Makers and Retailers

Samsung and Sony put an end to deep discounts on HDTVs

23 May 2012

Both Samsung and Sony, two of the world’s largest television makers, have begun enforcing minimum prices on their HDTV sets, in an effort to preserve profit margins, The Wall Street Journal reported. The plan could also protect retail chains such as Best Buy and Target from being undercut by online merchants such as Amazon. The new policy prevents U.S. retailers from advertising or selling ...

L.A. City Council Approves Plastic Shopping Bag Ban

23 May 2012

Plastic bag manufacturers took a hit Wednesday as the Los Angeles City Council voted to ban single-use plastic bags at grocery stores and other retailers in the city.

Market overview: FTSE closes down 137 at 5,266.

23 May 2012

1630: Today the BoE's top decision makers voted 8-to-1 to keep the Bank's quantitative easing programme steady at £325bn. Elsewhere, the British Retail Consortium reckons retail sales in April were a wash-out, ...