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Tag: break

Tesco defends £635m dividend payout after coronavirus tax break | Business

Tesco has defended its decision to pay a £635m dividend while accepting a similar-sized tax break from the government’s emergency coronavirus support package. The Labour peer Andrew Adonis tweeted that it was “absolutely wrong” for Tesco to accept the business rates holiday worth £585m and said the retailer should “pay it back” if it could …

Tesco defends £635m dividend payout after coronavirus tax break | BusinessRead More

For India to create more tech unicorns, govt should break up monopolies of global internet giants, Retail News, ET Retail

By Gaurav DalmiaStakes for the Indian technology sector are high. Last year, $13.5 billion was invested in Indian tech startups. Flipkart, Paytm and Ola raised $4 billion, $1.4 billion and $1.1 billion, respectively. The remaining went to 882 startups, all hoping to disrupt industries. The stakes for Indian consumers are higher still. India’s middle class …

For India to create more tech unicorns, govt should break up monopolies of global internet giants, Retail News, ET RetailRead More

Taco Bell parent is buying Habit Burger to break into fast casual

Source: Habit Burger Grill Yum Brands‘ $375 million acquisition of Habit Restaurants gives the owner of Taco Bell, KFC and Pizza Hut an opportunity to break into the fast-casual industry at a time when fast-food restaurants are struggling. Habit operates Habit Burger Grill, a premium burger chain founded in 1969 with nearly 280 locations, including …

Taco Bell parent is buying Habit Burger to break into fast casualRead More

Debenhams kicks off make-or-break year with 19 store closures | Business

Debenhams will begin a make-or-break year with 19 store closures this month that will result in 660 job losses on the UK’s fragile high streets. The struggling department store chain will close the sites in the space of a fortnight as it presses ahead with a rescue plan announced last year. The closures starting on …

Debenhams kicks off make-or-break year with 19 store closures | BusinessRead More

It’s a make-or-break holiday season for these six retailers

For many, the holidays spark joy, and are a time to relax in the comfort of family and friends. If you’re in retail, however, it’s a bit of a different story — especially if your business is struggling. Some retail executives really feel the pressure this time of year, as the holiday season can make …

It’s a make-or-break holiday season for these six retailersRead More