on television, you pay thousands and reach a few thousand. In this regard, you are paying about two dollars for each customer that comes in your store. This means if you pay $4,000, you should get about 2,000 customers after the television ad. However, why spend this much and get only a few results when you have something like promotional gift marketing.

[youtube]http://www.youtube.com/watch?v=tIORMWV9SWs[/youtube]

When you use promotional gift marketing with something like water bottles, you are marketing your company to a lot of people for a very small amount of money. For example, if you spend two dollars on every bottle, and each bottle brings in four customers, you are paying $.50 per customer, and that is much better return on investment than through television and newspaper advertising. How can something like water bottles do this? Here is how. 1. Your customer gets a promotional product from you that has your company name and logo on it. 2. The customer appreciates the promotional gift because it shows that they are appreciated. This in turn gets the customer shopping more and more with your company because of these promotional gifts. That in itself will help your company make more money but that is not where water bottle promotional gift stop. 3. When your customer is out and about with their water bottle, other people will see your company name and logo on the bottles. These people may see your company name and logo over and over, especially if your customer takes the water bottle to work with them. Through one bottle, you can reach as many as 100 people over the course of the life of that bottle. You may even reach more depending on how often it is used by the customer. If only 10 percent of those people actually come to your company for something, you are still getting a big return on investment. For example, 10 percent of 100 people is 10 people. If 10 people shop from you and each buy $50 worth of gifts, which means you just made $500. That also means that the two dollar you spent on water bottles brought you $500. That is $250 for every dollar you spent on the water bottles.

DiscountMugs.com is a large distribution company based in Miami, Florida. They are web-based and factory-direct which allows them to keep prices lower than the rest of the competition. They also have a huge selection of

promotional products

from glassware and travel mugs to commemorative plates and

water bottles

.

Article Source:

ArticleRich.com

Posted by Admin in Bottle Manufacturer

News briefs:April 23, 2010

 Correction — August 24, 2015 These briefs incorrectly describe BP as ‘British Petroleum’. In fact, such a company has not existed for many years as BP dropped this name when becoming a multinational company. The initials no longer stand for anything. 
Wikinews Audio Briefs Credits
Produced By
Turtlestack
Recorded By
Turtlestack
Written By
Turtlestack
Listen To This Brief

Problems? See our media guide.

[edit]

Retrieved from “https://en.wikinews.org/w/index.php?title=News_briefs:April_23,_2010&oldid=3768399”
Posted by Admin

News briefs:June 30, 2006

The time is 20:00 (UTC) on June 30th, 2006, and this is Audio Wikinews News Briefs.

[edit]

Retrieved from “https://en.wikinews.org/w/index.php?title=News_briefs:June_30,_2006&oldid=784570”
Posted by Admin

SpaceX scrubs Falcon I rocket launch

Monday, November 28, 2005

SpaceX called off the much-delayed inaugural launch of their new Falcon 1 rocket on Saturday from Kwajalein’s Omelek Island launch site. The intent was to launch the U.S. Air Force Academy’s FalconSat 2 satellite, which will monitor plasma interactions with the Earth’s upper atmosphere and magnetosphere.

The launch was delayed, then finally cancelled after an oxygen boil-off vent had accidentally been left open. The oxygen was unable to cool the helium pressurant, which then proceeded to evaporate faster than it could be replenished. A main computer issue, probably serious enough to cause a scrub on its own, was also discovered.

This long-anticipated flight was originally expected to be launched in January 2005, however a series of setbacks forced a series of delays, with the flight most recently scheduled to be in early 2006. It was intended to be launched from the Kwajalein atoll in the middle of the Pacific Ocean.

The maiden voyage was originally intended to launch from Vandenberg Air Force Base in California with a Naval Research Laboratory satellite and a Space Services Incorporated space burial payload.

