Tag Archives: retail

Shortage does not eliminate big technology revenue—but | Instant News


The world’s largest technology companies effectively rely on chips to run.But their abilities provide them with some protection against Semiconductor production shortage At least for now, it is also plagued by other industries.

In the upcoming first quarter earnings report, how many protective measures will become obvious. Apple, Microsoft, Amazon.com, Facebook, and Google’s parent company Alphabet (Alphabet) are very different, but to some extent, they all sell their own devices with processors. , From smart phones to smart speakers to virtual reality headsets. They all run a huge network of giant data centers to provide cloud software, e-commerce and social networking services, as well as movies, TV shows and video games.

But the chip production is insufficient Troubled automotive and other industries The performance of large technology companies in the third quarter is not expected to change much. According to consensus estimates by FactSet, compared with the same period of the previous year, the revenue and operating income of the above five companies are expected to achieve strong double-digit growth. In fact, these five companies are expected to increase their revenue by an average of 29%-a feat considering that the group’s consolidated revenue may usually be slightly below $300 billion in the slowest quarter of each quarter.

The division’s operating income is expected to exceed revenue growth, indicating that analysts did not anticipate additional cost pressures that may be caused by factors such as component shortages. It is estimated that the operating income of the five major technology companies will increase by an average of 43% over the same period last year, reaching a total of approximately 61.5 billion US dollars.

How do large-scale technologies do this? The financial and operational influence of global technology giants usually puts them at the top of the list of chip and other key component manufacturers. Moreover, the prices of chips such as smart phones, personal computers and central processing units in data centers are much higher than the prices of many chips used in cars, which cost less than $1. As a result, chip manufacturers will give priority to the production of these high-end chips.

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Amazon launches a new food brand, Aplenty | Instant News


Amazon.com Inc.
AMZN,
+ 0.21%

Monday said it had launched a new privately labeled food brand, Aplenty, which would include snacks such as pita chips, crackers and mini cakes, as well as seasonings, frozen foods and kitchen staples.

Amazon’s newest label comes after a pandemic year in which consumers cook and snack more at home.

Overall, online grocery sales also jumped 52% in 2020, according to the JLL’s Grocery Tracker 2021 report. JLL provides market research, retail business insights, and retail property management services.

“It’s unlikely that people will abandon online shopping even when vaccines are widespread – with increased efficiency and costs, many customers are already doing it
added convenience to their weekly routine, ”said the report.

See: Smoothies and salads: Kroger says these 4 items account for 28% of his production sales

However, the report said that the widespread COVID-19 vaccination would drive increased eating in restaurants and could impact the grocery business.

But home food will always lead to sales, and grocery retailers are working to continue to drive demand, with private labeling a key part of that strategy.

Kroger Co.
KR,
+ 0.50%

says his private label is a $ 26 billion business by 2020. The pilot for Home Chef’s fast food is coming soon.

Target Corp.
TGT,
-0.13%

also launched another food brand in April, Favorite Day, which focuses on snacking.

In its latest revenue, Target said it has 10 proprietary brands with $ 1 billion in sales.

Too: Aim to launch another food and beverage brand in April, Favorite Day

Read: ‘Plexiglass will be awake for a while’: Shoppers remain anxious about COVID but head back to the store

And Albertsons Cos. Inc.
ACI,
+ 2.49%

announced in late March that it had partnered with Google for a series of technologies that would make online grocery shopping easier and more convenient.

Amazon shares are up 3.3% for the year while on the S&P 500 index
SPX,
-0.02%

has gained 9.8% for the period.

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Stock Markets Today: German Elections, UK Reopening, Chip Shortage Summit | Instant News


Good morning. The race to replace Angela Merkel heats up, Britain enters its next reopening phase and a summit on chip shortages takes place. This is what moves the market.

Replacing Merkel

The race to replace Angela Merkel as chairman of the Christian Democratic Union and Christian Social Union candidate for the September election is coming to an end two candidates. Bavarian leader Markus Soeder has joined the race, setting the stage for a bout with CDU party chairman Armin Laschet for the nomination. Rivalries can be resolved within 48 hours, either amicably or by unusual contested nominations for an alliance. Merkel herself, meanwhile, has Bill which will take the power to impose Covid-19 restrictions into the hands of the federal government as the country races to increase its vaccination program, which speeds up be doubled.

