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March 10, 2009
Strong dollar to hit McDonald's profits
...affected by commodity costs. However, they would include a 3 to 4 cent gain from the sale of its minority interest in Redbox, an automated kiosk operator, that was the company's last non-core venture. Jim Skinner, chief operating officer, said the company... By Jonathan Birchall in New York
April 22, 2009
McDonald’s takes a knife to China expansion
...rose 3.5 per cent to $979.5m, or 87 cents per diluted share, including a 4 cent gain from the sale of its stake in Redbox, an automated kiosk company. The company said it expected lower food-cost inflation in the current year, as commodity prices ease... By Jonathan Birchall in New York
March 10, 2009
Strong dollar to hit McDonald's profits
...to be affected by commodity costs. But they would include a 3 to 4 cent gain from the sale of its minority interest in Redbox, an automated kiosk operator, that was the company's last non-core venture. Jim Skinner, chief operating officer, said that the... By Jonathan Birchall in New York
2:00am
Broker's upgrade helps Kingfisher outrun retail peers
...retailer peers yesterday as the market struggled.Shares in the B&Q owner rallied from a seven-month low even though British Retail Consortium data showed a slump in DIY sales in January.The rebound came after Redburn Partners said the stock had reached... By Bryce Elder and Neil Hume
2:00am
Intesa taps Morelli for retail division
...s two big banks, has tapped Marco Morelli, the chief financial officer of Banca Monte dei Paschi di Siena, to head its retail division.The Milan-based bank has also named him and Gaetano Micciché, head of corporate and investment banking, as general...
February 4, 2010
Movie Gallery files for bankruptcy
...out in particular the subsequent rise of Redbox, a service owned by Coinstar, that now...rentals by DVD rental kiosks operated by Redbox which offer low- priced rentals and convenience...Apple's iTunes service.He noted that Redbox's revenues had almost doubled from... By Jonathan Birchall in New York
February 3, 2010
Movie Gallery files for bankruptcy again
...he singled out the subsequent rise of Redbox, a service owned by Coinstar that now has...rentals by DVD rental kiosks operated by Redbox which offer low priced rentals and convenience...Apple’s iTunes service.He noted that Redbox’s revenues had almost doubled from... By Jonathan Birchall in New York
5:03am
Truckers index drives US GDP fears
...Management. It receives data every time a commercial driver fills up a truck with diesel, generating a picture of manufacturing and retail traffic.The index, which launches on Wednesday, has data going back to 1999. Its performance closely tracked rises and... By Matthew Garrahan in Los Angeles
February 3, 2010
Studio auctions steal limelight in Hollywood
...Walmart is cutting the shelf space it allocates DVDs while the emergence of low-margin DVD rental kiosk operators, such as Redbox, has further eaten into Hollywood profits from DVD sales.This makes for a tricky environment to sell, made worse by the... By Matthew Garrahan in Los Angeles
February 3, 2010
Studio auctions steal limelight in Hollywood
...Walmart is cutting the shelf space it allocates DVDs while the emergence of low-margin DVD rental kiosk operators, such as Redbox, has further eaten into Hollywood profits from DVD sales.This makes for a tricky environment to sell, made worse by the difficulties... By Matthew Garrahan in Los Angeles