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By Helen Reid and Mimosa Spencer LONDON/PARIS (Reuters) – Burberry’s new CEO Joshua Schulman faces an uphill task to turn around the British luxury brand whose sales have declined sharply while its share price has dropped 40% this year, stoking speculation it could be a takeover target. The luxury sector…
Investing.com — In a recent note, Wells Fargo analyzed the potential financial impact on app developers and Alphabet (NASDAQ:) Inc’s Google, following the U.S. District Judge’s decision in the Epic Games v. Google case, which could lead to changes in the Play Store’s operations. More concretely, the firm’s analysts expect…
I do most of my weekly food shopping at Lidl and then I go to a second grocery store each week. Lidl’s prices are great, but its limited selection means I can’t get everything on my list there.I try to split grocery shopping over two days so the chore doesn’t…
Disney is breaking up with Apple — at least a little bit.Disney is no longer letting new customers sign up for Hulu or Disney+ via Apple’s App Store.The move comes after Disney CEO Bob Iger complained about app-store fees. If you want to sign up for a subscription to Hulu…
By Mike Scarcella (Reuters) – A U.S. judge on Monday ordered Alphabet (NASDAQ:)’s Google to overhaul its mobile app business to give Android users more options to download apps and to pay for transactions within them, following a jury verdict last year for “Fortnite” maker Epic Games. The injunction by…
By Jessica DiNapoli and Kaylee Kang NASHVILLE (Reuters) – Nearly every day, Latrina Begley, 37, of Nashville, or one of her six children, shopped at the Family Dollar down the hill from their home, using federal food benefits to buy Hot Pockets or frozen pizza, and staples like milk. But…
By Abigail Summerville NEW YORK (Reuters) -Store operator Arko is planning to divest its convenience store operations in a deal that could be valued at around $2 billion, as it looks to abandon a yearslong expansion strategy after grappling with a slowdown in sales from the store business, people familiar…
If you’re a Los Angeles local, the name “Erewhon” probably holds weight for you. The former locals-only grocery store, marketed toward fans of organic produce and the environmentally conscious, has gained nationwide recognition on social media over the past few years.The retailer, which recently announced plans to open its 11th…
Walgreens is one of many retailers that have called attention to theft from its stores in recent years.But one store employee says that the company is keeping its staff from doing anything about the problem.The employee, who is a customer service associate at a Walgreens store, said retail theft is…
CLEVELAND – The Sherwin-Williams Company (NYSE: NYSE:) reported a notable increase in its second-quarter earnings per share (EPS), surpassing analyst expectations and sending its shares up by 5%. The company announced an adjusted EPS of $3.70, which was $0.21 higher than the analyst estimate of $3.49. However, revenue for the…
