Huge Poundstretcher closes after four years:
kentonline.co.uk/canterbury/news/budget-superstore-closes-down-after-four-years-258479/
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| Last Updated | Dec 02 21 |
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Commentary: Bought the wrong trousers? More retailers don't want you to return them
channelnewsasia.com/commentary/us-online-retail-return-policy-refund-waste-transport-4285776
Volvo Cars core operating profits rise in first quarter on higher retail sales: Swedish automaker Volvo Cars on Wednesday reported an uptick in first-quarter ...
cnbc.com/2024/04/24/volvo-cars-core-operating-profits-rise-in-first-quarter-on-higher-retail-sales.html
Retail warns of ghost towns: 5000 store closures threatened in 2025 alone: It's not just the Galeria insolvency that is increasing uncertainty in the retail ...
n-tv.de/wirtschaft/5000-Geschaeftsschliessungen-drohen-allein-2025-article24895286.html
Poundstretcher to open in former Wilko unit in Shipley: Poundstretcher will replace the former Wilko store in Shipley town centre.
thetelegraphandargus.co.uk/news/24271520.poundstretcher-open-former-wilko-unit-shipley/
Tesco accused of undercutting local shops via its wholesale business: Independent shopkeepers say prices they pay at supermarket’s cash-and-carry arm Booker are ...
theguardian.com/business/2024/apr/22/tesco-accused-of-undercutting-local-shops-via-its-wholesale-business
Former Wilko store in Derbyshire to reopen as Poundstretcher shop: The King Street unit, which had been empty for around seven months, is being transformed ahead ...
derbytelegraph.co.uk/whats-on/whats-on-news/former-wilko-store-belper-reopen-9239380
Colchester new Home Bargains store to be 'biggest' in city: The country-wide chain, which already has a site at Turner Rise Retail Park, has revealed its plans ...
gazette-news.co.uk/news/24270957.home-bargains-open-new-site-colchester-old-b-q-site/
Supermarket of the Year 2024 - The winners have been decided!: In a brilliant finale, the LP won the “Supermarket of the Year” event at the leading industry ...
lebensmittelpraxis.de/handel-aktuell/39950-supermarkt-des-jahres-2024-die-sieger-stehen-fest.html
GM and Ford count on gas-powered trucks as EV growth slows: U.S. automakers General Motors and Ford face a challenge in common when they report first-quarter ...
reuters.com/business/autos-transportation/gm-ford-count-gas-powered-trucks-ev-growth-slows-2024-04-19/
Sterling wavers as markets gauge reported Israeli attack on Iran: The pound was little changed on Friday after falling to a five-month low against the dollar in ...
reuters.com/markets/currencies/sterling-wavers-markets-gauge-reported-israeli-attack-iran-2024-04-19/
Hedin hits the acquisition trail in Europe: Hedin Mobility, the Swedish company headed by Anders Hedin (pictured), has expanded again with the purchase through a ...
motortrader.com/motor-trader-news/automotive-news/hedin-hits-acquisition-trail-europe-19-04-2024
Evercore consumer dealmaker Taetle is leaving the bank, sources say: Adam Taetle, a senior managing director at Evercore who advised on several transactions in ...
reuters.com/business/finance/evercore-consumer-dealmaker-taetle-is-leaving-bank-sources-say-2024-04-19/
UK retail sales stagnate despite easing inflation: British retail sales stagnated in March despite high inflation easing recently, representing the first time ...
reuters.com/world/uk/uk-retail-stagnated-again-march-ons-says-2024-04-19/
Kia UK hosts dealers at its new Kia Academy in Derby: Kia UK hosted an event at its new Kia Academy in Derby on 16 April which saw dealers including Acorn Motor ...
motortrader.com/motor-trader-news/automotive-news/kia-uk-dealers-reflect-equity-diversity-inclusion-18-04-2024
British retail sales stagnate as shoppers cut back on groceries: Economists had expected 0.3% growth in March
ft.com/content/d9995f34-4f7e-4ed1-a157-19ed9601d41a
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Westfield operator to waive a week's rent for tenants after attack: Normal trade will resume tomorrow, while doors will open for a "day of reflection" ...
