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...Franziska Bossart, head of the corporate venture capital arm that was set up in 2022, told the Financial Times that “generative AI holds a lot of promise for robotics and automation” and is an area “we are...
World’s second-largest fashion retailer agrees to buy half of its recycled polyester supplies from new venture to revolutionise textile
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...Rising delinquencies as well as faltering retail sales growth will add to the pressure....
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...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...
Aggressive acquisitions have pushed sportswear chain into more than 30 countries
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...Cherry Ventures....
Sellers will be able to charge different prices to consumers based on the card they use
...and sales have slowed and returns from venture fund managers have cratered....
...By contrast, Home Depot suffered a 3 per cent decline in full-year revenues as its retail customers put off big DIY projects. Rival Lowe’s reported an even steeper 11 per cent drop in annual sales....
...At the moment, the retail titan mainly sells ads on its websites, apps and self-checkout screens in stores....
The FTC has defined a specific market of accessible luxury it says will be harmed if the deal goes through
Smol bean bag
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...But it would also leave Macy’s exposed to rising rent payments and limit its ability to reinvest in the core retail business....
Japan is a pioneer of combining retail outlets with pharmacies and support services for ageing shoppers
A glut of apartments available in the French capital this summer is pushing down prices
...This article has been amended to clarify that Steve Cohen’s Point72 Ventures fund has invested in 24 Exchange...
An unwinding of the Ticketmaster deal no longer looks far-fetched
...Some analysts consider it the future of online shopping, while others view it as a cash-guzzling venture with elusive profits....
...Yass, an avid poker player who got his start with horseracing, pushed the firm towards venture investing....
...The venture, called 22 Montaigne Entertainment after the address of the group’s Paris headquarters, will be overseen by Antoine Arnault, eldest son of LVMH’s founder Bernard Arnault, and by Anish Melwani...
...Inc., a footwear company based in California, agreed to settle charges for failing to disclose payments for the benefit of its executives and their immediate family members....
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