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...The cost of membership at Witkoff and PPG Development’s invitation-only Shell Bay club, which opened to the north of Miami Beach late last year, is $1.35mn....
...That is more than any of the biggest names in corporate America including Tesla, the $565bn behemoth whose stock is often frenetically traded....
...The annual retail value of returned goods in the US is said to be approaching $1tn....
...The Family Dollar deal, struck at an enterprise value of $9.2bn after a fierce bidding war with Dollar General, has instead left the retailer exposed to the toughest part of a struggling bargain retail market...
...Tesla has a relatively large share of retail shareholders. BlackRock and Vanguard only own 12 per cent together of all outstanding shares. Musk likes to do what he wants....
...The combined group would have revenues of about £4.7bn in North America, JD Sports said, adding that the region’s contribution to sales would increase to about 40 per cent, from current levels of about 30...
...Analysts at Bank of America think late fees represent between 14 per cent and 30 per cent of the companies’ credit card revenue....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...Lululemon, where a pair of yoga pants can set you back £108, saw a slower start to the year in North America....
...Lower prices put shares in the hands of more retail investors, and are especially helpful for those trading options....
...US bank JPMorgan, although not actually selling the data, is charging brands to target their ads at its retail customers based on their spending history....
...Aditya Bhave, an economist at Bank of America, wrote in a note to clients that March’s “blowout” retail sales numbers were “unequivocally strong”....
...America....
...Underscoring the market’s potential growth, a report by GroupM reckons advertising spending on retail media in North America will surpass television revenue by 2025....
...Retail sales: Economists expect that US retail sales ticked up 0.3 per cent in March, a slower pace than the 0.6 per cent rise in February....
...As America’s largest home-improvement retailer, Home Depot is often seen as a proxy for the US housing market....
Penalty against Toronto Raptors player Jontay Porter comes amid concerns about betting industry’s influence on sport
Can the e-commerce site grab market share from Amazon?
...US retail sales: Economists expect US retail sales to have increased 0.8 per cent month on month in February, which would be a rebound from a 0.8 per cent decline in January....
...Pepsi said the deceleration was largely due to a recall in Quaker granola products over salmonella concerns and weak sales in North America....
...According to Mastercard SpendingPulse, which measures activity in stores and online across all forms of payment, US retail sales on Friday excluding automotive categories were up 2.5 per cent year on year...
World’s biggest brands to spend $650mn on coveted ad slots, featuring celebrities from Lionel Messi to Jennifer Aniston
...The fact that the rises are small and that this is not the Federal Reserve’s preferred measure of inflation is not enough to negate the signal, especially combined with this week’s gangbusters US retail...
Delaware court previously voided chief executive’s $56bn remuneration
...Retail investors have rushed back into riskier assets, with net inflows to equity funds of £2bn, including record inflows of £1.4bn into US equities, according to data from funds network Calastone....
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