Hints and tips:
...CD&R, which owns UK supermarket chain Morrisons, raised $26bn for new deals last year....
...Women do most of the wine-buying in western supermarkets, but they’re underrepresented in wine’s upper realms – Sotheby’s estimates that just 10-15 per cent of its fine wine buyers are women....
...Because, at the time, Uber generally hid exact delivery locations from couriers after they’d completed their trips, it was hard for them to confirm how far they’d gone....
...And I'd love to think that wasn't the case....
...The Money Supermarket The 1998 megamerger between banking giant Citicorp and insurer Travelers Group created the world’s biggest financial services company. The experiment hasn’t gone to plan....
...“If it was Jamie Dimon saying that, I’d understand people getting pissed off, but when you are where we are you need to do better,” said one senior Citi banker, referring to the head of JPMorgan Chase....
...His grandsons are not much older than my nephews and the shares in their mini-portfolio are brands they can identify with, such as Hollywood Bowl, Greggs and Sainsbury’s supermarket....
...Until his untimely death, Wasserstein had been chief executive of Lazard, the firm he’d been tasked with turning around since quitting Allianz’s Dresdner Bank to take the helm in 2002....
...They’d listened to his music. They’d watched his gaming videos. They’d seen his beefs with other internet personalities and the scorn he’d thrown at the misogynistic influencer Andrew Tate....
...Could it really be that things were so bad we’d given up even caring for our appearance? If anyone was keeping the side up, it’s the barristers, I thought....
...The rightwing pundit Dinesh D’Souza put it more bluntly: “Walmart has gone woke”. I first came to Bentonville in 1999, when Walmart bid for the UK’s Asda grocery chain....
...And how I wish I’d known her when I was eight years old. Email Jo at jo.ellison@ft.com Follow @ftweekend on Twitter to find out about our latest stories first...
...Of course, we’d still need more delivery drivers. henry.mance@ft.com...
...The UK government is taking an “active interest” in the Meggitt takeover, despite commitments by Parker Hannifin to protect local jobs, R&D spending and investment....
...“I don’t know that they can keep opening 1,000 stores a year but people said years ago they’d run out of headroom and it hasn’t happened.”...
...In short: the brothers and TDR combined will pay just £780m in equity to take a majority stake in a supermarket group valued at £6.8bn....
...Decoupling denied: Japan Inc is still laying its bets on China in spite of the US-China rift....
...I mean, from the customers you're talking to, are they concerned that China Inc, as it were, has cornered the market for battery materials?...
...Well, likely the cost of one at the supermarket (plus perhaps a couple of extra pennies for the peeling). In the UK, that’d be 35p. In the US, we figure, about the same....
...Schwartz’s improv career began at the Upright Citizens Brigade school in a New York basement, where unspecified liquids leaked from the supermarket above on to the stage....
...He added there was “little doubt that the current system has directly led to the failure or chronic underperformance of many businesses, including banks, supermarkets and pubs”....
...“If I were a talented foreign executive, the last thing I’d want to be was president of a Japanese company.”...
...“We currently do not have a major programme envisaged, but as you’d expect we always review underperforming stores and seek out opportunities for consolidation,” a spokesman for the company said....
...But before we get to what we think the issue is with food delivery, we’d like to turn your attention to one insight shared by CEO Dara Khosrowshahi on the earnings call. It relates to centralisation....
...He’d have felt it was transformational and that it could be pursued.”...
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