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...The company said the expansion of its evening trading offerings had boosted sales, with 1,200 stores now open until 7pm or later....
...Company results: Target, Ross Stores and Nordstrom will give further insight into how consumer spending has fared in recent months when they release earnings....
...But because the naira has depreciated by about 70 per cent in the past year, it’s essentially become this store of value. The economic situation is really dire for almost everyone in Nigeria....
...“We also note that the £1bn cost savings no longer has a target of reduced operational expenditure as a percentage of sales, which we don’t like.”...
...Supermarket chain Waitrose helped drive the improvement as it lifted prices, offsetting a weaker performance from department store John Lewis....
...Target, for example, makes no mention of “returnless refunds” on its site....
...The agency further argues that there is a specific labour market for handbag store workers that will soften....
...Beijing set its lowest economic growth target in decades, at 5 per cent, last year and this year....
...While some third parties use the tech, Amazon is now removing it from some of its larger stores in the US — though it will remain in smaller stores....
...John Lewis has now scrapped targets to derive almost half of its earnings from outside retail by 2030. But it retained a pre-tax profit target of £400mn by 2027-28....
...Copper enables hedge funds, trading houses and other institutions to securely store and trade crypto on exchanges....
...Target reported better than forecast results this morning....
...Retailers can see only what customers purchased at their stores; Chase has a bird’s-eye view of its cardholders’ complete spending habits....
...Most economists and the Bank of England expect headline inflation to drop below the BoE’s target of 2 per cent from the spring, reflecting the fall in the energy bills cap from April....
...Elliott has eyed the business as a possible acquisition target for several years, according to people familiar with the matter....
...Shurgard, which is valued at €4bn and had 301 stores in seven countries at the end of last year, has been on an expansion spree for the past few years, with a particular interest in acquisitions in London...
...And with a target to achieve “significantly more than 3,000 shops in the UK over the longer term”, it has no plans to slow down, prompting analysts to ponder just how long its rise can continue....
...Larger stores became a target after Mountain Warehouse developed a much larger product range during the pandemic, when it was forced to shift to online sales only and was no longer constrained by the size...
...— Where does economics get its targets from?...
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