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...Drahi is a prominent figure in Israel, where he owns a television news channel and a telecoms operator, and Qatar has hosted Hamas’s political office since 2012 while pouring hundreds of millions of dollars...
...Last week, Dollar Tree announced plans to close down nearly 1,000 — or 12 per cent of — Family Dollar stores....
...It said it would close 600 Family Dollar stores by the end of June and another 370 as leases expired. It would also close 30 Dollar Tree stores, and took a charge of $594mn for store closures....
...The need to close stores, for example, could create volatility in the stock. And at a forward price/earnings ratio of 20, Dollar Tree is not obviously cheap....
...Dollar Tree, which also owns and operates Family Dollar, says its stores bring quality products at affordable prices to communities around the country....
...When a courier received a receipt, all they saw was an anonymised route from A to B, alongside the number of miles and what they were paid....
...“It was impossible to sell a stake as a growth opportunity when sales are down, expansion plans are being scaled back, employees are being harmed in stores and there is no sign of the boycott ending,” said...
...“It’s the dollar losing utility as an asset to store trade surpluses,” says John Hathaway, managing partner of Sprott Inc, a Canadian asset manager specialising in metals....
...At more than 13mn b/d, production is at record levels, exports of American hydrocarbons have surged and the scale of annual profits has been unprecedented — largely driven by a jump in commodity prices following...
...The chief executive of cut-price retailer Dollar Tree, Rick Dreiling, said on a call with investors this week that its fastest-growing customer demographic earns more than $125,000 a year....
...There are now more than 19,000 Dollar General stores and over 16,000 Dollar Tree and Family Dollar outlets in the US and Canada....
...Dollar Tree, which operates more than 16,000 stores including Family Dollar Stores, expects fiscal year earnings to be in the range of $6.30 to $6.80 a share, which is lower than the previous year....
...A sign of the times, the fastest growing brick and mortar stores in the US are discount retailers Dollar General, Dollar Tree and Five Below....
...Rather than discuss Farfetch’s operations, Neves tried dazzling them by pitching a multimillion-dollar Super Bowl advertising campaign, according to two people with knowledge of the situation....
...Forbes’ billionaire list, he told the magazine, “I’ve been associated with Warren so long, I thought I’d be just a footnote.”)....
...“He was a dead duck,” says Charles Blau, who prosecuted the case. Blau, a Midwesterner from Indiana, knew they’d got lucky....
...When we recommend something and go, ‘We think you’d like this, or we think you’d like that’, we’re now getting a 95 per cent relevancy score with users....
...We get it, it can sometimes be difficult to keep up with family members. But forgetting you paid your sister nearly half a million dollars? That’s quite something....
...Crypto craziness Kobus Steyn thought he’d found a whale of a client. Then his assignment turned from make-work to murder, the FT reports....
...Inflation becomes less of a problem. The problems from the acquisition a few years ago at Family Dollar get better and the stock goes on a rip. Ethan WuYeah....
...chief Fred Goodwin on the fly to see if he’d finance a deal....
...They think it’s a good idea because Lebanon’s opaque banking system is very attractive to its rich Gulf neighbours who are looking for places to store their money....
...A block known as 43-ITT produces 55,000 barrels a day of oil — about 12 per cent of the country’s total of 480,000 b/d — according to national oil company Petroecuador....
...Dollar Tree, which operates more than 16,000 stores including Family Dollar Stores, now expects consolidated net sales to be in the range of $28.14bn to $28.28bn, compared with previous forecasts of $27.85bn...
...After we’d gritted through the unpleasantness of what Benson had termed “Phase 2” and reached the top of the stairs, we took a quick breather in the glow of the electric star topping the Christmas tree down...
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