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Retail industry

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Blending the traditional and the trivial

Article Abstract:

The Pearson group has over 100 family members owning over 300 million pounds sterling of the company's shares but profits have fallen in 1991 and 1992. Head office is at Millbank Tower and interests range from Royal Doulton china and the Financial Times to Alton Towers. Samuel Pearson established the company in 1844 as a small building firm in West Yorkshire and his grandson, Weetman, took the firm to London in 1882 and built it into a world-wide business. Weetman was knighted in 1894 and created Viscount Cowdray in 1917. Under the third Lord Cowdray the company went public. Lord Blakenham, 54, the present chairman, plans to reduce peripheral businesses and reorganise the main interests, but family influence may decline.

Author: Kay, William
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 1992
Management, Conglomerate corporations, History, Pearson Group Corp.

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FSA rewrites the script

Article Abstract:

The UK Financial Services Authority will be stepping up its work in areas including the monitoring of financial advertising, according to Consumer Director Christine Farnish. She feels that consumers should be able to buy financial products, rather than being sold them.

Author: Kay, William
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
Financial Services, Finance and Insurance, Officials and employees, Laws, regulations and rules, Financial services industry, Interview, United Kingdom. Financial Services Authority, Farnish, Christine

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Farmers fighting to keep their markets open

Article Abstract:

The outbreak of foot-and-mouth disease in the UK has halted the expansion of farmers' markets, of which there were 300 by the end of 2000. It had been hoped that sales through farmers' markets would reach 100 million pounds sterling in 2001.

Author: Kay, William
Publisher: Financial Times Ltd.
Publication Name: The Independent
Subject: Retail industry
ISSN: 0951-9467
Year: 2001
Economic aspects, Farmers' markets

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