Retrieved from “https://en.wikinews.org/w/index.php?title=SpaceX_scrubs_Falcon_I_rocket_launch&oldid=3172503”
Posted by Admin

Bad Credit Surgery Loans Go For Surgery Without Worrying For Cash

Cannot apply for cosmetic surgery loans because of bad credit? You do not need to worry any more! For people with not so good credit record, bad credit surgery loans have been designed! These can provide financial support to people in need of cash for their cosmetic surgery.

You can utilize the amount obtained from bad credit surgery loans for covering the cost of cosmetic surgery, and plastic surgery, including skin resurfacing, scar revision, liposuction, hair transplant, and so on.

Bad credit surgery loans are available in secured as well as unsecured form. The secured options are based on the collateral, which can be any of your valuable assets, including your home, or car. On the other hand, unsecured loans are absolutely collateral-free, with slightly higher interest rates.

[youtube]http://www.youtube.com/watch?v=1mVguBudOs0[/youtube]

The amount that you can apply for in bad credit surgery loans may vary based on your requirements, repayment capability, and loans type selected. If you are confused on how much amount you require for your surgery, you can consult any experienced cosmetic surgeon, to know the exact charges, and then apply for it! Generally, in bad credit surgery loans, you can have amount varying from 1000-25000 with repayment term varying from 1-10 years.

You can apply for bad credit surgery loans despite your bad credit record. Issues like bankruptcy, late payments, skipped payments, foreclosures, CCJs, IVA, arrears etc. are also acceptable! Though the interest rates for bad creditors are bit higher, but they have a golden chance of repairing their credit!

Online application is open for 24/7. At the comfort of your home or office, you can apply for cosmetic surgery loans. Isn’t it a good idea to get cash without disturbing your daily routine! You just need to spend some time on internet in doing online research. You can also apply for free online quotes, and compare them. Finally, you can apply, by filling simple application form available online. You can complete the entire procedure at your own convenient time. Also, no physical visits are required! In fast, easy and secure way you can apply for loans for cosmetic surgery and find the best deal for your needs.

Article Source: sooperarticles.com/finance-articles/loans-articles/bad-credit-surgery-loans-go-surgery-without-worrying-cash-622191.html

About Author:

Alex Akin is currently working as an expert author for cosmetic surgery loans. His articles provide better knowledge of easy financial future for all people. For more details including bad credit surgery loans, bad credit loans for surgery, personal loans for surgery, and loans for cosmetic surgery visit cosmeticsurgeryloans.org.ukAuthor: Alex Akin

Posted by Admin in Cosmetic Surgery

Wikinews interviews Joe Schriner, Independent U.S. presidential candidate

Saturday, April 17, 2010

Journalist, counselor, painter, and US 2012 Presidential candidate Joe Schriner of Cleveland, Ohio took some time to discuss his campaign with Wikinews in an interview.

Schriner previously ran for president in 2000, 2004, and 2008, but failed to gain much traction in the races. He announced his candidacy for the 2012 race immediately following the 2008 election. Schriner refers to himself as the “Average Joe” candidate, and advocates a pro-life and pro-environmentalist platform. He has been the subject of numerous newspaper articles, and has published public policy papers exploring solutions to American issues.

Wikinews reporter William Saturn? talks with Schriner and discusses his campaign.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Joe_Schriner,_Independent_U.S._presidential_candidate&oldid=4497624”
Posted by Admin

Sandra Fluke insists she will not be silenced

Wednesday, March 14, 2012

In an opinion piece published by CNN on Tuesday, Georgetown University law student and women’s rights advocate Sandra Fluke insisted she will not allow slurs from critics to silence her and other women from continuing to speak out on issues regarding women’s health and contraception.

Fluke has faced slurs and personal attacks after speaking before the House Democratic Steering and Policy Committee in the United States House of Representatives about women’s health and contraception. She was called a “slut” and a “prostitute” by talk radio show host Rush Limbaugh. In response to these attacks, Fluke has received public support from women, members of the media, and politicians including the President of the United States.

