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Food Retail & Distribution

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Three F says result of early-retirement program

Thursday, 12 Oct 2017

Oct 12 (Reuters) - Three F Co Ltd <7544.T>:Says 173 employees took up the offer of the early-retirement program announced on May 9.

Kroger clarifies annual sales from convenience store unit in 2016

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Kroger Co ::Clarification: Kroger's convenience store business generates $4 billion in annual sales.‍In press release issued earlier on Oct 11, co said its convenience store unit generated revenue of $1.4 billion in 2016; figure only reflects inside sales​.Including fuel, Kroger's convenience store business generated $4 billion in total sales in 2016.

Kroger says exploring strategic alternatives for convenience store business​

Wednesday, 11 Oct 2017

Oct 11 (Reuters) - Kroger Co ::Reaffirms 2017 guidance‍​ - SEC filing.As a result of review of assets, decided to explore strategic alternatives including potential sale, of convenience store business​.Hired Goldman Sachs & Co to identify, review and evaluate options - SEC filing‍​.FY2017 earnings per share view $2.11, revenue view $115.08 billion -- Thomson Reuters I/B/E/S.Expect identical supermarket sales growth, excluding fuel, of 0.5% to 1.0% for remainder of fiscal 2017​‍​.Neither Supermarket Fuel Centers nor Turkey Hill Dairy is included in review of strategic alternatives​.Expects to generate more than $4 billion of free cash flow over the next three years ‍​."Restock Kroger Plan" is expected to generate $400 million in incremental operating margin by 2020‍​.Plans to invest an incremental $500 million in human capital over next three years​.Intends to expand its "alternative revenue streams", including driving media and advertising revenue​.

Bayn europe business area Navia and Eureba

Monday, 9 Oct 2017

Oct 9 (Reuters) - BAYN EUROPE AB :MERGES BUSINESS AREA NAVIA AND EUREBA INTO A JOINT BUSINESS AREA.‍NEGOTIATIONS ARE ONGOING WITH POTENTIAL COOPERATION PARTNERS IN CHINA AS WELL AS IN EUROPE​.TO CREATE NEW JOINT BUSINESS AREA WITH PLANNED INVESTMENT ON BRAND "TAKK!".

Wal Mart to acquire Bonobos for $310 mln

Friday, 16 Jun 2017

June 16 (Reuters) - Wal-Mart Stores Inc :Wal Mart to acquire Bonobos and appoint Andy Dunn to oversee exclusive consumer brands offered online.Wal Mart - deal for $310 million in cash.Wal Mart - following closing, andy dunn, founder and CEO of bonobos will report to Marc Lore, president and CEO of Wal Mart U.S. Ecommerce.Wal Mart - digitally-native vertical brands will be offered on jet.com & possibly other walmart brands over time, & include bonobos and recently-acquired Modcloth.

Berkshire Hathaway increases stake in Apple to 57.4 mln shares

Tuesday, 14 Feb 2017

Berkshire Hathaway Inc: Increases share stake in Apple Inc to 57.4 million shares from 15.2 million shares -SEC filing . Cuts share stake in Verizon to 928 shares from 15 million shares -SEC filing . Cuts share stake in Wal Mart Stores Inc by 89.3 percent to 1.4 million shares - SEC filing . Dissolves share stake in Now Inc . Ups share stake in Delta Air Lines to 60 million shares from 6.3 million shares -SEC filing .Change in holdings are as of Dec. 31, 2016 and compared with the previous quarter ended as of Sept. 30, 2016.

Toho to merge with wholly owned subsidiary

Monday, 31 Oct 2016

Toho Co Ltd <8142.T>: Says it will merge with its wholly owned subsidiary, which has been engaged in the purchasing and supply of alcoholic drinks in Kobe, Japan . After the transaction, the company will be the surviving company, and the subsidiary will be dissolved .Effective date Feb. 1, 2017.

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