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...And one big event: Join the biggest names in football and finance at the FT’s Business of Football Summit, March 1-2....
...By the time Sam Walton opened his first Wal-mart in Rogers, Arkansas, in 1962, his playbook to build a global retail giant was already drafted....
...Stephen Feinberg’s private equity firm picked up about 700 unwanted stores while the main Albertsons buyer, a Midwestern food wholesaler, Supervalu, took on more than 1,000....
...“I can think of Nirvana shirts that I sold 15 years ago for $10 that are now worth anywhere between $1,000 and $5,000,” says Kirby Fisher, founder of the Vancouver-based store Dead Union, who says the bulk...
...He added that while initial uptake of Pop Mart characters was quicker in east and south-east Asian countries, where the group is also opening outlets, ultimately “our products don’t have national borders...
...Not long after, fans could pay $1.99 to download Kimoji, Kim’s emoji keyboard that featured her viral crying face, among other Kardashian iconography....
...Yet, as Charles Fishman wrote in The Wal-Mart Effect in 2006, Walmart derives all of its impact from us, “from our willingness to open our wallets, just a few dollars at a time . . ....
...In the US, sales were up 46 per cent on 2019; Americans bought 1.8m LPs in Christmas week alone....
...H Mart, the Asian grocery store chain, reported $1.5bn in sales last year, with 102 locations across the country....
...So Taufan joined 140 people, including some of his neighbours, who chipped in a total of about Rp550m ($40,000) to open a 212 Mart in East Jakarta in late 2018....
...Smart reads Gen Y plays with ‘FIRE’ Millennials are blamed for killing a lot of things — department stores, diamonds, the housing market and even napkins....
...The shop near the Cayce Homes projects in east Nashville is a lifeline for the neighbourhood, she says....
...Ahrendts, the former chief executive of luxury fashion group Burberry, had led Apple’s retail and online stores for the past five years. She will be replaced by Deirdre O’Brien....
...Yet as I ambled around the town on a sunny midsummer day, I found funky stores selling old LPs, an Indian lawyer who exulted in the “quality of life” in his adopted home, Chinese tourists by the busload...
...Japan’s Seven & i Holdings plans to have 1,000 7-Eleven stores in Vietnam by 2027, and Thailand’s B’s Mart chain is aiming for 3,000 locations....
...One example is the LA Jewelry mart, a large brick-façade building on Olive Street, which has been redeveloped as office space with retail stores on the ground level....
...John Reed is the FT’s south-east Asia correspondent and Bangkok bureau chief This article has been amended to reflect that Vingroup will not be the exclusive sponsor of Vietnam’s first Formula 1 race next...
...Room for growth Our survey of 1,000 urban Indonesians found that consumer preference for Indomaret is the highest, followed by Alfamart and its affiliated brand Alfamidi....
...We went ice skating at the historic Sun Valley Lodge, and I discovered the best toy store ever. Sun Valley Lodge, 1 Sun Valley Rd, ID 83353 (+1800-786 8259; sunvalley.com/sun-valley-lodge)....
...climate deal exit) Bob Iger, Chairman and CEO, The Walt Disney Company (left after Paris climate deal exit) Rich Lesser, President and CEO, Boston Consulting Group Doug McMillon, President and CEO, Wal-Mart...
...And against Wal-Mart’s 4,700 stores, Whole Foods has 460....
...Its US operations continued to expand with comparable sales increasing 1.2 per cent, helped by a rise in traffic of 0.7 per cent....
...For 2017, Kroger is predicting identical-store sales excluding fuel to remain flat or grow as much as 1 per cent, in line with the full-year 1 per cent identical-store sales growth it posted for 2016....
...executive, BlackRock Bob Iger- chairman and chief executive, The Walt Disney Company Rich Lesser- president and chief executive, Boston Consulting Group Doug McMillon- president and chief executive, Wal-Mart...
...Joy was thus unconfined among shareholders at Sunoco LP as the US energy partnership on Thursday sold most of its convenience store business to Japan’s 7-Eleven Inc for $3.3bn....
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