MBS News

Tuesday
August 17, 2010

Industry headlines from Moira Benigson Executive Search

Retail

B&M Bargains Buys Opus Homewares For £48m

Value group B&M Bargains has acquired Scottish retailer Opus Homewares for £48m, extending its presence north of the border and in Northern Ireland.

Sainsbury's And Nectar Launch iPhone Apps

Sainsbury’s and loyalty scheme Nectar have launched iPhone and iPod Touch apps, which give shoppers a store locator and personalised offers. Separately, Nectar has overtaken Tesco’s Clubcard in terms of number of cardholders.

JJB Sports Loses Fight To Derecognise Union

JJB Sports has had its application to derecognise the GMB union rejected by the Central Arbitration Committee.

Consumer Goods

Guinness Kicks Off Sporting Season With £3m Campaign

Guinness is launching into the British sporting season with a £3m marketing campaign, focusing on the association between the drink and sport.

PepsiCo To Invest $250m In Vietnam In Next Three Years

PepsiCo will invest $250m in Vietnam over the next three years in its food and beverage businesses, capitalising on the fact that the country has huge potential for growth.

Digital And Online

AOL To Launch 500 More Local Sites This Year

AOL will launch 500 more websites under its Patch vehicle this year, as part of its plans to relaunch itself as a destination site for local content. The estimated cost of these additional sites is $50m.

Ocado Second Warehouse Site Gets Green Light

The green light has been given to a 124-acre extension to Birch Coppice Business Park where etailer Ocado is expected to build a £200m warehouse and distribution centre.

Fashion, Lifestyle And Luxury

Urban Outfitters Plots Store Roll-Out

Urban Outfitters is planning retail expansion, focused on its Anthropologie chain, across Europe and the US as it reports strong like-for-like growth.

Grazia For Him Set For Autumn Launch

Fashion glossy Grazia is reportedly set to launch a menswear version of the magazine, Grazia For Him, this Autumn.

Dive In

Harrods has opened its first dedicated swimwear room, also stocking holiday accessories and beauty products, which will be open all year round.

Travel And Leisure

easyJet Help To Get British Troops Home

easyJet has launched a special rescue fare for British troops who have been delayed coming home from the front. ‘Rescue rate’ tickets are available at certain airports at a fraction of their standard price.

On The Move

Bernard Matthews Brand Chiefs Depart

Bernard Matthews marketing director Matthew Pullen will leave at the end of September, having accepted a senior marketing position at Dulux-owner Akzo Nobel. This follows managing director Jeff Halliwell's departure last week.

John Lovering Joins Go Outdoors As Chairman

Private equity tycoon John Lovering has joined the board of outdoor chain Go Outdoors as its chairman. The Peacocks chairman has also been chairman at Debenhams, Somerfield and Homebase.

The Weatherman Says...

My brother has invented an alter ego for himself, basically in order to score a free gold scooter. My brother is THE MAN when it comes to getting free stuff...even if it means dressing up like a berk! Disco Dave is his name and he wears a Discoman suit. Obviously, he now rides a gold scooter. If you look not very hard you might find him on Youtube as Discodavelegend gettin' his freak on to James Brown. I think it's going to rain...but then I am a weather genius (a humble one at that).