The Competition Commission has delayed giving its decision on potential bids for Safeway to trade and industry secretary Patricia Hewitt. It was due to submit its report on Tuesday (August 12), but the deadline has been extended to August 18. It is expected to block prospective bids from Tesco, Asda and Sainsbury’s, paving the way for Wm Morrison Supermarkets to continue its own bid.
At the end of every week, we look at the key stories, offering our view on what they mean for you and the industry. From the impact of marketing budgets being cut to the value of longevity, it’s been a busy week. Here is my take.
Netflix says it will stop reporting subscription numbers, instead looking at engagement as a key indicator of customer satisfaction and the future strength of the business.
‘That’s why mums go to Iceland’ has been a long-running slogan for the retailer, but it has been tweaked to reflect “all aspects” of its consumer base, its chairman says.
In a bid to create best-in-class teams, how are marketers striking the balance between rewarding existing talent and bringing in new blood?