Hints and tips:
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...He said the company had made “good progress” clearing inventory in “hardline” or consumer durable categories such as appliances and furniture but was having to increase markdowns on clothing in its US stores...
...The brothers said homewares — one of retail’s strongest categories during the pandemic, as housebound Americans upgrade their furnishings and appliances — was one focus of their expansion plans....
..., retailers say: more of their discretionary spending is going on experiences they missed out on earlier in the coronavirus pandemic, such as travel and eating out, rather than on clothes, furniture or appliances...
...In turn, domestic appliances reshaped politics....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Rivals AstraZeneca, Johnson & Johnson, Russia’s Sputnik V and new entrants such as Novavax make up the remainder of the market, which is forecast to double in value to $124bn next year....
...The AU will pay $6.75 a dose for the BioNTech/Pfizer vaccine and $10 for Johnson & Johnson’s, a single-dose product....
...Mr Johnson argued that the home improvement trend had room to run....
...on Thursday after the ride-hailing company promised profitability in the final quarter of this year, officials in London and Washington told the FT that Donald Trump vented in “apoplectic” fury at Boris Johnson...
...“Fees are infinitesimally small because index funds have spawned competition hugely beneficial to the investor,” says Ben Johnson of Morningstar, the fund-ratings group....
...strong the feeling against Netflix at Cannes, there will be an opportunity to watch one film that will be distributed by the streamer: Wounds by Babak Anvari, a thriller that stars Armie Hammer and Dakota Johnson...
...Looked at differently, Cyclicals are still priced for a V-shaped recovery, which might not happen....
...“It’s not like the standard V-shaped recession in emerging markets, such as in Indonesia in 1998 where it’s only a year and a half of real economic hardship,” he said....
...The group behind the Les Paul, Flying V and Epiphone brands filed for Chapter 11 bankruptcy protection in May, overwhelmed by the debt it took on to fund an ill-fated diversification into headphones and...
...The company has also sought to expand the reach of its in-house brands, selling Kenmore appliances and DieHard car batteries on Amazon....
...The break-up plan could see ESL bid for all or parts of Sears’ Kenmore appliance brand for an unstated sum; bid $500m for its PartsDirect appliance repair unit and its Home Improvement business, known as...
...Additional reporting by Tim Bradshaw and Andrew Edgecliffe-Johnson...
...Marvin Ellison, chief executive attributed the lower outlook on gross margin to a rollout of appliances and investments in the company’s ecommerce operations that have lagged behind the industry, writes...
...Investors pushed shares of home furniture and appliance retailer Conn’s higher, after the company reported a 3.1 per cent rise in second-quarter same-store sales and appointed a chief executive....
...Mr Levy said that the spread of interconnected appliances in homes and offices — the “Internet of things” — has been particularly important in pushing the companies towards a deal....
.... …………………………………………………………………………………………………………… Ben Hall, world news editor, picks: • Isis Inc: how oil fuels jihadi terrorists by Erika Solomon, Guy Chazan and Sam Jones• Why China’s ‘migrant miracle’ is...
...For five decades, Conn’s has conducted a business best described as subprime lending paired with the selling of home goods and appliances....
...From flying robots to smart-home appliances, the trade-off between speed, labour costs, component prices and manufacturing complexity is, in certain cases, tipping the advantage back towards the US....
...What caused a stir was the designer’s low V-neck mermaid gown with bandeau accent, modified from her autumn show....
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