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Bed Bath & Beyond's turnaround is not enough to fix the struggling business, analysts say
cnbc.com/2022/09/01/bed-bath-beyonds-turnaround-is-not-enough-to-fix-the-struggling-business-analysts-say.html
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Raymond James downgrades Bed Bath & Beyond, says turnaround plan 'only kicks the can down the road'
cnbc.com/2022/09/01/raymond-james-downgrades-bed-bath-beyond-says-turnaround-plan-only-kicks-the-can-down-the-road.html
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Bed Bath & Beyond's turnaround is not enough to fix the struggling business, analysts say
cnbc.com/2022/09/01/bed-bath-beyonds-turnaround-is-not-enough-to-fix-the-struggling-business-analysts-say.html
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Raymond James downgrades Bed Bath & Beyond, says turnaround plan 'only kicks the can down the road'
cnbc.com/2022/09/01/raymond-james-downgrades-bed-bath-beyond-says-turnaround-plan-only-kicks-the-can-down-the-road.html
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Stores closing include Family Dollar, Express, and Macy's in 2024: Family Dollar plans to close at least 600 locations in 2024, and eight other retail chains are ...
businessinsider.com/stores-closing-in-2024-list
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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
Israel's economy is robust: After the terrorist attacks, Israel's economy and civil society are proving to be very robust. What's more ...
nzz.ch/meinung/israels-widerstandskraft-ist-ungebrochen-ld.1826806
Energy security: Habeck employees are said to have ignored concerns about the nuclear phase-out
spiegel.de/wirtschaft/soziales/robert-habeck-mitarbeiter-sollen-kritik-am-atom-aus-ignoriert-haben-a-f2fc858d-41f5-46e7-ac7c-12e9435a827f
Quick Glance: CDU Official Demands Halt to Nuclear Power Plant Decommissioning
- A revelation from "Cicero" magazine indicates that the decision for Germany's nuclear phase-out was primarily driven by green anti-nuclear activists, sparking harsh criticism towards Economy Minister Robert Habeck.
- The Economy Ministry refutes the "Cicero" portrayal, emphasizing that decisions were based on transparent and open-ended evaluations.
- The CDU and FDP criticize Habeck, calling for clarification and a reassessment of the nuclear power plant decommissioning.
- Experts and politicians express concerns over potential public misrepresentation and the erosion of trust in the government due to the revelations from the documents.
AI can apparently predict a person's political stance just by reading their face: That's according to a new study authored by researchers at the Graduate School ...
qz.com/ai-political-party-face-recognition-1851433898
Unemployment biggest worry in India, world's fastest growing economy: Reuters poll
reuters.com/world/india/unemployment-biggest-worry-india-worlds-fastest-growing-economy-2024-04-24/
How recommendation algorithms shape everything we interact with online: Quartz reporter Bruce Gil explains the formulas that influence what we stream, shop ...
qz.com/recommendation-algorithms-filter-online-1851426855
Reasons to be cheerful about Generation Z: They are not doomed to be poor and anxious
economist.com/leaders/2024/04/18/reasons-to-be-cheerful-about-generation-z
China: Economy outperforms first quarter forecasts: Strong performance in the manufacturing sector as well as new infrastructure projects helped China's ...
dw.com/en/china-economy-outperforms-first-quarter-forecasts/a-68835129
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
Bitcoin drops below $60,000 as nerves set in before the big 'halving' event: Bitcoin "halving," which is set to take place this week, is taking a toll on the ...
qz.com/bitcoin-below-60-000-bitcoin-halving-crypto-1851416763
Quick Glance: Bitcoin 'Halving' Completed, CoinGecko Reports
- Bitcoin, the world's largest cryptocurrency, completed its 'halving' on Friday, a phenomenon that occurs roughly every four years according to CoinGecko.
- Following the 'halving', Bitcoin remained relatively stable, dropping by 0.47% to $63,747.
- The 'halving' was integrated into Bitcoin's code at its inception to reduce the rate of new Bitcoins being created.
- Experts are divided on whether the upcoming 'halving' will boost Bitcoin's price, with some viewing it as already factored in, while others remain skeptical.
