The Mail reports that Nectar owner Loyalty Management
UK Limited has reported a profit lift from £1.3 million in 2006
to £5.4 million on sales of £194 million, and that sales
were down from the previous year’s £207 million after
Barclaycard exited the coalition.
Also in the article: Nectar "also sounded a warning note over market
conditions for 2008: ’The principal risks facing the company are
the health of the UK retail environment and the ability of the company
to offer an attractive loyalty proposition to existing and potential
sponsors.’
UK Limited has reported a profit lift from £1.3 million in 2006
to £5.4 million on sales of £194 million, and that sales
were down from the previous year’s £207 million after
Barclaycard exited the coalition.
Also in the article: Nectar "also sounded a warning note over market
conditions for 2008: ’The principal risks facing the company are
the health of the UK retail environment and the ability of the company
to offer an attractive loyalty proposition to existing and potential
sponsors.’
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