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...Instacart, a grocery delivery start-up, carried out an IPO in part to create liquidity for employees who had been granted RSUs....
...But the pandemic accelerated shifts in consumption habits away from Carrefour’s hypermarkets, a blend of big box department store with a grocery supermarket, said Jason Yu, managing director at consultancy...
...Instacart, the largest US grocery delivery app, cut 7 per cent of its staff this week in an effort to become more efficient....
...Proponents in the UK range from brokers to grocery delivery....
...Morgan Stanley estimates that across the US, about 11 per cent of grocery shopping takes place online. That compares to about a third of non grocery sales....
...podcasts, newsletters and influencers — from Julie Kelly, who has spread conspiracy theories about the January 6 2021 attack on the US capitol building, to Tucker Carlson, who launched his own online media outlet...
...When Apple launched the first app store for the iPhone 15 years ago, it created a new kind of retail outlet for software, not only virtual but much more profitable than a supermarket....
...The takeover of Inchcape’s dealerships will give New York-listed Group 1 Automotive which has outlets in London, sites in the northern part of the UK....
...The grocery and retail delivery sector, which Uber has sought to push further into, accounted for a fifth of annual growth in the delivery segment, the company said....
...First a whistleblower who had raised concerns about Boeing’s safety practices was found dead Saturday, according to multiple news outlets....
...Walmart’s massive grocery business generated nearly 57 per cent of total US revenues last year....
...Sometimes it doesn’t even take a decade: journalists at the shortlived US media start-up the Messenger have already lost everything they did for the outlet, because its website was taken offline mere hours...
...ProPublica, a non-profit investigative journalism outlet that has reviewed Yass’s tax returns, said the ByteDance stake accounted for a major part of Yass’s wealth and estimated he owned 75 per cent of SIG...
...Several media outlets noted that there were some heavy liquidations of positions on crypto exchanges, as traders with leveraged bets on the price going up and not enough funds in their accounts were removed...
...Instacart filed for an initial public offering on the Nasdaq exchange on Friday as the US online grocery-delivery company prepares for its shares to begin trading next month....
...Chief executive Doug McMillon said grocery inflation had started to normalise, with lower pricing on eggs, chicken and seafood....
...Under chief executive Dara Khosrowshahi, Uber has pushed into businesses beyond its core ride-sharing and restaurant delivery segments, including grocery delivery and advertising, which has boosted margins...
...The news outlet/hedge fund Hunterbrook, in its debut article/short sale, sent the stock of United Wholesale Mortgage down 8 per cent....
...The FTC is suing to stop the big Albertson’s-Kroger grocery merger. I’m not sure what to think about this....
...However, Apple has removed the apps of Russian propaganda outlets and sanctioned Russian banks from the mobile store....
...At the time, there was one brand — Burger King — with a network of 12,000 outlets across 70 countries. So-called system sales from all the outlets that used the brand were $15bn....
...Following Dutton’s calls for a boycott, two Woolworths outlets in Queensland, north-east Australia, were vandalised....
...The online grocery delivery company boosted its price range by about 7 per cent to $28 to $30 per share in a filing on Friday, valuing the group at up to $10bn on a fully diluted basis....
...This came after workers in Apple retail outlets accused the company of “intimidation tactics to deter organising”, claims denied by Apple....
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