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		<title>Tesco&#8217;s first half profit up 11%.</title>
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		<pubDate>Tue, 30 Sep 2008 15:55:45 +0000</pubDate>
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Supermarket giant Tesco today announced a 11% rise in its half-year pre-tax profits which rose to £1.44 billion from £1.29 billion last year with sales rising 13% to £25.6 billion. Like-for-like sales grew by about 7% which seems very good especially since consumers are cutting back on their spending and discount retailers like Aldi, Lidl, [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=bizeasy.wordpress.com&blog=4029501&post=143&subd=bizeasy&ref=&feed=1" />]]></description>
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		<title>$143 for a Barrel of Oil</title>
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		<pubDate>Mon, 30 Jun 2008 13:24:46 +0000</pubDate>
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		<description><![CDATA[The cost for a barrel of oil reached a record level of $143 today (30 June). The direct implication of this is likely to be a rise in prices of petrol and diesel. But it is not only the motorists who are going to be affected, everyone will be affected either directly or indirectly. For [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=bizeasy.wordpress.com&blog=4029501&post=19&subd=bizeasy&ref=&feed=1" />]]></description>
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		<title>Co-op members to share £38m Dividends</title>
		<link>http://bizeasy.wordpress.com/2008/06/26/co-op-members-to-share-38m-dividends/</link>
		<comments>http://bizeasy.wordpress.com/2008/06/26/co-op-members-to-share-38m-dividends/#comments</comments>
		<pubDate>Thu, 26 Jun 2008 21:13:35 +0000</pubDate>
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The Co-operative Group, or &#8220;Co-op&#8221;, announced that its members, around 2.5 million of them, will be given £38m under its dividend scheme. This may not come as a surprise to many as yesterday discount stores Aldi and Lidl reported an increase in growth. This may be due to the fact that since more and more [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=bizeasy.wordpress.com&blog=4029501&post=9&subd=bizeasy&ref=&feed=1" />]]></description>
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		<title>Boom for Discount Stores</title>
		<link>http://bizeasy.wordpress.com/2008/06/25/boom-for-discount-stores/</link>
		<comments>http://bizeasy.wordpress.com/2008/06/25/boom-for-discount-stores/#comments</comments>
		<pubDate>Wed, 25 Jun 2008 19:37:33 +0000</pubDate>
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		<category><![CDATA[Iceland]]></category>
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		<category><![CDATA[Morrisons]]></category>
		<category><![CDATA[Retailer]]></category>
		<category><![CDATA[Sainsbury]]></category>
		<category><![CDATA[Store]]></category>
		<category><![CDATA[Tesco]]></category>

		<guid isPermaLink="false">http://bizeasy.wordpress.com/?p=8</guid>
		<description><![CDATA[According to recent figures, discount stores Aldi and Lidl have recorded sales growth of 20% and 14.9% respectively on a like-for-like basis. Even Iceland, which specialises in frozen food, has had a growth of 15.2%. Now this may not look that significant, unless you compare it to the growth reported by the established supermarkets-Tesco, Sainsbury, Asda and Morrisons-which reported a [...]<img alt="" border="0" src="http://stats.wordpress.com/b.gif?host=bizeasy.wordpress.com&blog=4029501&post=8&subd=bizeasy&ref=&feed=1" />]]></description>
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