Walgreens embarks on another round of layoffs: The Deerfield-based company has been cutting jobs every few months over the last year.
chicagotribune.com/2024/04/16/walgreens-layoffs/
This explorer and conservationist is training citizen scientists to save the planet
weforum.org/agenda/2024/02/citizen-science-data-collection-training/
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/
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/
‘Blowout’ US retail sales shake bond and currency markets: Government debt sells off and dollar gains as latest sign of hot economy cools hopes of interest rate ...
ft.com/content/c2879370-192c-438b-ba01-7a99788f459a
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
Don't treat watches like stocks, Rolex's CEO says: The iconic brand just unveiled new models and discontinued one at the Watches and Wonders trade show in Geneva
qz.com/rolex-ceo-investment-stocks-watches-wonders-new-styles-1851397996
US retail sales beat expectations, boost first-quarter growth estimates: U.S. retail sales increased more than expected in March amid a surge in receipts at ...
reuters.com/markets/us/us-retail-sales-beat-expectations-march-2024-04-15/
The weight loss drug Ozempic is not linked to suicidal thoughts, regulators say: The European Medicines Agency announced the findings of its nine-month review
qz.com/ema-ozempic-suicidal-thoughts-1851406145
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/
The strong US economy is being driven by millions of baby boomers: Instead of a recession, the US economy has seen resilient job gains with growth trending at ...
businessinsider.com/us-economy-baby-boomers-are-driving-economic-strength-ed-yardeni-2024-4
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
Thailand's Central buys German luxury retail property KaDeWe
reuters.com/markets/deals/thailands-central-group-buys-kadewe-property-say-industry-sources-2024-04-12/
TJ Maxx applicant in disbelief after learning of $12 minimum wage: 'Not taking that f--king job'
nypost.com/2024/04/16/lifestyle/job-applicant-refuses-tj-maxx-post-after-learning-of-12-an-hour-pay-not-taking-that-f-king-job/
China will remain the world's No. 1 growth driver, says the Asian Development Bank
cnbc.com/2024/04/11/china-will-still-be-the-worlds-top-growth-driver-says-the-adb.html
Quick Glance: ADB Forecasts Developing Asia Growth at 4.9% in 2024, Risks Persist
- ADB raised its growth forecast for Developing Asia to 4.9% in 2024, highlighting ongoing challenges like escalating geopolitical tensions.
- China remains a concern for regional growth due to a prolonged property crisis and other issues.
- The ADB predicts regional inflation to decrease to 3.0% by 2025.
- Detailed GDP growth and inflation forecasts for various Asian countries were also provided.
Dollar rises to 5-month high, puts heat on yen; GDP data boosts yuan
reuters.com/markets/currencies/dollar-firms-after-hot-retail-sales-yen-languishes-china-data-awaited-2024-04-16/
Broadband ‘nutrition labels’ are now mandatory: Internet companies are required to display labels featuring prices, introductory rates and broadband speeds
qz.com/internet-broadband-fcc-rule-nutrition-labels-1851400144
Quick Glance: Broadband customers receive detailed price and performance information
- Starting today, the transparency of broadband services for internet users is being enhanced.
- The Federal Communications Commission has mandated that broadband providers must display all details regarding the pricing and performance of their services in clear labels.
- These labels provide clear and easily understandable information about price, speed, data allowances, and other aspects of high-speed internet service.
- The Affordable Connectivity Program has already enrolled over 23 million households across all 50 states, territories, and federally recognized tribal lands.
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
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
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
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
Nike CEO says focus on its own website and stores went too far as it embraces wholesale retailers again
cnbc.com/2024/04/12/nike-ceo-acknowledges-it-went-too-far-in-direct-push.html
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
- Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.
- Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.
- This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.
- Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.
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/
China Is Still Rising: Don’t Underestimate the World’s Second-Biggest Economy: Don’t underestimate the world’s second-biggest economy.
foreignaffairs.com/united-states/china-still-rising
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Peter Waddell to 'take big fight with Freshstream to High Court': Peter Waddell, founder of Big Motoring World has vowed to take legal action against ...
motortrader.com/motor-trader-news/automotive-news/peter-waddell-take-big-fight-freshstream-high-court-15-04-2024
Qantas introduces Classic Plus Rewards: Qantas Frequent Flyer members have a new way to redeem their points for seats – but at a higher cost ...
pointhacks.com.au/news/qantas-frequent-flyer-overhaul-classic-plus-rewards-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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Supermarket of the Year 2024 - Nominees in the category chain stores up to 3,000 sqm
lebensmittelpraxis.de/zentrale-management/39883-supermarkt-des-jahres-2024-nominierte-in-der-kategorie-filialisten-bis-3-000-qm.html
A Day in the Life of a Walmart Manager Who Makes $240,000 a Year: Nichole Hart walks 20,000 steps as she searches for super glue, encounters a disappointed Snoop ...
