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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...
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...Rising delinquencies as well as faltering retail sales growth will add to the pressure....
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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....
Zuckerberg’s AI plans may have knocked its stock market value, but he hopes his next venture will have dramatic impact
Smol bean bag
The FTC has defined a specific market of accessible luxury it says will be harmed if the deal goes through
A glut of apartments available in the French capital this summer is pushing down prices
...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
An unwinding of the Ticketmaster deal no longer looks far-fetched
...This article has been amended to clarify that Steve Cohen’s Point72 Ventures fund has invested in 24 Exchange...
...Some analysts consider it the future of online shopping, while others view it as a cash-guzzling venture with elusive profits....
...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...
...Citadel Securities was a supporter of Lutnick’s last attempt to take on the CME in 2007, which failed partly because the venture lost its planned clearing partner....
...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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