Iceland have expanded bagged snacks McCoys from crisps into frozen potato ridges. The products are exclusive to Iceland and are priced at £1.50 and Iceland bosses hope the new innovations into frozen foods will give shoppers different reasons to visit the store.
Sunday, 29 September 2013
Chocolate Winter Wonderland
It isn't even October yet but signs of the festive season are already beginning to appear. Cadburys are continuing to innovate in the chocolate market and have released a limited edition winter wonderland bar with tree shaped white and milk slices.
7 Day Switch
Around 35,000 British consumers moved their current accounts during the first week of a new industry switching regime aimed at promoting greater competition in the banking sector. Have the reduction of the barriers to entry now made this market more contestable? Great story for A2 Unit 3 Economics.
Egypt Holiday Demand Slump
UK tour operators say the recent violence across large parts of Egypt has taken its toll on demand for holidays in the country. Some classic economic theory behind this story but could you draw the demand graph for it?
$1bn Beats
When Beats first entered the market rivals did not think the company had a chance of getting music lovers to pay more than £250 for headphones. Beats accounted for 64% of headphones selling for more than $100 in the US in 2012 and now Dr Dre is set to sell his share in the business for a cool $250m which means the company would be valued at a huge $1bn.
Wednesday, 25 September 2013
Made of More
Guinness are well renowned for their unique and brilliant advertising throughout the years & their latest advert has had created quite a storm racking up 3 Million YouTube hits in just four days. The heartwarming advert has become a viral hit & another for Guinness to add to their famous collection.
£100,000 Watch
George Daniels was considered by many to be the finest watchmaker - or horologist - in the world. When he passed away his legacy was continued by Rodger Smith who started his studio in 2001 and produces by hand ten watches a year. Each of the watches take six months to make and prices start at around £95,000. What business topics can you see in this story?
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