9news.com.au/national/bondi-stabbing-spree-westfield-to-reopen-day-of-reflection/2162ffa5-cb3f-4ca5-8323-af44aac02dd9
WhoCanFixMyCar appoints new hires to senior leadership team: WhoCanFixMyCar has appointed two new hires to its Senior Leadership team. Craig Livings joins as ...
motortrader.com/motor-trader-news/automotive-news/whocanfixmycar-appoints-new-hires-senior-leadership-team-18-04-2024
Markets round-up: Escalating Middle East tensions deepen weekly slump: Global markets are poised for a third consecutive weekly decline as tensions rise in the ...
euronews.com/business/2024/04/19/markets-round-up-escalating-middle-east-tensions-deepen-weekly-slump
L.L.Bean announces layoffs, reduced call center hours due to online shopping surge
nypost.com/2024/04/17/business/ll-bean-announces-layoffs-reduced-call-center-hours/
Romford Poundstretcher set to be replaced by new shop: A Poundstretcher in High Street, Romford is set to be filled with a new shop selling furniture, appliances ...
romfordrecorder.co.uk/news/24262796.romford-poundstretcher-set-replaced-new-shop/
Newport thief stole from Tesco and Poundstretcher stores: Thief stole toys, chocolates and crate of Lucozade from shops during crime spree
southwalesargus.co.uk/news/24263708.newport-thief-stole-tesco-poundstretcher-stores/
Best password managers 2024: Protect your online accounts by @morphingball
Best password managers 2024: Protect your online accounts: The best password is one you probably can't easily remember—that's why a password manager is ...
pcworld.com/article/407092/best-password-managers-reviews-and-buying-advice.html
Quick Glance: Effective password management: Security for online accounts
- Password managers handle the creation and storage of passwords, while users are responsible for sharing.
- The selected options support various operating systems and browsers, with a guide to optimize usage.
- Recent developments at NordPass enhance service, offering a more affordable alternative.
- Different password managers offer unique features and pricing models to meet user needs.
US Senate committee investigates pricing of Novo's Ozempic and Wegovy: A U.S. Senate committee said on Wednesday it had launched an investigation into the prices ...
reuters.com/business/healthcare-pharmaceuticals/us-senate-committee-investigates-pricing-novos-ozempic-wegovy-2024-04-24/
Chipotle lifts annual sales forecast as customer traffic holds up despite uncertainties
reuters.com/business/retail-consumer/chipotle-mexican-grill-raises-full-year-sales-forecast-resilient-burrito-demand-2024-04-24/
Quick Glance: Chipotle lifts annual sales forecast despite uncertainties
- Chipotle raised its full-year sales forecast due to resilient demand for burritos and rice bowls despite higher menu prices.
- The company anticipates mid-to-high-single digit percentage growth in comparable restaurant sales for 2024.
- Chipotle implemented price hikes to protect its profit margin from increased ingredient costs like beef and avocados.
- Chipotle's adjusted profit in the first quarter came in at $13.37 per share, surpassing estimates of $11.68.
Nestle misses sales estimates after hiking prices across the board: Nestle on Thursday missed first-quarter organic sales growth estimates, as the world's ...
reuters.com/business/retail-consumer/nestle-misses-quarterly-sales-estimates-2024-04-25/
Reports: Caitlin Clark to sign 8-year, $28 million Nike deal
reut.rs/3WawaMY
Quick Glance: Caitlin Clark Secures Groundbreaking Contract with Nike After WNBA Salary Criticism
- Following public criticism of Caitlin Clark's modest WNBA rookie salary, she secured an impressive deal with Nike.
- As the top pick in the 2024 WNBA Draft, she landed a long-term agreement with the athletic footwear and apparel brand, including a signature shoe.
- This partnership represents the largest sponsorship deal for a female basketball player.