wsj.com/business/retail/a-day-in-the-life-of-a-walmart-manager-who-makes-240-000-a-year-3248037f
FTSE 100 Set to Resume Rise Closer to Record
bloomberg.com/news/live-blog/2024-04-09/ftse-100-what-s-moving-uk-markets-right-now-markets-today
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
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/
Dollar Tree hiking prices as high as $7, but some Long Island customers say they'll stay loyal
newsday.com/business/dollar-tree-raising-prices-7-family-dollar-a634a4cx
Home Bargains to open new site in Colchester at old B&Q site: Popular store Home Bargains is preparing to launch what will be its biggest site in Colchester ...
gazette-news.co.uk/news/24269913.home-bargains-open-new-site-colchester-old-b-q-site/
How to claim the $500 Walmart might owe you: Walmart resolved allegations of overcharging customers in a $45 million settlement that could mean payouts up to ...
businessinsider.com/how-to-claim-the-500-walmart-might-owe-you-2024-4
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
Apple Store Employees in New Jersey File to Unionize: Apple employees at the Apple Store in Short Hills, New Jersey have petitioned to unionize ...
macrumors.com/2024/04/10/apple-store-new-jersey-union-filing/
As Eid approaches, beware of rise in cyberattacks - News | Khaleej Times: GCC witnesses major rise in attacks as experts advise on protection options
khaleejtimes.com/business/tech/as-eid-approaches-beware-of-rise-in-cyberattacks
From Cubicle to Corporate Icon, Costco Finance Chief Ends 40-Year Run: Richard Galanti has stepped down as CFO after nearly four decades in the role ...
wsj.com/articles/from-cubicle-to-corporate-icon-costco-finance-chief-ends-40-year-run-52e986d1
Target has launched its new paid membership program as part of Circle Week: Target 360 Circle will be priced at $49 through May 18
qz.com/target-circle-week-amazon-walmart-discount-retailer-1851394907
On National Beer Day 2024, the US is drinking more Modelo than Bud Light as NA brews rise
usatoday.com/story/money/2024/04/06/national-beer-day-2024-history-facts-sales/73225409007/
The Best Mattress Toppers: After 300 hours sleeping on 17 models, we’ve chosen four memory-foam, latex, and fiber-filled mattress toppers ...
nytimes.com/wirecutter/reviews/best-mattress-toppers/
‘Our margins are threadbare’: UK’s craft beer scene says it’s on the brink: Small brewers are being squeezed, with a flurry of insolvencies hitting the sector ...
theguardian.com/business/2024/apr/08/uk-craft-beer-sector-financial-hurdles
Dollar stores are shutting down across America. They did this to themselves: These are tough times for two big US dollar store chains. In the past month ...
cnn.com/2024/04/11/business/family-dollar-99-cents-only-closing/
Retail sales jumped 0.7% in March, much higher than expected: Retail sales increased 0.7% for the month, considerably faster than the Dow Jones consensus ...
cnbc.com/2024/04/15/retail-sales-jumped-0point7percent-in-march-much-higher-than-expected.html
Is the $139 Amazon Prime Subscription Still Worth It?: Over the past half decade, fees have crept up—while perks have gone away.
wsj.com/tech/personal-tech/is-the-139-amazon-prime-subscription-still-worth-it-83a597c7
Is the US banning TikTok? Your key questions answered: A measure to outlaw TikTok is on its way to President Biden for his signature. So what does this mean for ...
richmond.com/news/nation-world/government-politics/tiktok-ban-congress-things-to-know/article_9b487ab0-428c-549e-af91-97e841e96f09.html
Quick Glance: Biden Signs TikTok Ban Bill Into Law, ByteDance Forced to Sell
- After signaling his intention, President Joe Biden signs the foreign aid package including the TikTok ban bill into law.
- The U.S. Senate passes a bill forcing ByteDance to sell TikTok or face a ban.
- ByteDance has nine months to sell TikTok to comply with the law.
- The U.S. government has been persistent in trying to ban TikTok due to national security concerns.
