Royal Mail and the Communications
Workers Union are “inching closer to what is
believed to be a landmark three-year deal on pay and
modernisation”, reports the Mirror. According to the article, the CWU’s
national executive committee will meet today to consider the
latest proposals “thrashed out between the two sides over
the weekend”.
Online shoe store Shoe-shop.com has been
acquired by Pavers, a company owned by the
founder’s mother. The merger sees Pavers, which operates a retail
chain including more than 100 high-street stores, discount
concessions, and designer outlets, cement its plans to become a
multichannel retailer.
Despite recording a 5 percent sales increase to $24.3 billion
(£16.19 billion) in 2009, office supplies merchant
Staples disappointed investors with its fourth
quarter and annual results. According to Associated Press, shares in Staples fell more
than 10 percent year yesterday.Staples announced that income
decreased 8 percent year-on-year to $739 million (£492.5
million) in 2009.
In its international division sales increased 13 percent in US
dollars and 14 percent in local currency to $5.3 billion compared
with the full year 2008.
Shop Direct is bolstering its virtual private
network (VPN) by installing Windows 7 at its 10,000-strong PC
network. The system’s DirectAccess functionality will allow staff
at Shop Direct’s brands including Very,
Marshall Ward, and Littlewoods
to connect to the corporate network from virtually any internet
connection, writes Computer World.
Share