And in the real world... GM, Sainsbury's, Domino's and more

LONDON - Today's round-up of the biggest business stories.

And in the real world... GM, Sainsbury's, Domino's and more
And in the real world... GM, Sainsbury's, Domino's and more

Sainsbury's is disputing a report in yesterday's Times that the supermarket was loosing customers to its rivals. The supermarket is contesting the figures, based on "switching data", stating that its "till roll" data indicates that it has actually grown its market share from 15.7 to 15.9 per cent in the past year.
Source: The Times

Debenhams is launching a £250 million four-day sale in a shock departure from the sale timings being adopted by its competitors. The move follows predictions by Verdict forecast that consumers would spend around £500 million less this Christmas.
Source: The Financial Times

Domino's Pizza, the franchised pizza chain has resumed a share buy-back programmed with its directors selling £18 million worth of shares in the group. Almost 5.8 million of the shares put up for sale yesterday were sold for around 310 pence each.
Source: The Financial Times

General Motors has pledged to begin repaying the billions of dollars worth of aid given to it by the US government following better than expected results. After suffering a smaller than expected loss of $1.2billion for the period of 10th July to September, the company has promised to start repaying the "cash for clunkers" loans.
Source: The Guardian

The number of homes bought for £1 million or more in England and Wales is expected to fall from last year's figures of 5,200 to just 2,800 in 2009.Despite the 70 per cent decrease since 2007 the number of seven-figure property sales this year will still be 15 times more than in 1995.
Source: The Financial Times

US retail sales increased 1.4 per cent in October thanks to a rebounding demand for cars and easing fears of unemployment. Car sales accounted for most of the increase with sales in other areas of retail increasing just 0.2 per cent in October.
Source: The Wall Street Journal

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