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Related Special Reports
...Hongkongers are increasingly flocking to mainland China on weekend getaway trips, attracted by cheaper groceries and American-style wholesale warehouses....
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...SSGA is responding to the growing importance of retail investors as a distinct distribution channel, which has traditionally accounted for a small part of the European ETF market behind wholesale and institutional...
...The low-end theory Last week I acted as a panel moderator at the FT Business of Luxury Summit in Monaco. It was a lot of fun....
...Its future as a standalone business is increasingly in doubt. The shares shed half of their already severely reduced value on Tuesday....
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...Companies It’s slim pickings for results this week, but Costco Wholesale is expected to rise owing to resilient demand for fresh food, groceries and fuel, despite decades-high inflation....
...What is now the world’s biggest standalone consumer health business has raised expectations with reports of a “strong” cold and flu season — bad for people, good for a business like this....
...A move into dark stores, where the company built its own warehouses and distribution centres and bought inventory wholesale, has been cast aside in favour of partnerships with major retailers, such as Malaysian...
...Discount stores Dollar General and Dollar Tree also report earnings as well as big box retailer Costco Wholesale and department store Macy’s....
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...“As a non-profit we made the decision that we would not buy salvage — in this business, there’s a lot of stuff that gets stolen in the middle of the night,” she says....
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...Yet it’s also important to realise that Sleep’s pitch was just as much about the fact the market hadn’t priced in Costco’s “perpetual growth” as much as it was about its customer-orientated business model...
...Futures linked to TTF, the region’s wholesale gas price, hit a record €137 per megawatt hour in early October, rising more than 75 per cent....
...For the corporate offerings this week, there are earnings from some of the leading UK insurers, housebuilders and bookmakers while big box retailers Target and Costco Wholesale report in the US....
...In other markets, the big retailers have wrested power from wholesale....
...Costco Wholesale, Ralph Lauren and Carlsberg were also among the companies that were sent the letter. Carlsberg said it already published information on human rights in its sustainability report....
...Wholesale retailer Costco, electronics retailer Best Buy, Starbucks and American Eagle Outfitters have issued mask mandates for customers....
...However the report added there were “still plenty of laggards . . . need further and greater pressure to act”, citing Starbucks and Costco Wholesale as examples....
...Why should Costco Wholesale do any better in China? Price is the reason Costco could thrive. Consumerism is unchained in China. But average wages remain modest....
...“There are discounts as the business is opening now. Meat is cheap here,” said Rick Zhou, 31, who drove for more than an hour to the store....
...“It’s what we’ve been doing for decades, just now we do it in a systematic and professional manner.”...
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