Advances in Vaccines

Britain took the next significant step in reopening on Monday, with non-essential retail and leisure sites start trading again and pubs and restaurants are allowed to serve outside people. This country is also close to a important milestones when so-called herd immunity can be achieved through nearly three-quarters of the population who have antibodies to Covid-19. In the US, there is growing tension over deployment vaccination requirements and in the European Union there is a split over the use of the intermediate AstraZeneca vaccine west and east of the block.

Chip Summit

US economic and national security advisers will meet more than a dozen chief executive on Monday to discuss the Biden administration’s infrastructure plans and the semiconductor shortages that are rocking the auto industry. The chip industry is facing demand surged and automakers are suffering because companies that make semiconductors focus their supplies on consumer sectors such as smartphones and televisions. It means plants currently unemployed, has the potential to thwart the recovery of the automotive sector. Pay attention to any details about the response, including incentivizing domestic chip production in the US and an overview of supply chain vulnerabilities.

Market Debate

The first tentative step into the next earnings season for European stocks is coming this week, with luxury giant LVMH and British grocer Tesco due to report, and analysts racing to increase profit forecasts as they bet the pandemic. on the way out. In the US, the bottom line maybe it doesn’t really matter because valuations are baking in a rate of return that won’t materialize for several years. There is heated debate, however, about what the next steps are for the bond market. The trading reflections that dominated the first months of the year have eased for now, and investors will be examining this week’s data for signals. price pressure.

Will come…

European and US stocks are ready to track Asian equities were lower as the week started, with stocks in China and Hong Kong underperforming. Oil prices calming down, with all assets digesting comments from Federal Reserve Chair Jerome Powell that the US economy is doing ready for stronger growth, even with the threat of Covid-19 it still blurs the picture. The European earnings calendar is subdued, while the economic agenda is topped by euro area retail sales and industrial sentiment in France.

What We Have Read

This is what caught our eye for the past 24 hours.

And lastly, this is what Cormac Mullen is interested in this morning

There appears to be no cheap way to gain equity exposure to the booming US economy and looking for a back door might even work against you. A basket of 38 European stocks with the majority of their sales in North America – including food retailer Ahold Delhaize, advertiser Publicis and medical device manufacturer Smith and Nephew – are already trading at a significant premium to their European counterparts, according to calculations by Bloomberg. The stock trades at nearly 20 times earnings next year versus just 16 times for the Stoxx 600. That valuation is not far from the S&P 500 trading at 20.5 times next year’s earnings, well above its own historical average. Unfortunately for European investors, holding a basket exposed to US does not guarantee performance like US equities. Little changed for this year, the portfolio has lagged behind benchmark US and European stocks by more than 9%.

Cormac Mullen is a cross-asset reporter and editor for Bloomberg News in Tokyo.

Like Bloomberg’s Five Things? Subscribe for unlimited access to trusted data-driven journalism in 120 countries around the world and get expert analysis from exclusive daily newsletters, Bloomberg Open and Close Bloomberg.

– With the help of Gearoid Reidy, and Cormac Mullen

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International travel does not rely on vaccine passports or QR codes | Instant News


