“We are delighted to welcome Andy Hornby as the new Chairman of Pharmacy2U’s board of directors and look forward to benefiting from his experience of the pharmacy industry and online retail businesses,” said Daniel Lee, managing director and Founder of Pharmacy2U.
“The imminent transition to electronic prescriptions across the NHS represents an exciting opportunity for Pharmacy2U, and Andy’s insights and leadership will be of significant value in helping us meet the challenges ahead while continuing to provide excellent patient care.”
“Pharmacy2U is an exciting organisation, and I feel privileged to have the opportunity to play a part in helping the management team achieve its vision for growth," added Mr Hornby.
It is thought that Mr Hornby will have some equity share in Pharmacy2U.
Source: www.telegraph.co.uk
Petra Kvitova in shock first-round exit at Eastbourne International - The Guardian
Petra Kvitova's preparations for the defence of her Wimbledon title suffered a setback when she was beaten by Russia's Ekaterina Makarova in the first round of the Eastbourne International on Tuesday.
The No2 seed, who beat Maria Sharapova in the final of last year's Wimbledon, lost 7-5, 6-4 to Makarova who is ranked 48th in the world.
Kvitova had looked in good shape heading into the grasscourt season, having lost in the semi-finals of the French Open to eventual champion Sharapova.
Makarova is joined in the second round at Eastbourne by the No5 seed Angelique Kerber of Germany who beat Russia's Elena Vesnina 3-6, 6-0, 7-5.
Source: www.guardian.co.uk
Sainsbury, Asda, Aldi, Lidl Get Jubilee Sales Boost - NASDAQ
By Ian Walker
LONDON--J Sainsbury PLC (SBRY.LN), Asda and discount retailers Aldi and Lidl were the clear winners in the market share war during the 12 weeks ended June 10, which includes the Queen's Diamond Jubilee, as Britons spent an extra 213 million pounds ($334.0 million) at the tills in the week building up to the long celebratory weekend.
However, market shares fell for the former retail sector darling, Tesco PLC (TSCO.LN), and Wm Morrison Supermarkets PLC (MRW.LN). In the 12 weeks ended June 10, Tesco's market share fell to 31%, from 31.4% in the 12 weeks ended June 12, 2011, while Morrison's share fell to 11.8%, from 12.2%.
J Sainsbury PLC's (SBRY.LN) market share rose to 16.6% in the 12 weeks, from 16.4%. Asda, a subsidiary of Wal-Mart Stores Inc. (WMT), saw its U.K. market share rise to 17.2%, from 16.6% in the comparable period a year earlier. Including Netto, which it bought in April last year, Asda's total market share was unchanged at 17.2%.
Upmarket retailer Waitrose also saw its market share rise to 4.6% in the 12 weeks ended June 10, from 4.4%, while discount retailers Aldi and Lidl's joint market share rose to 5.6%, from 4.9%. Separately, Aldi's share rose to 2.8% from 2.3% and Lidl's share rose to 2.8%, from 2.6%.
Edward Garner, director at Kantar Worldpanel, said the remarkable growth rate recorded over the Jubilee is a sign of what's to come during the Olympics when he expects grocery sales to soar.
"Competition is likely to be fierce with fortunes now considerably different among the big four," Mr. Garner added.
Sainsbury's and Asda's share rise was due to their successful price promotions--Asda with its Price Guarantee and Sainsbury's with its Brand Match, Mr. Garner said.
Earlier this year, Tesco issued its first profit warning in 20 years, citing the most difficult conditions for retailers in living memory. Since that time, however, the retailer has instigated a new round of price cuts and announced a GBP1 billion revamp of its stores.
Write to Ian Walker at ian.walker@dowjones.com
(END) Dow Jones Newswires 06-19-120659ET Copyright (c) 2012 Dow Jones & Company, Inc.
Source: www.nasdaq.com
Asda store to feature in Swinton shopping centre - menmedia.co.uk
An Asda foodstore and a new public square are promised at Swinton shopping centre in Greater Manchester in a scheme which will generate around 250 jobs.
Salford city council has approved plans to revamp the 180,000 sq ft centre three years after the complex became embroiled in the UK’s property crash.
In 2009, lenders at the West Bromwich Building Society forced the centre into the hands of Law of Property Act receivers. The centre was owned by clients of Mutual Finance.
The proposals include a 35,000 sq ft Asda store which is expected to be a catalyst for a wider regeneration of the shopping centre, with a new piazza, public areas and upgraded shops.
Layne Mercer, a director at GVA who is providing asset management advice for the scheme, said: “After years of neglect by the previous owners, we are delighted with the news and are committed to improving the centre for the benefit of the local community as a whole.
“Importantly, the scheme will generate around 250 new job opportunities for local people, adding further to the regeneration impact.
“We are now at the implementation stage and hope to start on site very shortly. We are delighted by the council’s decision as this echoes the support we have had from local people in getting to this stage. This will make a real difference to the town centre retail offer.”
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Source: menmedia.co.uk
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