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Related Special Reports
...“It remains shocking to me how little attention companies put in the planning and execution of a lay-off.”...
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Last week, a verdict was passed down in the case of Walkers Snack Foods Ltd v Commissioners for His Majesty’s Revenue and Customs, with first-tier tribunal judges Anne Fairpo and Sonia Gable ruling against...
...We don’t know what happens to lay-offs [and] household income. And so given that we’re so early into the year and there’s a lot of unknowns right now, we’re simply taking a cautious outlook.”...
...In 2020 a coalition of Oracle and Walmart emerged as a likely buyer that could appease the White House, and some have suggested a similar solution now could be revived....
...Email me your thoughts at sid.v@ft.com. Latest news Amy Kazmin in Rome has a fascinating piece on why Giorgia Meloni is pushing back on Italy’s shift to digital payments....
...Walmart’s Flipkart faces big Indian fineIndian authorities are threatening to fine Walmart-owned ecommerce group Flipkart and its founders for alleged historic violations of the country’s foreign investment...
...The cash injection comes as the company lays the groundwork for a long-anticipated initial public offering....
...And unlike traditional IPOs, where executives are forced to lay low for fear of getting on the wrong side of regulators, Spacs allow these companies to use what some bankers are calling “regulatory arbitrage...
...Macy’s, Foot Locker and Victoria’s Secret-owner L Brands were among several companies that slumped to a quarterly loss after their stores were closed — in stark contrast to Walmart, which posted its biggest...
...“Right now if a businessman makes money and keeps his head down and lays low, then it is fine,” said Chen Zhiwu, a professor of finance at the University of Hong Kong. “Otherwise, it is no good....
...Mr Iyer denied reports that Walmart was preparing to exit its brick-and-mortar operations and had plans to lay off more staff in India....
...Having lost their jobs or fearing lay-offs, people are “in money-saving mode”, a retail-industry observer said....
...Anyway, there’s much to enjoy in the paper for policy wonks, technologists or historians, so do have a read if you want a break from wondering whether we’ll have a V-shaped recovery or not....
...more than 90 per cent since March, and a V-shape recovery is no longer in the cards....
...BuzzFeed has also tried to diversify, opening a toy store in Manhattan and selling cookware through Walmart, while launching a paid membership scheme....
...Bill Simon, a former head of Walmart’s US business, said the group’s big competitive advantage online lay in groceries....
...Japanese stocks perform poorly, even in global stock rallies because Japan Inc. has failed to promote corporate renewal....
...If more companies shut down or lay off workers, growth will take longer to recover even when Covid-19 passes....
...Big retailers including Walmart and Lowe’s posted robust sales last quarter....
...A version of this article was first published by the Nikkei Asian Review on November 13. ©2019 Nikkei Inc. All rights reserved....
...The results have been clear: lay-offs and slashed valuations for brands including Mic, Vox, Vice and Mashable, and the outright shutdown of sites such as Rookie....
...This move “lays down the gauntlet on Amazon”. Walmart has been investing heavily in ecommerce in an effort to catch up with Amazon....
...“Walmart is never going to want to be an expert in wool shoes.”...
...Pepsico follows retailer Walmart and truck operator JB Hunt Transport services in signalling a vote of confidence in Elon Musk’s attempt in disrupting the trucking industry....
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