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...The company has encountered rising prices in many of its core commodity categories, such as lumber and copper, but chief executive Ted Decker said it was not entirely clear how inflation would affect consumer...
...Viewed in this way, lumber costs do not accurately indicate future DIY retailer sales. True, the astronomical surge in lumber prices did turbocharge top line growth at both companies....
...“For ‘jam tomorrow [companies]’, it’s been a wicked, wicked punishment all round.”...
...A surge in lumber prices has helped. Dearer commodities translate into higher prices for end consumers, boosting the top line....
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...On the former, companies are keen to limit the scope of any waiver....
...Today’s Europe Express newsletter looks at the Irish data protection commissioner Helen Dixon, who has been accused of not being tough enough on Big Tech in ensuring the online privacy rights of hundreds...
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...A version of this article was first published on May 24 by Nikkei Asia. ©2021 Nikkei Inc. All rights reserved....
...The company expects home sales in fiscal year 2021 to be between 77,000 and 80,000 units, an 18 to 22 per cent rise from the year that just ended....
...Economists caution, however, that higher lumber prices could weigh down on momentum as DIY accounts for about 40 per cent of lumber demand....
...The company declined to comment....
...Both Home Depot and Lowe’s operate cavernous warehouses filled with aisles of lumber, paint and lighting fixtures....
...John Cecil (possibly second left) of Kallo Inc, an American healthtech thing that has had some dealings in Ghana....
...A majority of companies in the S&P 500 index of leading shares have beaten analysts’ earnings forecasts so far....
...Lumber Liquidators on Tuesday agreed to pay $33m to settle US charges of fraud over the company’s initial response to accusations that laminate flooring made in China did not comply with health regulations...
...Ms Dixon oversees the pan-EU operations of the tech companies under rules allowing national data regulators to operate as a “one-stop shop” for the entire bloc for companies that meet certain criteria....
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...Seb James, the former Dixons Carphone boss hired by Mr Pessina in 2018, described the business as “a strange beast.”...
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