Food fat-cats at the top of the table

Article Abstract:

The three richest families in Britain after the Queen have made their money from food. They are Gad and Hans Rausing, who own the Tetra-Laval drinks cartons company, Sainsbury, and Gary Weston, controller of Associated British Foods. Groceries do alright in a recession as everyone has to eat, but industrialists and financiers will overtake them when the economy recovers. An alternative reason for wealth from food could be overpricing. US and continental food retailers operate with net margins of 2%, compared to 6-8% in the UK. However, the majority of profits are invested in new building.

Economic aspects, Finance, Food industry, Supermarkets, Food prices

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Dixons stakes its chips on bigger being better

Article Abstract:

Electricals retailer Dixons Group is launching computer superstores called PC World. They sell hardware, software, related products, fax machnies and telephones. There are four superstores around London, including one at Staples Corner which attracts an average 3,000 customers on Saturdays. There is a choice of 5,000 lines seven days a week, displayed working with introductory software, and a separate games area. Shoppers, mainlycomputer enthusiasts and small business owners, are encouraged to use them.

Purchasing, Microcomputers, Services, Computer stores, PC World

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Wire-cutters raise the alarm

Article Abstract:

Dixons and Currys electrical stores suffer many burglaries through thieves cutting security communication wires which are beneath manhole covers. BT refuse to lock the manhole covers or resite them. BT has a national security centre in Stevenage, Hertfordshire, England, where a new system informs them immediately a wire is cut. Video surveillance, identification spray and facial mapping techniques are planned.

Usage, Safety and security measures, Retail industry, Retail trade, Statistics, Theft, Security measures, Security systems

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