12 December 2024
12 December 2024
The judge granted a preliminary injunction to block the merger after a three-week hearing in Portland, Oregon.
Only 13% of UK consumers prefer cash, as digital payment methods gain ground, a new Payments Association survey shows.
The company raised its net sales guidance for fiscal 2024 to between $22.3bn and $22.5bn.
The retailer’s gross profit rose sharply by 20.9% to €2.7bn from the previous year's €2.23bn.
The combined enterprise aims for an adjusted EBIT margin between 6% and 8% by 2028.
As the boundaries between digital and physical commerce dissolve, retailers are rethinking their approach to customer engagement in 2025.
The ruling temporarily halts the merger, allowing the FTC to conduct administrative proceedings that will decide its final outcome.
The arrests impacted 28 organised crime groups which had caused more than £4m in losses.
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