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...A version of this article was first published by Nikkei Asia on May 15 2023. ©2023 Nikkei Inc. All rights reserved....
...phenomenons like AMC Entertainment, GameStop and as DD delved into yesterday, Bed Bath & Beyond....
...“GameStop shares are probably worth less than $10, based on the company’s fundamentals. That fact will assert itself eventually, whatever anyone does, and someone will lose a lot of money....
...In the UK JD has a roughly 50:50 split between malls and high streets so is well hedged for customers choosing to shop locally....
...Amazon bookstore chain plans Amazon is planning to open 300-400 bricks-and-mortar bookstores, the head of a major US mall operator said....
...Adjusting for certain items, GameStop said it earned $2.15 a share, a penny below forecasts....
...Mr Musk also said that he expected the company to achieve profitability by 2020....
...Aside from Citi, Kingdom owns some serious assets – stakes in companies like Apple, Pepsico, Proctor & Gamble, News Corporation – as well as genuine trophy assets like the Hotel George V in Paris....
...Immoeast last month opened Golden Babylon Rostokino, Europe and Moscow’s largest shopping mall....
...People usually head back to the shops after downturns to buy all the things they had been putting off when times were tough, helping the economy spring back in a cheerful V-shape....
...“V-shaped” recoveries, in which employment comes roaring back, take place only when there’s a lot of pent-up demand....
...GameStop is paying Electronics Boutique shareholders a mix of cash and stock that values the company at $55.18 per share a 34 per cent premium to its closing share price on Friday....
...Its scale, even as part of an office tower and shopping-mall complex so sprawling that it looks like a city itself, is epic....
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