I can remember 12 years ago, there was a buzz about the coming of an “information highway” that would change how we do business. Then, all of a sudden, a line listing was added to my budget for Internet and web services.
Tesco is the world leader in customer loyalty programs, with its Clubcard, and owns dunnhumby, the world’s largest customer-loyalty analyst. For example, dunnhumby provides customer-loyalty analysis to Kroger, the second-largest U.S. grocer (after Wal-Mart), with 2,500 supermarkets.
If this economic downturn is like previous ones, the weak will get weaker while the strong get stronger.In recessions, companies with lots of cash tend to do better than companies with lots of debt, because they can step up to the plate to take advantage of fire-sale opportunities on undervalued assets like real estate.