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Ocado Group
Ocado Group is a British business based in Hatfield, England, which licenses grocery technology. It owns a 50% share of Ocado.com (the other 50% is owned by UK retailer Marks & Spencer) and licenses its grocery fulfilment technology to global retailers, such as Kroger in the USA and Coles Group in Australia. The company was floated on the London Stock Exchange on 21 July 2010, and is a member of the FTSE 100 Index. Ocado.com or Ocado Retail Limited (ORL) is a British online supermarket and describes itself as 'the world's largest dedicated online grocery retailer'. History Ocado was founded in April 2000 by Jonathan Faiman, Jason Gissing and Tim Steiner, former merchant bankers with Goldman Sachs. Ocado was launched in January 2000 as a concept and started trading as a business in partnership with Waitrose in January 2002. When the company first started, Faiman, Gissing and Steiner ran every part of the business themselves. In September 2006, Michael Grade became non-execu ...
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Public Limited Company
A public limited company (legally abbreviated to PLC or plc) is a type of public company under United Kingdom company law, some Commonwealth of Nations, Commonwealth jurisdictions, and the Republic of Ireland. It is a limited liability company whose shares may be freely sold and traded to the public (although a PLC may also be privately held, often by another PLC), with a minimum share capital of £50,000 and usually with the letters PLC after its name. Similar companies in the United States are called Public company, ''publicly traded companies''. Public limited companies will also have a separate legal identity. A PLC can be either an unlisted or listed company on the stock exchanges. In the United Kingdom, a public limited company usually must include the words "public limited company" or the abbreviation "PLC" or "plc" at the end and as part of the legal company name. Welsh companies may instead choose to end their names with , an abbreviation for '. However, some public l ...
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Goldman Sachs
Goldman Sachs () is an American multinational investment bank and financial services company. Founded in 1869, Goldman Sachs is headquartered at 200 West Street in Lower Manhattan, with regional headquarters in London, Warsaw, Bangalore, Hong Kong, Tokyo, Dallas and Salt Lake City, and additional offices in other international financial centers. Goldman Sachs is the second largest investment bank in the world by revenue and is ranked 57th on the Fortune 500 list of the largest United States corporations by total revenue. It is considered a systemically important financial institution by the Financial Stability Board. The company has been criticized for a lack of ethical standards, working with dictatorial regimes, close relationships with the U.S. federal government via a "revolving door" of former employees, and driving up prices of commodities through futures speculation. While the company has appeared on the 100 Best Companies to Work For list compiled by ''Fortune'' ...
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Andover, Hampshire
Andover ( ) is a town in the English county of Hampshire. The town is on the River Anton, a major tributary of the Test, and is situated alongside the major A303 trunk road at the eastern end of Salisbury Plain, west of the town of Basingstoke, both major rail stops. It is NNW of the city of Winchester, north of the city of Southampton and WSW of London. Andover is twinned with the towns of Redon in France, Goch in Germany, and Andover, Massachusetts in the United States. History Early history Andover's name is recorded in Old English in 955 as ''Andeferas'', and is thought to be of Celtic origin: compare Welsh ''onn dwfr'' = "ash (tree) water". The first mention in history is in 950 when King Edred is recorded as having built a royal hunting lodge there. In 962 King Edgar called a meeting of the Saxon 'parliament' (the Witenagemot) at his hunting lodge near Andover. Of more importance was the baptism, in 994, of a Viking king named Olaf (allied with the Danish king ...
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Michael Medline
Michael Bennett Medline (born July 4, 1963) is a Canadian businessman. In January 2017, Medline was named president and CEO of Empire Company Limited, a Canadian company whose core businesses includes food retailing, conducted through wholly owned Sobeys Inc., and related real estate. Medline is also known as the former president and chief executive officer of Canadian Tire Corporation. Medline was named president of Canadian Tire in November 2013, and succeeded Stephen Wetmore as CEO of Canadian Tire Corp. in December 2014. Previously, Medline was responsible for many of the company’s biggest acquisitions, including Mark's in February 2002, the Forzani Group in August 2011, and the acquisition of Pro Hockey Life in August 2013. On July 13, 2016, it was announced the board of directors voted to remove Medline, bringing back former CEO Stephen Wetmore. Background Medline was born in Toronto, and attended Huron University College at the University of Western Ontario in London ...
