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...The people who are buying it are retail traders.”...
...“There is no question that this is a pro-competitive, pro-consumer deal and that the FTC fundamentally misunderstands both the marketplace and the way in which consumers shop,” Tapestry said in a statement...
...For everyone else, the retailer’s determination to push harder into the pros market reflects its limited faith in a revival in housing more generally. pan.yuk@ft.com...
...Rising delinquencies as well as faltering retail sales growth will add to the pressure....
...But while retail spending on sportswear is back above pre-Covid levels — at $395.5bn globally last year, according to Euromonitor — share valuations have yet to catch up....
...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...
...Germany has the reputation of being a highly productive economy — and their respect for Sundays through retail closure could be deemed a factor in that....
Aggressive acquisitions have pushed sportswear chain into more than 30 countries
An unwinding of the Ticketmaster deal no longer looks far-fetched
Sellers will be able to charge different prices to consumers based on the card they use
...Cook said the Vision Pro launch in the US would be followed by “expansion to other countries later this year”....
...At the moment, the retail titan mainly sells ads on its websites, apps and self-checkout screens in stores....
Smol bean bag
The FTC has defined a specific market of accessible luxury it says will be harmed if the deal goes through
...If Netflix was a pro wrestling character, it would be cast in the role of heel....
...But it would also leave Macy’s exposed to rising rent payments and limit its ability to reinvest in the core retail business....
...At the time when she and Machin were appointed co-CEOs, Nick Bubb, an independent retail analyst, described the move to appoint co-chief executives “not just a fudge, but an M&S fudge”....
Japan is a pioneer of combining retail outlets with pharmacies and support services for ageing shoppers
...Pro sports, particularly in individual-based games like tennis, golf and fighting, benefit when the top talent is in a single league....
A glut of apartments available in the French capital this summer is pushing down prices
...Users will find the Vision Pro experience both new and familiar....
...Apple’s push of its Vision Pro comes as sales of its existing hardware are faltering....
...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....
Consumers pay the price of conflicting regulations in the sector
...Apollo’s blue logo will feature prominently this week at the AT&T Pebble Beach Pro-Am, though it won’t be the only private equity influence at the famed golf course....
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