Consignia Bank: Three Million Customers expected
The Department of Trade and Industry expects three million people to take out a basic bank account with the Post Office when they become available in 2003.
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Japan Post ceases to accept Remail
Japan Post has made the decision on to cease handling re-mail of any sort from January 1, 2002
Read MoreFrench parliamentary committee urges national post office to reform
A parliamentary committee urged the French government on Tuesday to introduce sweeping reforms at the country’s powerful national postal service. In a report, the committee said possible reforms could include La Poste spinning off its banking activities.
Read MoreOnline ordering forecast to rise to Pounds 42bn within next five years
Consignia, the state-owned post office group, has been criticised for cutting jobs at a time when the market for home deliveries is set to boom, thanks to online shopping.
Read MoreTPG EXPANDS WITH TAKEOVER OF BLECKMANN/TNT GOING DUTCH
December 2001 TPG has bought Bleckmann, the Dutch based Garment Logistics provider. This will complement TNTs existing retail logistics operations including hanging garment SCM.
Read MorePosten reduces its stake in Torget
Posten reduces its stake in Torget Posten today announced its decision to reduce its stake in shopping portal Svenska Torget AB. Emerging Technologies (ET), a minority owner in Torget since 2000, will acquire shares representing 45 percent of Torget from Posten. After the deal, ET will own 80 percent of the outstanding shares, Posten will retain a 15 percent stake, and minority interests will hold the remaining 5 percent. The operations agreement between Torget and Posten AB will not be affected by the changes. – The decision to sell a majority of its shares in Torget is an expression of Posten’s strategy to focus on core operations, said Agne Pettersson, Chairman of Torget AB and Vice President of Posten. Coincident with its increased ownership, ET will make appropriate staff adjustments that complement changes already made by Torget and that reflect current market conditions. The company’s goal is to avoid job cuts.
Read MoreConsignia criticised for cutting jobs as market for home deliveries is set to increase significantly
Consignia has been criticised for cutting jobs as the market for home deliveries is set to increase significantly. Verdict, the retail consultancy, says home delivery is set to grow rapidly over the next five years, driven by increased online ordering and more multichannel retailers and Consignia could be one of the main beneficiaries of this growth in its core market – if it is still in shape to make the most of the opportunity.
Read MoreDoorstep deliveries will not be scrapped
Consignia insisted yesterday that door-to-door deliveries, the traditional cornerstone of the service, are safe, despite growing speculation that plans are being hatched to scrap the service. A spokesman stressed concern over the future of the doorstep delivery service was unfounded and also said there were no plans to sell-off its loss-making Parcelforce delivery operation.
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