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☆ Amazon’s top Fresh exec says store reopenings are part of broader grocery revamp
▼ + stars: | 2023-11-10 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +7 min

Peters now oversees Amazon Fresh and reports to ex-Tesco executive Tony Hoggett, who leads Amazon's physical stores business. Shoppers check out the sale items as they wait in line for the new Amazon Fresh store to open on E. Colorado Blvd in Pasadena, CA Thursday, September 15, 2022. In addition to the Woodland Hills Fresh store, Amazon reopened locations in nearby Pasadena and Irvine this week, after redesigning two Chicago-area Fresh stores in August. Amazon Fresh store in Los Angeles neighborhood of Woodland Hills Annie Palmer'Where's the butter located?' On Thursday, Amazon said it's opening the Fresh grocery delivery service to everyone in the U.S., after trials in a handful of cities.

Persons: Annie Palmer, Andy Jassy, Claire Peters, Peters, Tony Hoggett, Dilip Kumar, Stephenie Landry, Jeff Bezos, Amazon, Honey Grahams Organizations: Amazon, Woolworths, Amazon Fresh, Tesco, CNBC, Walmart, . Colorado, Medianews, los Angeles Daily, Getty, Citibank, Amazon Web, Woodland, Foods, Alexa Locations: Los Angeles, Woodland, ., Pasadena , CA, Woodland Hills, Amazon, Pasadena, Irvine, Chicago, U.S

☆ Britain grapples for agreement over listing rules overhaul
▼ + stars: | 2023-09-25 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

Signage for the Financial Conduct Authority (FCA), Britain's financial regulatory body, is seen at its head office in London, Britain, March 10, 2022. The decision by UK chip designer Arm Holdings to list in the United States triggered calls in Britain to make London more attractive as a listings destination by easing the rules. The Financial Conduct Authority (FCA) has proposed combining its "premium" and "standard" listing categories, and ease other listing requirements such a requirement for a detailed financial track record, prompting sharp criticism from shareholder groups. The new rules would be confirmed before the end of this year, which the FCA would seek to implement speedily, Pritchard said. Julia Hoggett, CEO of London Stock Exchange, said London was already an attractive listings venue, and "narratives" that keep it down needed challenging.

Persons: Toby Melville, Sarah Pritchard, Pritchard, Julia Hoggett, Hoggett, Huw Jones, Alex Richardson Organizations: Financial, Authority, REUTERS, Arm Holdings, Financial Conduct Authority, London Stock Exchange, Thomson Locations: London, Britain, New York, United, United States

☆ LSEG appoints Charlie Walker as deputy CEO of London Stock Exchange
▼ + stars: | 2023-09-11 | by ( ) www.reuters.com time to read: 1 min

London Stock Exchange Group signage is seen outside offices in Canary Wharf in London, Britain, August 3, 2023. REUTERS/Toby Melville/File Photo Acquire Licensing RightsLONDON, Sept 11 (Reuters) - The London Stock Exchange Group (LSEG.L) said on Monday that it had appointed Charlie Walker as deputy CEO of its main bourse, amid a period of rolling reforms to make the market more attractive to investors and company listings. Walker will report to London Stock Exchange plc CEO Julia Hoggett, the company said in a statement, and continue to oversee the group's primary markets business. Reporting by Iain Withers, Editing by Huw JonesOur Standards: The Thomson Reuters Trust Principles.

Persons: Toby Melville, Charlie Walker, Walker, Julia Hoggett, Iain Withers, Huw Jones Organizations: London Stock Exchange, REUTERS, Thomson Locations: Canary Wharf, London, Britain

☆ Amazon Fresh stores are installing self-checkout after years of trying to get customers to use Just Walk Out tech
▼ + stars: | 2023-08-03 | by ( Alex Bitter | ) www.businessinsider.com time to read: +4 min

Amazon told Bloomberg that self-checkout is part of an effort to make Amazon Fresh attractive to more shoppers. "The customers that enjoy Just Walk Out in the Fresh stores, they really love it," Tony Hoggett, Amazon's senior vice president of worldwide grocery stores, told Bloomberg. "We are always looking for ways to make the shopping experience at Amazon Fresh as convenient as possible," an Amazon spokesperson told Insider. Besides Amazon Fresh, the company has also added the technology to some Whole Foods stores and its Amazon Go convenience stores. Within Amazon, 25 Fresh stores in the US have the technology, an Amazon spokesperson told Insider.

