(AOF) – Warehouse retailer Costco Wholesale has completed the $1.05 billion purchase of the 45% minority stake in Costco-Taiwan. The company now indirectly owns all of Costco Taiwan. He estimates that this purchase will have a positive effect of about one percent to one and a half percent on earnings per share.
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City center stores: a worrying drop in footfall
Between 2013 and 2021, footfall in stores in city centers fell by almost 40%. This drop reached 29.4% for shopping centers over the same period. Procos emphasizes that this movement results in particular from the multiplication of the offer and the development of e-commerce. Small town centers and mega-malls are the most resilient. The former respond to local needs and the latter exert a force of attraction on a regional scale. With the Assises du commerce in December 2021, the government launched three weeks of reflection to outline a vision for 2030 and support the investments necessary for digital and environmental transitions.