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CEO projects share of sales will double as companies integrate technology into operations
...General Atlantic paused the sale of its 20 per cent stake in Starbucks operator Map Boga Adiperkasa in December, according to two people familiar with the situation....
...The DMA allows the EU to fine companies up to 10 per cent of annual turnover, rising to 20 per cent in repeat cases....
...But operational efficiency is only half the appeal of a convenience store....
...He is talking about Kim’s Convenience, his 2011 play turned popular Netflix sitcom, which follows a Korean immigrant family who run a Toronto store and is now playing on the London stage....
...The DMA allows the EU to fine companies up to 10 per cent of their annual turnover for failure to comply, rising to 20 per cent in repeat cases and ultimately leading to potential break-ups....
...you’re adding incremental sales to existing stores.”...
...In July 2016, a box of Slurpees, snacks and a chicken sandwich was flown from a 7-11 convenience store in Nevada to a nearby customer’s back garden by drone start-up Flirtey....
...The law would allow Japanese regulators to hit companies with hefty fines that could amount to up to 20 per cent of domestic annual revenue if they are found guilty of non-compliance....
...Macy’s is to close 20 per cent of its locations by the end of 2026, as the US department store chain implements a turnaround plan just a month after rejecting a $5.8bn takeover bid....
...The purchase will allow MFG to expand its electric vehicle footprint across the UK, from 130 sites currently electrified to 800 by 2030, as well as bolster its convenience store offering, the companies said...
...The law allows the EU to fine companies up to 10 per cent of annual turnover, rising to 20 per cent in repeat cases....
...Beijing also requires sellers of vehicles with self-driving technology to store the user data needed to improve their systems, which are largely developed in the US, in China....
...The company has struggled as people return to in-store shopping. Luxury ecommerce is also affected and is undergoing serious consolidation....
...Due to the impact of an active cyclone season in Australia, management has downwardly revised full-year daily production guidance to the lower end of the 20,000-23,000 boe range....
...The need to close stores, for example, could create volatility in the stock. And at a forward price/earnings ratio of 20, Dollar Tree is not obviously cheap....
...matchboxes from Thailand emblazoned with prints of folksy naga creatures (about £1), colourful plastic shopping bags from Taiwan (about £5.50) and the same white cotton red-lettered tea towels (about £1.20...
...It’s a big week for Singapore, which gets its first new prime minister in 20 years on Wednesday, when they wake up to Wong — Lawrence Wong, only the second non-member of the Lee family dynasty to lead the...
...Assuming a 20 per cent portfolio discount (which for the sector isn’t unreasonable right now) Action’s implied forward ebitda multiple moves towards 25x....
...Chief executive Daniel Frumkin said: “We remain committed to stores and the high street but will transition to a more cost-efficient business model while remaining focused on customer service.”...
...Costes x Liaigre The maison’s first capsule collection with the hip French hotel brand Costes will be unveiled at its flagship store on rue du Faubourg St-Honoré....
...Apple’s services business, which includes the App Store, iCloud, Apple Pay and Apple TV, recorded $23.1bn in revenue for the quarter, up 11 per cent from $20.7bn the year before, continuing to increase its...
...Companies that violate the new EU law face fines of 10 or 20 per cent of their global revenue. For Apple, that would be $77bn....
...The pharmacy chain now expects adjusted full-year earnings to be between $3.20 and $3.35 a share, compared with previous forecasts of $3.20 to $3.50....
...Apple says the DoJ is twisting the facts to match its theory, pointing to what it says is a 20 per cent share of the global smartphone market, which is far from a monopoly....
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