Persons: aren't, Tony Hoggett, Amazon's, Jason Buechel Organizations: Bloomberg Businessweek, Service, Amazon, Bloomberg, Foods, That's, Kroger, Walmart, Costco Locations: Wall, Silicon, Chicago, Southern California

☆ Amazon will soon let you order Doritos and Diet Coke along with your order from Whole Foods
▼ + stars: | 2023-08-02 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +4 min

Currently, customers have to order separately from Amazon Fresh, Whole Foods, and Amazon.com. Amazon would like to make it possible to order these kinds of snacks and beverages along with a Whole Foods order. But for now, don't expect to see Doritos or Diet Coke or other products with these banned ingredients in stores. Starting Wednesday, nonmembers in some US cities will be able to order Fresh groceries to their doorsteps — a service that has been limited to Prime members. "We will accomplish this by more intentionally bringing together Amazon Fresh, Whole Foods Market, Amazon Go, Amazon Style, and Global Specialty Fulfillment under one global leadership team."

Persons: Coke, Tony Hoggett, Amazon's, Hoggett, Tayfun Organizations: Bloomberg, Amazon, Foods, Service, Tesco, Anadolu Agency, Getty Images Bloomberg Locations: Wall, Silicon, nonmembers

☆ Amazon will soon let you order Doritos and Diet Coke from Whole Foods along with your organic kale
▼ + stars: | 2023-08-02 | by ( Yeji Jesse Lee | ) www.businessinsider.com time to read: +4 min

Currently, customers have to order separately from Amazon Fresh, Whole Foods, and Amazon.com. Amazon would like to make it possible to order these kinds of snacks and beverages along with a Whole Foods order. But for now, don't expect to see Doritos or Diet Coke, or other products with these banned ingredients in store. Starting August 2, non-members in select cities in the US will be able to order Fresh groceries to their doorsteps — a service that was limited to only Prime member holders previously. "We will accomplish this by more intentionally bringing together Amazon Fresh, Whole Foods Market, Amazon Go, Amazon Style, and Global Specialty Fulfillment under one global leadership team."

Persons: Coke, Tony Hoggett, Amazon's, Hoggett, Tayfun Organizations: Bloomberg, Amazon, Foods, Service, Tesco, Anadolu Agency, Getty Images Bloomberg Locations: Wall, Silicon

☆ Pension funds reform: Britain is banking on this $3 trillion cash cow to revive its economy
▼ + stars: | 2023-07-11 | by ( Hanna Ziady | ) edition.cnn.com time to read: +5 min

London CNN —The UK economy badly needs a boost — and the government hopes the nation’s vast pension savings might deliver one. All UK workplace pension plans offer default funds, which savers who don’t choose their own investment strategy are automatically enrolled into. Measures to tap pension fund cash come at a crucial time for an economy suffering from stubbornly high inflation, depressed investment and feeble growth. UK pension funds’ exposure to domestic stock markets has fallen even more sharply: from 53% in 1997 to 6% in 2021. The combination of measures is likely to have “far-reaching” effects on the types of assets pension funds invest in, easing companies’ access to the capital they need to grow, he added.

Persons: Jeremy Hunt, Mercer, ” Hunt, Hunt, “, ”, Nicholas Lyons, Julia Hoggett, Nigel Peaple Organizations: London CNN, Aviva, London, European, London Stock Exchange, Nasdaq, EU, chipmaker ARM, House, of London Corporation, City of, Financial, New Financial, Pension, Lifetime Savings Association Locations: London, Britain, Frankfurt, Paris, New York, United States, United Kingdom, Edinburgh, City of London

☆ A new book reveals how Amazon used 'shady' strategies at its bookstores to drive up Prime subscriptions
▼ + stars: | 2023-06-23 | by ( Jason Del Rey | ) www.businessinsider.com time to read: +9 min

The following excerpt reveals how Amazon attempted to utilize its physical bookstores to bolster Amazon Prime and its other digital subscription services — in sometimes unethical ways. Among them were bookstores, under the name Amazon Books, which first opened to the public in 2015. Prior to the pandemic, store customers could view one of the free trial offers on a screen in front of them. Amazon spokesperson Jordan Deagle told me that there was no corporate mandate to increase sign-ups for free trials of Amazon subscriptions. The e-commerce giant just couldn't break away from its digital DNA, even in a physical store setting.