How social media is showing us what we like, rather than letting us find out for ourselves
abc.net.au/news/2024-04-25/how-social-media-algorithms-are-flattening-culture/103735868
Tesla profits drop 55% as Elon Musk dodges cheap car questions: Tesla spent $1 billion on GPUs even as its profit margins shrank by half.
arstechnica.com/cars/2024/04/tesla-profits-drop-55-as-elon-musk-dodges-cheap-car-questions/
Ambani's JioCinema cuts subscription prices as India's streaming war heats up: JioCinema, the streaming platform run by India's Reliance Industries ...
reuters.com/business/media-telecom/ambanis-jiocinema-cuts-subscription-prices-indias-streaming-war-heats-up-2024-04-24/
Starbucks loses appeal over union election at Seattle store: A U.S. appeals court on Wednesday rejected Starbucks' claims that an employee vote to unionize at ...
reuters.com/legal/starbucks-loses-appeal-over-union-election-seattle-store-2024-04-24/
Turkey’s ‘Orthodox’ Pivot Makes Lira a Favorite for HSBC: Turkey’s return to a more conventional approach to monetary policy is boosting investor confidence ...
bloomberg.com/news/articles/2024-04-24/turkey-s-orthodox-pivot-makes-lira-a-favorite-for-hsbc
Paid articlePaid Microsoft's AI lead puts Amazon cloud dominance on watch: Upcoming quarterly reports from U.S. tech giants may show Microsoft is closing the gap on ...
reuters.com/technology/microsofts-ai-lead-puts-amazon-cloud-dominance-watch-2024-04-24/
Bang & Olufsen Beosystem 9000c: Price, Specs, Release Date: Bang & Olufsen has released just 200 units of its new-old CD changer, but it reminds us that a ...
wired.com/story/bang-olufsen-beosound-9000-cd-changer-is-back/
Court revives Whole Foods worker's lawsuit over 'Black Lives Matter' masks: A U.S. appeals court revived a lawsuit accusing Whole Foods of illegally firing a ...
reuters.com/legal/court-revives-whole-foods-workers-lawsuit-over-black-lives-matter-masks-2024-04-24/
BASF CEO bids farewell with drop in Q1 earnings: Germany's BASF posted a drop in first-quarter adjusted earnings and sales on Thursday ...
reuters.com/business/basf-post-slight-q1-earnings-drop-beats-forecast-2024-04-25/
Plaintiffs' lawyers chosen to lead Ozempic litigation: A federal judge has appointed eight plaintiffs' lawyers to leadership roles in federal mass tort ...
reuters.com/legal/litigation/plaintiffs-lawyers-chosen-lead-ozempic-litigation-2024-04-24/
Blackstone to buy restaurant chain Tropical Smoothie: Blackstone has agreed to buy Tropical Smoothie Cafe, the private equity firm said on Wednesday ...
reuters.com/markets/deals/blackstone-buy-tropical-smoothie-cafe-2-bln-deal-wsj-reports-2024-04-24/
IBM to buy HashiCorp in $6.4 billion deal to expand cloud software: International Business Machines will buy HashiCorp in a deal valued at $6.4 billion ...
reuters.com/markets/deals/ibm-buy-hashicorp-64-billion-deal-expand-cloud-software-2024-04-24/
U.S. bank regulators extend comment period on Capital One-Discover deal: U.S. bank regulators announced Wednesday they were extending the comment period on ...
reuters.com/markets/deals/us-bank-regulators-extend-comment-period-capital-one-discover-deal-2024-04-24/
Biden administration races to safeguard environmental rules from congressional axe
reuters.com/world/us/biden-administration-races-safeguard-environmental-rules-congressional-axe-2024-04-23/
HSBC says growing Chinese wealth fuels client investments in US: HSBC's wealthy clients in China and Hong Kong are still eager to invest in the U.S. ...
reuters.com/business/finance/hsbc-says-growing-chinese-wealth-fuels-client-investments-us-2024-04-24/
John Lennon's lost guitar found after 50yrs; to be auctioned : John Lennon's long-lost 'Beatles' guitar will be auctioned on May 29 at Hard ...