Attacking me and women who use contraception by calling us prostitutes and worse cannot silence us.

In her piece for CNN, Fluke took the opportunity to thank her supporters, writing, “By now, many have heard the stories I wanted to share thanks to the congressional leaders and members of the media who have supported me and millions of women in speaking out.” She characterized the “opponents of reproductive health access” who issued personal attacks against her as being motivated by an attempt to change the topic of conversation away from a dialogue about women’s health, and “to silence women’s voices regarding their own health care.”

Fluke wrote that the efforts by some to drown out women from speaking out about women’s health were unsuccessful. She came to this conclusion due to the multitude of positive comments and encouragement sent to her by both female and male individuals urging that contraception medication be considered a medical necessity.

Asserting that she would not remain silent on this issue of women’s health, Fluke wrote, “Attacking me and women who use contraception by calling us prostitutes and worse cannot silence us.”

She noted that a significant majority of women have utilized contraception medication, and commented that there exists a social disconnect between politicians attempting to make it more difficult for women to access this type of health care, and the views of society-at-large about the matter: “Restricting access to such a basic health care service, which 99% of sexually experienced American women have used and 62% of American women are using right now, is out of touch with public sentiment.”

Fluke concluded her piece by emphasizing that those in power should not govern based on ideology: “I am proud to stand with the millions of women and men who recognize that our government should legislate according to the reality of our lives — not for ideology.”

After being banned by Congressman Darrell Issa from speaking before a Committee on Oversight and Government Reform hearing on February 16 which consisted mainly of male panelists, Fluke appeared before a meeting of the House Democratic Steering and Policy Committee convened by Minority leader of the United States House of Representatives Nancy Pelosi on February 23.

Fluke spoke to the committee about the need for contraception to be covered by health care plans offered by employers, as a matter integral to women’s health. She cited multiple cases where women take contraception medication as part of their health care for treatment of medical conditions unrelated to birth control, including two women who suffer from polycystic ovarian syndrome, a woman who is afflicted with endometriosis and another who takes contraception in order to prevent seizures.

Time and time again, women have been silenced in this discussion, a discussion about our own very personal health care decisions.

Speaking before the United States Senate on February 17 along with fellow members Patty Murray, Kirsten Gillibrand, Barbara Boxer, and Charles Schumer, Senator Jeanne Shaheen of New Hampshire expressed her support for Fluke. Like Fluke, Senator Shaheen pointed out the need not to silence the voices of women in the public government debate about women’s health care: “Time and time again, women have been silenced in this discussion, a discussion about our own very personal health care decisions.” Senator Shaheen concluded her remarks with an explanation as to why she believes women should have significant representation in discussions about their health care: “Women deserve a voice in this debate because, after all, in the end this is about our health and it is about a health care decision that is between women, their families, their doctors, and their own faith.”

President Barack Obama called Fluke on March 2 to express his support for her courage to speak out on issues of women’s health. In his first press conference of 2012 on March 6, he discussed his reasons for deciding to call Fluke.

The President cited his personal thoughts about his own two daughters: “And the reason I called Ms. Fluke is because I thought about Malia and Sasha [Obama’s daughters], and one of the things I want them to do as they get older is to engage in issues they care about, even ones I may not agree with them on. I want them to be able to speak their mind in a civil and thoughtful way. And I don’t want them attacked or called horrible names because they’re being good citizens.”

President Obama went on to state that Fluke served as a positive role model for citizen participation in democracy and society: “And I wanted Sandra to know that I thought her parents should be proud of her, and that we want to send a message to all our young people that being part of a democracy involves argument and disagreements and debate, and we want you to be engaged, and there’s a way to do it that doesn’t involve you being demeaned and insulted, particularly when you’re a private citizen.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Sandra_Fluke_insists_she_will_not_be_silenced&oldid=4506583”
Posted by Admin