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...However, the move also cuts off a route to developers seeking to avoid the 30 per cent commission fees that Apple charges for purchases made through its App Store....
...Alice Ross is an FT contributor. Her book, “Investing to Save the Planet”, is published by Penguin Business. X: @aliceemross...
...Alice Ross is the FT’s acting international economy news editor. X: @aliceemross...
...By contrast Dollar Tree, whose stores are mostly in suburban locations and focus on middle-income households, has fared far better. Its same-store sales rose 6.3 per cent during the quarter....
...Store cards, with their high interest charges and late fees, turn out to be far more lucrative than running a brick-and-mortar store....
...On Monday, the EU fined Apple €1.8bn for policies on its App Store which it said raised prices for consumers....
...Retailer earnings: Ross Stores and Nordstrom will report this afternoon, potentially giving further insight into how consumer spending has fared in recent months as price pressures ease....
...But operational efficiency is only half the appeal of a convenience store....
...The 50 cents fee will apply immediately to downloads of alternative app stores....
...His clothing label A-Cold-Wall*, established in 2014, has standalone stores in China and a fleet of collaborations with names including Eastpak, Nike and Converse....
...President Joe Biden said he would sign a bill working its way through Congress that would ban US app stores from carrying TikTok unless its Chinese owner divests the popular video-sharing social media platform...
...It later granted Epic Games access to its App Store, after Brussels said it was probing Apple over its move to ban the game developer’s account....
...payment methods in the App Store....
...Google Play faces some app store competition on Android, but Apple stands alone with iOS. So be it, the Apple case judge ruled: its app store is very successful but “success is not illegal”....
...Last year, Montana’s governor signed into law a first-of-its-kind bill that would prohibit app stores from allowing downloads of TikTok in the state....
...The dollar store model has seen great growth over time and generates a lot of free cash flow....
...“The trial made clear that we compete fiercely with Apple and its App Store, as well as app stores on Android devices and gaming consoles,” White added....
...The Steam Bar is part of a new wave of Black haircare lines – such as Pattern Beauty by Tracee Ellis Ross, Thom by session stylist Cyndia Harvey and Charlotte Mensah – that deliver a luxury product to Black...
...Macy’s owns hundreds of its stores. Analysts think the property portfolio could be worth anywhere between $6bn to $12bn, with Macy’s flagship Herald Square store in New York City the crown jewel....
...The discount clothing chains TJX and Ross Stores reported strong same-store sales and good margin performance in the third quarter. Their consumer is just fine....
...its App Store or facing new “junk fees”....
...Some app developers have complained about Apple’s new terms and fees, as the DMA forces the company to open up its tightly controlled App Store....
...His labourers had to collect 500 coconuts a day to receive a wage in Cocos rupees, a currency of Clunies-Ross’s own making and redeemable only at the company store....
...The saving graces are a zesty Ellis Ross and the enigma that is Murphy, an actor whose comic timing is still casually brilliant....
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