wionews.com/videos/john-lennons-lost-guitar-found-after-50yrs-to-be-auctioned-714713
Retailer Walmex's quarterly profit jumps on more stores, higher wages: Walmart's Mexico and Central America unit posted a 14.4% year-on-year rise in ...
reuters.com/business/retail-consumer/walmart-mexico-posts-14-rise-q1-net-profit-2024-04-24/
Quick Glance: Retail Giant Walmex's Quarterly Profit Surges Due to Expansion and Wage Increases
- Walmart's Mexico and Central America unit saw a 14.4% year-on-year increase in first-quarter net profit, driven by strong sales attributed to Mexicans' higher disposable income.
- The retailer's quarterly revenue rose by 9.8% to 226.19 billion pesos, surpassing analyst estimates.
- Operating income for the quarter increased by 10.3% to 24.62 billion pesos, with an improved performance compared to sales growth.
- Current CEO Guilherme Loureiro will step down at the end of the month, with Ignacio Caride proposed to succeed him as Walmex's CEO and chairman of the board.
ServiceNow forecasts weak quarterly revenue as businesses trim spending: ServiceNow on Wednesday forecast second-quarter subscription revenue below market ...
reuters.com/technology/servicenow-profit-more-than-doubles-boost-ai-enabled-software-2024-04-24/
In-N-Out proposes second Clark County location in east Vancouver: California fast-food chain In-N-Out has proposed a second restaurant in Clark County — this one ...
columbian.com/news/2024/apr/23/in-n-out-proposes-second-clark-county-location-in-east-vancouver/
Quick Glance: In-N-Out Proposes Second Location in Clark County's East Vancouver
- In-N-Out has proposed a new location in Clark County to meet the growing demand in East Vancouver, as indicated by the pre-planning documents submitted.
- The proposed property currently hosts a vacant Rite Aid building and is set to make room for a modern development with a new restaurant if the planning application is approved.
- The plans include a spacious building accommodating 84 guests, along with a well-designed drive-thru lane for 30 cars and ample parking spaces for 74 vehicles.
- In addition to the stucco building, the restaurant will feature a patio with seating and will operate from 10:30 a.m. until midnight on weekdays and until 1:30 a.m. on weekends.
India's Axis Bank beats Q4 profit estimates on strong loan, NII growth: India's Axis Bank reported fourth-quarter profit above estimates on Wednesday ...
reuters.com/world/india/indias-axis-bank-beats-q4-profit-view-strong-loan-nii-growth-2024-04-24/
KPLC to pay Sh500 million for Nakumatt fire tragedy: KPLC will pay the owner of a building that housed Nakumatt Downtown supermarket more than Sh500 million for ...
standardmedia.co.ke/business/business/article/2001493801/kplc-to-pay-sh500-million-for-nakumatt-fire-tragedy
Zendaya-Palooza At Weekend Box Office As Luca Guadagnino’s ‘Challengers’ Looks To Serve $15M Opening & ‘Dune 2’ Returns To Imax – Preview
deadline.com/2024/04/zendaya-palooza-at-the-weekend-box-office-as-luca-guadagninos-challengers-looks-to-serve-15m-opening-dune-2-returns-to-imax-preview-1235893014/
India’s difficult business environment is improving : The changes are allowing Indian firms to become more dynamic
economist.com/special-report/2024/04/22/indias-difficult-business-environment-is-improving
Eni ups 2024 share buyback after Q1 net profit beats consensus: Italian energy group Eni said on Wednesday it would raise its planned 2024 share buyback by 45% ...
reuters.com/business/energy/eni-ups-share-buyback-after-q1-net-profit-beats-expectations-2024-04-24/
Next bankruptcy: Grocery retailer and Rewe supplier is insolvent: The wave of insolvencies continues: The dried fruit marketer Lemberona is facing financial ...