Photographer: Bloomberg The World Health Agency has entered the controversy over vaccine passports, announcing its opposition. It is not known enough whether vaccines prevent transmission, says the WHO. And vaccine passports would not be fair to poorer countries where vaccination has been slow. They could discriminate against people who cannot be vaccinated. Although the agency has always been late to the Covid party, this time the WHO is probably right, but not entirely for the reasons it gives. Yes, it is true that vaccine passports would surely reinforce the inequality caused by the initial vaccine distribution. As you might expect, richer countries bought the lion’s share of available doses. The poorest nations are jostling each other. Requiring some sort of biometric or QR code as proof of vaccination as a condition of international travel would be bad publicity for the West’s supposed commitment to fairness. However, the claim of inequality could be overcome if such passports are truly necessary for economic recovery – as the travel and hospitality industries claim. But are they correct? Consider Godzilla v. Kong. Seriously. The More The film made nearly $ 50 million domestically in its opening weekend, a figure no one expected at a time when, supposedly, audiences were too scared to see it. go to the cinema. Across the world, the monster movie had nearly $ 300 million in revenue in its first week of release. But maybe we shouldn’t be surprised. It is increasingly clear that the public is much less afraid than a few months ago. As restaurants reopen, people are eating in droves. The malls are crowded. Popular demand for the freedom to live is finally exhausting the executive order restriction that has so characterized the pandemic response. I say this not to criticize public health officials, but to stress that people can often take risks. -versus-reward decisions on their own. It is true, as many suggest, that our acceptance of risk can pose risks to others. But the onus of showing that these externalities are worth the burden of special passports falls on supporters who may find it difficult to make their point: since vaccines have been around, people have been wondering how to show someone has one. In 1880, a letter to a medical journal complained that it was impossible to know for sure whether smallpox vaccination worked because the only “proof of vaccination” was the scar left by the bite – a scar that the appearance of the smallpox. disease could make it invisible. . Yet the world has survived: for over a century, we have accepted as proof of schoolchildren’s vaccination a piece of paper with a scribbled signature, or even, at one point, a simple statement from the child’s parents. Overseas travelers have long known about the yellow international certificate of vaccination, which is usually filled with an impenetrable hand. If proof of vaccination is important, why do we now need a fancy QR code? Yes, the small CDC-approved cards that show someone received the Covid-19 vaccine seem easy to tamper with. Or even to steal: On the site where my wife and I received our snaps, I noticed a bunch of new unmarked cards on an unguarded shelf near the back exit. prove that there is an epidemic of forgery or theft. Here, I feel the same as I do about voter identification laws: before we walk any further down the road to a society where we constantly prove our identity, supporters should at least be able to show off with something. more than anecdotes that a problem in fact exists. Yet even though we have survived for over a century with relatively straightforward evidence of vaccination against a variety of dangerous viruses, I have not been able to find a single reported case involving their tampering. Granted, in the current crisis, fake certificates have been offered for sale on the dark web for $ 250 or more, but we don’t know how many takers there have been, and it’s hard to imagine any the demand they generate, they will survive. the widespread availability of the vaccine itself, which is free. This in turn suggests that distributing more doses around the world (estimated to cost $ 27 billion worldwide – barely a drop in the American bucket these days!) Is the cheapest and easiest way. to prevent any potential tampering. And that would have the significant advantage of helping the poorest countries to overcome the pandemic. This column does not necessarily reflect the opinion of the Editorial Board or of Bloomberg LP and its owners. To contact the editor responsible for this story: Sarah Green Carmichael at [email protected] Before he’s here, it’s on the Bloomberg terminal. LEARN MORE .



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Skinny Jeans and 9 Other Styles Your Dating | Instant News


LAST MONTH, I found that I was behind the times. I was heading for a socially distant lunch in New York when a glimpse of my reflection in a shop window cringed me: My leggings were paired with “ugly” sneakers that were no longer trendy. A puffer jacket, worn to keep me comfortable while dining in a curb shack, anchored me firmly in 2017, the year I bought chunky trousers at H&M.

After a year when serious matters took precedence, it never hurts to be happily stuck in a bygone era. But as we emerge from our Zoom cocoons, the time has come to reassess our fashion choices and upgrade our wardrobes for the post-pandemic era – with reasons, of course. “The seven-inch stilettos just don’t fit what we’re experiencing today,” says New York fashion brand consultant Dani Stahl. And don’t let beautiful celebrities be your only style guide – they can make almost anything look fabulous. “What looks old-fashioned in one person is cool to another,” he said. “If [model] Bella Hadid is wearing tight jeans, it’s hip, but anywhere else it can look weird. “That means they’ll be” inactive “on me, I think, and so on.

What makes clothes obsolete? Recognizable fashions – such as t-shirts with message prints or no-show socks from the early Aughts era – are clothing poison, and backs like chinos and shapeless cardigans are relics that should be underestimated. Pieces of clothing, too, could be read “old fashioned”. “You don’t want to look like you’re wearing a jacket from 30 years ago, so the latest suits come into play,” said creative director Paul Stuart Ralph Auriemma. She suggests workout clothes that are tailored for a sleek and modern look.

As we plan for the re-entry of clothing, comfort remains a factor, says Tracy Margolies, chief merchant of Saks Fifth Avenue, “but people want style.” That’s why rigid skinny jeans, for example, the bow to straight-leg option and the airy denim jogging pants. Below, 10 styles of men and women who will subtly date you – and advice on how to revive your wardrobe.

Correct Rustic Dresses

Why They Come Out: In my college days I called the dress of Laura Ashley’s old commercially British brand “Heidis,” named for the classic children’s book by Johanna Spyri about an orphan who grew up in the Swiss Alps. Today’s frilly, floral dress – described by many as a “cottagecore” – does not match Laura Ashley’s 1980s Liberty print skirt and conjures up frivolity that goes against our selves in 2021. “Cottagecore sounds like muumuu home… very old-fashioned , “Said Ms. Stahl, fashion brand consultant.

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