What will a Sainsbury and ASDA merger mean for UK retail?

The confirmation in April 2018 of a merger between retail grocery giants Sainsbury’s and ASDA will likely have a massive impact on the UK retail market. Whether that impact will be good or bad remains to be seen. With previous individual market shares of 15.9 per cent and 15.5 per cent respectively, the combined share of more than 30 per cent means this new “super” supermarket will become the country’s grocery leader.

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Competitive Edge

This means that the new store, which has not yet been named, will hold almost a third of the market share, toppling Tesco off the top of grocery leader board. This potential domination of the retail arena could see the recent popularity of discount stores such as Lidl or Aldi, who are increasing their own market share, diminish; such a merger will give Sainsbury’s and ASDA the competitive edge.

Own-Brand vs Premium

Historically, the Sainsbury’s brand has been synonymous with the better-off shopper, although introductions of a discount range and the clothing “Tu” have helped to reach customers who are less affluent. With ASDA making their reputation on their discounted range and George clothing line, offering excellent value for money, they now offer a … Read More

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From CEO to CGO: How to Become a Chief Growth Officer?

Are you, as a small business owner, interested in becoming a Chief Growth Officer (CGO)? Are you on the lookout for a reliable business funding provider that can provide you with business financing at affordable rates? Just read this article and you’ll get answers to your questions.

Who Is a Chief Growth Officer (CGO)?

The three letters, CEO, have been around for too long in the business world. Why has the business world become so much interested in CGOs (Chief Growth Officers)? It’s simple. Business owners want growth more than anything else.

A Chief Growth Officer is capable of executing across the main activity areas that drive growth. These key areas include business development, sales, marketing, and product development. Investment, IT, and finance could also be included here. The advent of the Internet and Digital Age has made the role of Chief Growth Officers more important than ever before.

Who Is a Chief Growth Officer and What Does a CGO Do?

  • Is a great leader who inspires people
  • Builds a keen relationship and team inside and outside the company
  • Has hunter mentality and is a natural deal closer
  • Understands strategic direction
  • Creative and innovative persona
  • Deeply understands the Internet, digital
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Platinum, the reliable form of investing

 Platinum is a precious stone, which over the centuries been used as jewellery and as a measure of wealth in the era of barter trade. The name platinum is a derivative from Spanish term ‘Platina’ that loosely translates to ‘small silver’. The white stone is relatively scarce and this makes the stone more valuable compared to other precious metals. Platinum in comparison to other precious metals like gold, silver, and diamond has a shorter trading history although the short trading period; the results are promising.

Why invest in Platinum?

  1. Platinum has better price performance. In the recent one decade, the platinum market price has risen due to the last decade unfavourable economic times, which led to global inflation rates going up. People turned to precious stones, and this led more people investing in Platinum in the form of bars as well as valuable ornaments made of platinum to retain the value of money. This scenario was due to inflation and money value affected.
  1. It is a scarcer commodity in comparison to other precious stones like gold and silver. A more significant percentage of this rare product comes from Russia and South Africa. The cost of refining the ore is also
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