fr.de/wirtschaft/naechste-pleite-bio-lebensmittelhaendler-und-rewe-lieferant-ist-insolvent-zr-93030949.html
US consumer finance watchdog raises alarm over credit card megadeals: CFPB boss warns over competition and financial stability as Capital One and Discover pursue ...
ft.com/content/83ed2a96-8c5c-4242-89bc-21eb53a9f62a
Is Taylor Swift too big to fail?: For the first time in a long time, critics aren’t loving a new Taylor Swift album. Does it even matter?
theage.com.au/culture/music/critics-aren-t-loving-taylor-swift-s-new-album-does-it-matter-20240423-p5flw1.html
How a gag order showdown explains everything about Trump: Prosecutor Christopher Conroy captured the quintessential Donald Trump in a single sentence at the ...
cnn.com/2024/04/23/politics/donald-trump-gag-order-analysis/
Quick Glance: Trump's Attempt to Influence 2016 Election: Hush Money Trial Begins
- An prosecutor alleges that Donald Trump tried to illegally influence the 2016 election by preventing damaging stories about his personal life from becoming public.
- The trial, potentially lasting up to two months, will require Trump to spend his days in a courtroom instead of on the campaign trail.
- The indictment includes 34 counts of falsifying business records, punishable by up to four years in prison.
- The case sheds light on efforts to suppress stories, known as 'Catch-and-Kill' in tabloid industry, to prevent potentially damaging revelations.
Live news: Yen weakens to ¥155 per dollar as US stocks edge higher
ft.com/content/df08445b-c568-4473-85f5-4d7efd2cfa6a
Haleon names Dawn Allen as CFO: Consumer healthcare firm Haleon said on Wednesday that Dawn Allen has been appointed as its new chief financial officer ...
reuters.com/business/healthcare-pharmaceuticals/haleon-names-dawn-allen-cfo-2024-04-24/
Nvidia-backed startup Synthesia unveils AI avatars that can convey human emotions
cnbc.com/2024/04/25/nvidia-backed-synthesia-unveils-ai-avatars-that-can-be-generated-from-text.html
Pfizer vs Moderna battle over COVID vaccine patents begins in UK: Pfizer and BioNTech asked a London court to revoke rival Moderna's patents over technology key ...
reuters.com/business/healthcare-pharmaceuticals/pfizer-vs-moderna-battle-over-covid-vaccine-patents-begins-uk-2024-04-23/
Former National Enquirer boss reveals sleazy tactics the tabloid used to protect Donald Trump and smear his rivals
cnn.com/2024/04/24/media/national-enquirer-trump-protect-smear/
Express clothing retailer closing Santa Clara and Emeryville stores; sales start today
mercurynews.com/2024/04/23/express-clothing-retailer-closing-santa-clara-and-emeryville-stores-sales-start-today/
China's Huawei launches new brand for intelligent driving
reuters.com/technology/chinas-huawei-launches-new-brand-intelligent-driving-2024-04-24/
Once the West Coast's crown jewel, San Francisco's real estate market is crashing
nypost.com/2024/04/23/real-estate/san-franciscos-real-estate-market-is-crashing/
Quick Glance: San Francisco's Real Estate Market in Turmoil
- The city of San Francisco, once seen as the shining star of the West Coast, is now on the verge of collapse, with seemingly no one raising the alarm.
- In particular, the city's housing market has been severely impacted over the past year, with prices plummeting and homeowners fleeing en masse.
- Jamie Dimon, CEO of JPMorgan Chase, did not hold back in his comparison of San Francisco's issues to those of New York City, stating that the Bay Area is 'in far worse shape.'
- San Francisco is failing in all aspects, leading to a quiet collapse of its housing market, where once luxurious properties are now being offered at significant discounts.