Persons: Jason Del Rey, Amazon's, Chris Garlock, Garlock, Jordan Deagle, Deagle, Tony Hoggett, Insider's Eugene Kim Organizations: Walmart, Morning, Amazon, Amazon Prime, East Coast, Amazon Books, Tesco, Harper Business, HarperCollins Publishers, Federal Trade Commission, FTC

☆ Chip giant Arm snubbed London for a NY listing. But the London Stock Exchange hasn't given up hope
▼ + stars: | 2023-06-06 | by ( Jenni Reid | ) www.cnbc.com time to read: +1 min

Visitors look out to St. Paul's Cathedral from a rooftop in the City of London, UK, on Thursday, March 2, 2023. "I absolutely know there was strong appetite from investors in the U.K. for Arm. And it was always going to be a both sides of the Atlantic trade. The fact that, actually, the U.S. had to fight as hard as they did to get it, I think illustrates how strong our proposition actually is." London reform

Persons: Julia Hoggett, CNBC's Arjun Kharpal, Hoggett, Japan's SoftBank Organizations: City of, Bloomberg, Getty, London Stock Exchange, Nvidia Locations: St, Paul's, City, City of London, New York, U.S, Amsterdam, London

☆ Our key competition is with the US,LSE CEO says
▼ + stars: | 2023-06-06 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOur key competition is with the US,LSE CEO saysJulia Hoggett, CEO of the London Stock Exchange, says she is optimistic about opportunities in the London market.

Persons: Julia Hoggett Organizations: US, LSE, London Stock Exchange Locations: London

☆ US subsidies make UK financial reform urgent, business warns
▼ + stars: | 2023-04-26 | by ( Huw Jones | ) www.reuters.com time to read: +2 min

LONDON, April 26 (Reuters) - U.S. clean technology subsidies are sucking capital from Europe, making it more urgent to improve London as a global financial centre, business bosses told UK lawmakers on Wednesday. It's the biggest shift in competitive dynamic in my career," GlaxoSmithKline chair Jonathan Symonds told a Treasury Select Committee hearing on why UK companies are listing in New York instead. "The effect of what's happening through the Inflation Reduction Act across the whole of Europe is like a dirty great hoover on full suction mode," said Jonathan Hill, who authored a government-backed report on reforming UK listing rules. Britain has already eased listing rules in line with Hill's recommendations, and plans further changes. UK listed companies disclose whether they follow governance best practice or explain why they do not, but critics say flexibility has been lost.

☆ London fears for its future as companies defect to Wall Street
▼ + stars: | 2023-03-10 | by ( Hanna Ziady | ) edition.cnn.com time to read: +7 min

London CNN —London is used to punching well above its weight in global financial markets. And 70% of global secondary bond market trading happens in the city, according to the London Stock Exchange. Beyond the jobs they create and the tax they generate, financial markets also channel capital into companies to fund future growth. In other words, to safeguard its future, London needs to reinvigorate its stock markets. Those “unicorns” should be listing in London “at an earlier stage,” Haynes argues, “rather than growing through private equity and being sold off to Nasdaq.”Hoggett of the London Stock Exchange puts it this way: “London needs to be young, scrappy and hungry.”

[1/2] A worker shelters from the rain under a Union Flag umbrella as he passes the London Stock Exchange in London, Britain, October 1, 2008. REUTERS/Toby Melville/File PhotoLONDON, March 3 (Reuters) - London risks losing its appeal for stock market listings, some investors and financial executives said, with sluggish trading and low valuations driving more companies to float elsewhere. That dashed government hopes that Arm, seen as a British tech success story, would return to the London market, where it was listed before being taken over in 2016. Arm's announcement came a day after Dublin-based construction materials company CRH recommended moving its primary listing from London to the United States. But British companies that floated in New York have not necessarily had the smooth ride they expected, data compiled by the London Stock Exchange (LSE) (LSEG.L) suggests.

☆ London Stock Exchange urges rapid UK reforms after Arm's snub
▼ + stars: | 2023-03-03 | by ( ) www.reuters.com time to read: +1 min

LONDON, March 3 (Reuters) - The London Stock Exchange said on Friday that chip designer Arm's decision to pursue a U.S.-only listing this year rather than return to London's stock market showed Britain needed to speed up plans for regulatory and market reforms. Arm, owned by Japan's SoftBank (9984.T), is to pursue a U.S.-only listing this year, dashing the British government's hopes that the tech giant would choose London. "Arm is a great British company and a world leader in their field which we continue to believe can be very well served by the UK capital markets," said Julia Hoggett, chief executive of London Stock Exchange plc, part of London Stock Exchange Group (LSEG.L). Arm has not completely ruled out an eventual London listing and has said it intends to consider a subsequent IPO there in due course, without providing further details. On Thursday, Dublin-based building materials group CRH (CRH.L) had announced a decision to its primary listing from London to the United States.

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