Hints and tips:
...He had success running rival Dollar General....
...A more fundamental challenge than measuring carbon is the finite capacity of soil to store it, according to scientists and environmentalists....
...Dollar General is testing mobile health clinics outside some of its stores. Amazon, Walgreens and CVS have all made big acquisitions in patient care services....
...That bifurcation is evident as “luxury, in general, is doing really well”, said Jessica Ramírez, senior research analyst at Jane Hali & Associates....
...Meta has pledged to spend $10bn a year on developing its own virtual world, where stores such as Forever 21’s might one day exist....
...The company does flag some potential risks in its S-3 filing, like (emphasis ours): if we or our third-party service providers experience a security breach or cyberattack, or if our private key is lost...
...It is revamping its Model S though (see Tech Tools below)....
...His father owned a shoe store while his mother was an English professor at California State University’s Northridge campus....
...When she takes over in March she will be the only African-American woman running an S&P 500 company and one of just five black chief executives in that club at a moment where pressure from investors, consumers...
...The like-for-like increase was the biggest since S&P Capital IQ began keeping track of the figures in 2011....
...Even so, three of Simon’s top occupants have filed for Chapter 11 bankruptcy, while its largest, Macy’s, faces widespread store closures....
...Shares in General Mills were down 7 per cent by lunchtime in New York although they are still up 7 per cent for the year, compared with a 21 per cent slump in the S&P 500 index....
...Forever 21’s struggles threaten to exacerbate a developing crisis in US shopping malls, which have been particularly hard-hit by a wave of store closures and bankruptcies of household names including Sears...
...Analysts are forecasting like-for-like sales declines at department store chains Macy’s and JCPenney, according to data from S&P Capital IQ....
...A version of this article was first published by Nikkei Asia on January 19. ©2021 Nikkei Inc. All rights reserved....
...So join us tomorrow to see what this quarter holds in store, if its anything like the past few, you won’t want to miss it....
...It’s important to note that this data only goes through to 2017, but we know from disclosures from app stores and company filings that the growth spike has only continued....
...Mondelez shares were down 0.6 per cent, while those in General Mills were off 0.3 per cent, versus a 0.1 per cent decline for the benchmark S&P 500....
...Chewy intends to use net proceeds for working capital and general corporate purposes....
...The S&P 500 retail group said it planned to close as many as 390 of its 8,200 Family Dollar stores this year, more than three times the number last year, and also convert another 200 to the better performing...
...M&S swiftly pulled it from its food range....
...Apple, General Electric and Goldman Sachs have found themselves towards the bottom of the S&P 500 and Dow Jones Industrial Average leader boards as company-specific issues overtake broader market concerns...
...Since then, Dollar Tree has generated total returns of 16 per cent, compared with 43.8 per cent for rival Dollar General and 31.6 per cent for the broad S&P 500, according to FactSet data....
...Dollar Tree led the decline on the S&P 500 on Thursday as investors gave the bargain chain’s quarterly results and revised full-year outlook a cold reception....
...“Regulations surrounding these cross-border transactions and fintechs in general are still evolving, which could prove to be challenging to these newer business models,” said Mr Wang at S&P Global Ratings...
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