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Why Tesco’s Strengths Are No Longer Good Enough

Harvard Business Review

If round after round of profit warnings was not enough – group operating profits fell 20% between 2011 and 2013 and are likely to fall another 30% in 2014 — the company recently announced it had overstated its first-half profit by about $400 million. Aldi offers not just low prices, but convenience.

Retail 10
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Don’t Write Off the (Western) Focused Firm Yet

Harvard Business Review

In his article “ Why Conglomerates Thrive (Outside the U.S.) ” in the December 2013 issue of the Harvard Business Review , J. Given the still-prevailing “conglomerate discount” Western firms are subject to (i.e., In that same period PPG’s share price has risen by a compound average rate of 6.6%, compared to 5.1%