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• The Indianapolis Star reports that the Reed’s soft drink company is selling stock in the company in an unusual way – putting tags around the necks of its bottles that offer consumers the right to buy them at the price of $4 per share. Owner Chris Reed reportedly hopes to raise $8 million in capital using this strategy.

• There are reports in the British media that the instore television network created by Tesco, the nation’s largest retailer, has stalled because of lack of interest on the part of manufacturers expected to support it through advertising.

Tesco announced the network about a year and a half ago, saying that it planned to have Tesco TV in 300 of its largest stores; however, it only has been put in 100 units, and there reportedly are no plans for additional installations.
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