Hints and tips:
...Kirkland & Ellis has hired tax lawyers David Levy and Brian Senie as partners. Levy and Senie join from Weil, Gotshal & Manges....
...If Herman Melville, Byron and Patrick O’Brian took inspiration from the Wager’s story, so did William Golding, whose Lord of the Flies Grann cites in his epigraph....
...Sears was once a dominant retailer. What we’re talking about is companies where as they get bigger, they actually get better at producing the underlying product....
...Speaking to investors recently, having weathered the storm of the first wave of a global pandemic, Amazon’s chief financial officer Brian Olsavsky put the company’s next challenge in the simplest terms possible...
...“Store traffic overall has trended down for a while,” said Brian Field, director of retail consulting at ShopperTrak....
...It also brings together some unusual characters, including former Canadian prime minister Brian Mulroney, the former governor of Massachusetts William Weld, American rapper Snoop Dogg and Martha Stewart,...
...One exception to the digital sales bonanza was Sears, which filed for bankruptcy protection last month. The department store chain’s online sales collapsed almost half from a year ago....
...Brian Cornell, Target’s chairman and chief executive, said the S&P 500 company was on course for its biggest annual increase in comparable sales since 2005....
...Target’s chairman and chief executive Brian Cornell argued at the conference last week that its big-box stores were “one of our most important competitive advantages”....
...Weil, Gotshal & Manges has hired Brian Parness as a partner in the law firm’s equity practice in New York. Parness was previously a vice-president and associate general counsel at Goldman Sachs....
...Brian Nagel, an analyst at Oppenheimer, reckons the moves in Home Depot’s and Lowe’s share price may be overdone: “We think a link up with Amazon should prove beneficial for the Kenmore brand....
...Top executives including Brian Moynihan told analysts on a call that the bank “can do better” and that it “didn’t get our fair share” of the investment banking pie....
...Brian Nagel of Oppenheimer offered a similar perspective, saying that the deal would be “more likely to keep Kenmore alive, even as Sears continues to falter, than pump new life into the legacy brand.”...
...Department store operators Kohl’s, Macy’s, Sears, JCPenney, high end jeweler Tiffany and booksller Barnes & Nobles have all reported that same store sales fell over the holidays....
...The figure is worse than the 1 per cent drop the market was expecting, and represents a rare setback for chief executive Brian Cornell, who has engineered a remarkable turnaround of the group since taking...
...aggressive push into online sales, coupled with a continued focus on building up its higher margin private-label brands have helped Target avoid the kind of sales slump seen across rivals Macy’s, Nordstrom, and Sears...
...Brian Cornell, chairman and chief executive, said he was “planning for a challenging environment” in the crucial second half, which includes the holiday shopping season and back-to-school sales....
...“We were losing money every day,” chief executive Brian Cornell admitted....
...Heat a large pan with a film of olive oil and sear the spinach until it wilts. Drain, squeeze out any excess water, turn out on a board and chop it quite finely before adding to the soup....
...“Target has failed miserably in Canada,” said Brian Sozzi, chief equity strategist at Belus Capital Advisors....
...“A lot more needs to be done to get the internet sales tax issue right,” said Brian Bieron, eBay’s senior director of global public policy....
...But investors should be cautious in their views regarding a fiscal cliff deal, said Brian Gardner, senior vice-president at Washington Research at Keefe, Bruyette & Woods....
...Retailers that have announced plans to close stores in the past 18 months include Sears, Gap and Abercrombie & Fitch....
...Brian Imus, head of the Illinois Public Interest Research Group, a public advocacy group that works to close corporate tax loopholes, said it was unclear whether the airlines had acted illegally, “but it...
...In 1981 he returned to Britain as deputy chief executive of Sears, the retailer, before Lord King hired him....
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