Sanofi (SAN FP) Asks Banks to Pitch Roles for $20 Billion OTC Spinoff: French drugmaker Sanofi has asked banks to pitch for roles on the separation of its ...
bloomberg.com/news/articles/2024-04-23/sanofi-is-said-to-ask-banks-to-pitch-for-20-billion-otc-spinoff
Trump Sons Don’t Want Any ‘John Boltons’ in Dad’s Next Admin: Report: Don Jr. and Eric Trump have reportedly taken the reigns on assembling their father’s ...
thedailybeast.com/trump-sons-dont-want-any-john-boltons-in-dads-next-admin-report
Russia to cash in as Sberbank pays $8bn in dividends: Record profits at lender will bolster state coffers to help fund war on Ukraine
ft.com/content/8eaf2666-050e-4833-977c-8a33d572a811
Trans Mountain oil shippers raise concerns about risk of delay to full service: Some shippers on Canada's Trans Mountain expansion project are raising concerns ...
reuters.com/markets/commodities/trans-mountain-expects-first-ship-load-expanded-pipeline-second-half-may-2024-04-23/
Alzheimer's drug adoption in US slowed by doctors' skepticism: Nine months into the U.S. launch of the first drug proven to slow the advance of Alzheimer's ...
reut.rs/3Wbq0wc
Borealis at Gardens by the Bay: Witness the 'Northern Lights' at this free installation
cnalifestyle.channelnewsasia.com/entertainment/borealis-gardens-bay-northern-lights-389036
Russia Pushes Its Largest Private Bank to Redomicile at Home: Russia began moves to compel the country’s largest private bank to redomicile by seeking to suspend ...
bloomberg.com/news/articles/2024-04-24/russia-pushes-its-largest-private-bank-to-redomicile-at-home
Paid articlePaid 34-year-old making $49,000 a month in passive income: My favorite $0 side hustles you can start in 2024
cnbc.com/2024/04/24/ryan-hogue-on-his-favorite-zero-dollar-side-hustles.html
Citigroup, Wall Street’s biggest loser, is at last on the up: Jane Fraser’s unexpected success
economist.com/finance-and-economics/2024/04/18/citigroup-wall-streets-biggest-loser-is-at-last-on-the-up
Rubrik prices IPO at $32 per share, above expected range
cnbc.com/2024/04/24/rubrik-prices-ipo-at-32-per-share-above-expected-range.html
Time for Kering’s king to consider a step back: Kering Chairman and CEO François-Henri Pinault was 42 when his father François, the self-made billionaire who’d ...
reuters.com/breakingviews/time-kerings-king-consider-step-back-2024-04-24/
Quick Glance: Time for Kering’s King to Consider a Step Back
- Francois-Henri Pinault, Chairman and CEO of Kering, should consider bringing in fresh blood and possibly appointing a new CEO.
- In any sector other than luxury, shareholders might have already stepped in to suggest a change at the helm, but at Kering, founding families tightly control the company.
- The board of Kering should apply pressure on the chairman to at least give up the CEO role.
- Pinault should step back into the chairman's job and leave a new Kering chief the independence they will need.
Nvidia is buying an Israeli AI software startup that makes AI chips more efficient
qz.com/nvidia-buying-ai-software-startup-run-ai-1851432821
Newegg offers free membership program to boost signups — includes free shipping and special deals
tomshardware.com/pc-components/newegg-offers-free-membership-program-to-boost-signups-includes-free-shipping-and-special-deals
McKinsey faces US criminal probe over opioids work, sources say: McKinsey & Co is under criminal investigation in the United States over allegations that the ...
reuters.com/business/healthcare-pharmaceuticals/mckinsey-faces-us-criminal-probe-over-opioids-work-sources-say-2024-04-24/
Quick Glance: Investigation against McKinsey in the US over involvement in the opioid industry
- A grand jury was established to examine evidence related to consulting for pharmaceutical companies involved in the addiction epidemic.
- McKinsey is under a criminal investigation in the US for its involvement with opioid manufacturers.
- Furthermore, federal prosecutors are looking into whether the company impeded justice through its actions as concerns about its work grew.
- According to a source, the US Department of Justice has been scrutinizing McKinsey's activities for several years, with a grand jury now set up in Virginia to review evidence.
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