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UK funerals market faces double probe

The UK's consumer markets watchdog and Treasury have announced separate reviews of competition and price transparency in the £ 2 bnfuneralsmarket.
 The Competition and Markets Authority said it would investigate whether the information provided by funeral directors on prices and services is clear enough. It will also assess how and why prices have changed.
 The Treasury is to examine regulation in the pre-paid funerals market, to “stop grieving families from being ripped off”. The government will consult on tougher regulation and propose

Marriott takes on Airbnb with new homesharing website

The largest hotel company in the world is putting Airbnb, HomeAway, and Booking.com on notice — along with fellow hoteliers AccorHotels and Hyatt.

Marriott International today is launching its official foray into the homesharing market via a six-month pilot in partnership with London-based home rental management company, Hostmaker.

Kroger Aims to Sell Convenience Stores

Kroger Co. said it may sell its convenience stores and cut other costs, as the nation's largest traditional grocer battles Amazon.com Inc. and other new competitors.
 The nearly 800 convenience stores, most of which sell gas, will likely fetch Kroger a higher return than profits delivered to the company currently, executives told investors at an annual meeting Wednesday at the New York Stock Exchange.