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Tag: wont

Business rates holiday won’t ‘save industry’s bacon’ | News

Yesterday chancellor Rishi Sunak extended the business rates holiday to all retailers, to help mitigate the growing economic impact of coronavirus. All retailers will be granted a 12-month business rates holiday. The government will also provide £330bn of government-backed loans and guarantees for UK businesses. This will be offered through two schemes. The first for larger …

Business rates holiday won’t ‘save industry’s bacon’ | NewsRead More

Commentary: Gap in very weak position, spin-off of Old Navy won’t help it

There is no real surprise from Gap’s third quarter figures: Sales are poor, profit is weak although marginally better than forecast, and the outlook remains gloomy. Given the relative lack of effort from management on resolving the underlying issues plaguing the company, it would be unreasonable to expect a different outcome. However, there is some …

Commentary: Gap in very weak position, spin-off of Old Navy won’t help itRead More

Nike won’t sell directly to Amazon anymore

Valentyn Ogirenko | Reuters Nike will stop selling merchandise directly to Amazon, as part of its push to sell more directly to consumers, the company confirmed to CNBC. The abrupt halt will end a pilot test that Nike and Amazon launched together in 2017. At the time, Nike agreed to sell a limited product assortment …

Nike won’t sell directly to Amazon anymoreRead More

Labour won’t win economic credibility by attacking easy targets | Nils Pratley | Business

It’s the knockabout stage of the general election campaign, so there’s no real harm in the leader of the Labour party summoning a few business villains for the crowd to boo. But let’s hope the manifesto will offer a more nuanced analysis of business in the UK. If business, in all its variety, ends up …

Labour won’t win economic credibility by attacking easy targets | Nils Pratley | BusinessRead More

Nordstrom says family won’t raise its stake in department store chain

Erik Nordstrom, Co-President and CEO of Nordstrom Inc, speaks during an interview on CNBC at the New York Stock Exchange (NYSE) in New York, U.S., October 22, 2019. Brendan McDermid | Reuters Nordstrom shares dipped on Monday after the department store chain said in a filing with the Securities and Exchange Commission the Nordstrom family …

Nordstrom says family won’t raise its stake in department store chainRead More