RMG export to US down 19% in January-February: Garment exports to the US declined 19.24% to $1.18 billion in January and February
thedailystar.net/business/news/rmg-export-us-down-19-january-february-3583331
Iceland's new Food Warehouse to give away loads of free food: The new Food Warehouse store will be opening on the retail park
kentlive.news/news/kent-news/icelands-new-food-warehouse-ashford-9215050
Comment on Galeria: Watch out, seller is coming: Attention, salesman coming: Thomas Middelhoff, Nicolas Berggruen, René Benko and now the new investors at ...
sueddeutsche.de/wirtschaft/galeria-einzelhandel-benko-1.6544781
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US employers added a surprisingly robust 303,000 jobs in March in a sign of economic strength
apnews.com/article/jobs-hiring-unemployment-economy-inflation-federal-reserve-1e456b8df0e11b218ed50f1ead6f6797
Quick Glance: US economy adds impressive 303,000 jobs last month
- Employers added 303,000 jobs in March, bringing the unemployment rate down to 3.8%.
- US stock futures rose slightly on Friday morning, but markets have had a rough week.
- The S&P 500 companies are expected to report positive first-quarter earnings, fueling optimism in the market.
- Investors are hopeful for a strong earnings season to continue the stock rally amidst concerns about inflation and interest rates.
We’ve been promised that EVs will lead to cleaner air. This Bay Area study just proved it
fastcompany.com/91077045/weve-been-promised-that-evs-will-lead-to-cleaner-air-this-bay-area-study-just-proved-it
No one has won the Powerball in 3 months and the jackpot is up to $1 billion: The last time someone won the Powerball jackpot was on New Year’s Day
qz.com/powerball-jackpot-has-no-winner-for-third-month-1851381379
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Eurozone inflation falls faster than expected - Latest News: The inflation that has squeezed European shoppers fell more than expected in March to 2.4 percent ...
hurriyetdailynews.com/eurozone-inflation-falls-faster-than-expected-192150
Google will delete billons of 'Incognito' browsing data records to settle a lawsuit
qz.com/google-incognito-privacy-data-class-action-settlement-1851379561
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China Is Still Rising: Don’t Underestimate the World’s Second-Biggest Economy: Don’t underestimate the world’s second-biggest economy.
foreignaffairs.com/united-states/china-still-rising
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We now know when people started eating eggs: Archaeologists say they’ve found evidence showing that humans in Central Asia began to raise ancient chickens for ...
qz.com/chicken-egg-origin-genetics-domestication-1851385866
Economy: Consumers unhappy as prices, inflation remain high: Many Americans are in a sour mood about the economy for one main reason: Prices feel too high ...
apnews.com/article/inflation-deflation-prices-economy-eggs-cars-consumers-e3c816373344d54b2e6bdb4be5ed999a
Drivers actually kept trying to cross the collapsed Baltimore bridge: The deadly collapse didn't stop people in cars who just need to get where they’re trying to ...
qz.com/baltimore-francis-scott-key-bridge-collapse-drivers-1851368415
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Quick Glance: Survivors of Baltimore Bridge Collapse: Workers in Their Cars
- Julio Cervantes survived bridge collapse, others missing or dead
- Construction workers were in their cars when ship hit bridge
- Two bodies found, four missing, presumed dead
- President Biden promises bridge reconstruction
Disappointing Q1 for retail: Retail commerce turnover in the first quarter of 2024 was disappointing, according to traders’ estimates.
ekathimerini.com/economy/1235662/disappointing-q1-for-retail/
Corporate profits hit record high as economy boomed in fourth quarter of 2023: Gross domestic product (GDP) and corporate profits both smashed expectations in ...
thehill.com/business/4561631-corporate-hit-record-high-as-economy-boomed-in-fourth-quarter-of-2023/
Gaza is on the brink of a man-made famine: Israel and Hamas reject a ceasefire even as people starve
economist.com/middle-east-and-africa/2024/03/27/gaza-is-on-the-brink-of-a-man-made-famine
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The AI doctor will see you…eventually: Artificial intelligence holds huge promise in health care. But it also faces massive barriers
economist.com/leaders/2024/03/27/the-ai-doctor-will-see-youeventually
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Ex-Minnesota Gov. Jesse Ventura says he will sell cannabis edibles: Former Minnesota Gov. Jesse Ventura has announced he is entering the cannabis market as a ...
apnews.com/article/jesse-ventura-minnesota-cannabis-marijuana-edibles-19f23b681f71e8962a126854de7d7911
Amazon to Remove ‘Just Walk Out’ Checkout Technology at U.S. Grocery Stores: The system uses cameras and sensors to charge customers after they leave stores.
wsj.com/business/retail/amazon-to-remove-just-walk-out-checkout-technology-at-u-s-grocery-stores-10869555
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