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Empire Company
Empire Company Limited is a Canadian conglomerate engaged mostly in food retail and corporate investments. The company is headquartered in Stellarton, Nova Scotia. Empire Company also owns the Sobeys supermarket chain. The company was founded in 1963. In total, the company owns, affiliates or franchises more than 1,500 stores; in addition to Sobeys, brands include Safeway, IGA, Foodland, Farm Boy, FreshCo, Thrifty Foods and Lawtons Drug. Acquisitions Empire Company has a long history of acquisitions: * 1976 Lawton's Drug Stores Limited, which operated 18 stores in Nova Scotia. * November 1980 - July 1981 Empire acquires Sobey Holdings Limited, gaining a 50.97% stake in the company. * February 1983 Empire ups its ownership of Hannaford Bros. Co., an American food retailer, to 25% (Sold in 2000) * June 1987 Empire buys the remaining 49.03% of Sobeys, making it an entirely owned subsidiary. (Sold in 1998, re-bought in 2007) * 1987 Empire buys out its partner in Empire Theat ...
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Sobeys
Sobeys Inc. is the second largest supermarket chain in Canada, with over 1,500 stores operating across Canada under a variety of banners. Headquartered in Stellarton, Nova Scotia, it operates stores in all ten provinces and accumulated sales of more than C$25.1 billionhttps://www.empireco.ca/wp-content/uploads/2019/07/2019-Empire-AR.pdf in the fiscal 2019 operating year. It is a wholly owned subsidiary of Empire Company Limited, a Canadian business conglomerate. It is a participant in the voluntary Scanner Price Accuracy Code managed by the Retail Council of Canada. History Sobeys was founded in Stellarton, Nova Scotia by John W. Sobey in 1907 as a meat delivery business. In 1924, his son Frank H. Sobey convinced him to expand into a full grocery business, serving the industrial Pictou County region. From that point until his death, Frank was the driving force behind the business. Sobeys opened its first self-serve supermarket in 1949. The chain eventually expanded thr ...
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Groupe Casino
Casino Group or Casino Guichard-Perrachon is a French mass-market retail group. It was founded on 2 August 1898 by Geoffroy Guichard under the corporate name Guichard-Perrachon & Co. Casino Group is the source of many innovations such as the first distributor's brand in 1901, the first self-service store in 1948 or even the display of a sell-by date on consumer products in 1959. As a historical player in mass-market retail in France, the group also started to grow internationally at the end of the 90s. It acquired GPA and Grupo Éxito in 1999, major companies in mass-market retail in Brazil and in Colombia. Casino Group operates across all food and non-food formats: hypermarkets, supermarkets, convenience stores, discount stores and wholesale stores. Other than the eponymous "Géant Casino" and "Casino Supermarchés", Casino Group owns other brands such as Monoprix, Franprix, Leader Price, Cdiscount, Vival, Spar, Sherpa and Le Petit Casino. Casino Group, currently managed ...
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Amazon Alexa
Amazon Alexa, also known simply as Alexa, is a virtual assistant technology largely based on a Polish speech synthesiser named Ivona, bought by Amazon in 2013. It was first used in the Amazon Echo smart speaker and the Echo Dot, Echo Studio and Amazon Tap speakers developed by Amazon Lab126. It is capable of voice interaction, music playback, making to-do lists, setting alarms, streaming podcasts, playing audiobooks, and providing weather, traffic, sports, and other real-time information, such as news. Alexa can also control several smart devices using itself as a home automation system. Users are able to extend the Alexa capabilities by installing "skills" (additional functionality developed by third-party vendors, in other settings more commonly called apps) such as weather programs and audio features. It uses automatic speech recognition, natural language processing, and other forms of weak AI to perform these tasks. Most devices with Alexa allow users to activate the devi ...
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Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ...
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Android (operating System)
Android is a mobile operating system based on a modified version of the Linux kernel and other open-source software, designed primarily for touchscreen mobile devices such as smartphones and tablets. Android is developed by a consortium of developers known as the Open Handset Alliance and commercially sponsored by Google. It was unveiled in November 2007, with the first commercial Android device, the HTC Dream, being launched in September 2008. Most versions of Android are proprietary. The core components are taken from the Android Open Source Project (AOSP), which is free and open-source software (FOSS) primarily licensed under the Apache License. When Android is installed on devices, the ability to modify the otherwise free and open-source software is usually restricted, either by not providing the corresponding source code or by preventing reinstallation through technical measures, thus rendering the installed version proprietary. Most Android devices ship with additional ...
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The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Guardian Media Group, owned by the Scott Trust. The trust was created in 1936 to "secure the financial and editorial independence of ''The Guardian'' in perpetuity and to safeguard the journalistic freedom and liberal values of ''The Guardian'' free from commercial or political interference". The trust was converted into a limited company in 2008, with a constitution written so as to maintain for ''The Guardian'' the same protections as were built into the structure of the Scott Trust by its creators. Profits are reinvested in journalism rather than distributed to owners or shareholders. It is considered a newspaper of record in the UK. The editor-in-chief Katharine Viner succeeded Alan Rusbridger in 2015. Since 2018, the paper's main news ...
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