Grocers take inspiration from the convenience store playbook

Grocers take inspiration from the convenience store playbook

Traditional grocers are mimicking local convenience stores with their new, small-format locations. Cabbage growers market said earlier this month that it plans to accelerate the rollout of its new store format, which has a much smaller footprint than its previous locations at 23,000 square feet from 32,000 square feet. The new Schnucks small format store, …

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Serious Fraud Office probes Deutsche Bank on securities sales

Deutsche Bank’s Large Derivatives Portfolio: Snowflake Away From Financial Collapse? (DB)

Dan Kitwood Deutsche Bank (New York stock market :comics) the stock price has fallen sharply in recent trading sessions as fears of financial contagion persist following the collapse of Credit Suisse (CS). There is clearly a lot of nervousness in market and it seems no one is quite sure what specifically drives the fears surrounding …

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Elon Musk Says Twitter Is Worth $20 Billion, Half of What He Paid for It

Elon Musk Says Twitter Is Worth $20 Billion, Half of What He Paid for It

Twitter worth much less than Elon Musk originally paid for it. In an email to his employees, Musk revealed that Twitter employees would receive shares based on the company’s $20 billion net worth, apparently revealing that the company had taken a hit from the 44 billions of dollars he had paid. Despite the loss, Musk …

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Microsoft says it has stopped its Xbox Game Pass $1 trial offer

Microsoft says it has stopped its Xbox Game Pass $1 trial offer

Microsoft has stopped its $1 trial offer for Xbox Game Pass Ultimate and PC Game Pass. The trial has been available for years, with brief periods where it wasn’t always available in some markets, and now it looks like Microsoft is considering new promotions instead. “We have discontinued our previous introductory offer for Xbox Game …

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Canada's Bankrupt 'Crypto King' Kidnapped, Tortured and Held for $3 Million Ransom

Canada’s Bankrupt ‘Crypto King’ Kidnapped, Tortured and Held for $3 Million Ransom

Canada’s self-proclaimed ‘Crypto King’ Aiden Pleterski was kidnapped, tortured and held for ransom after allegedly stealing millions from investors, court documents filed a claim earlier this month. Pleterski was filed for bankruptcy last August and the 23-year-old is accused of leading an investment scheme. Since the start of the bankruptcy proceedings, claims worth C$25 million …

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