An Analysis of Online Shopping and Home Delivery in the UK
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Annual Report Message to Shareholders Alimentation Couche-Tard - Annual Report 2011
Couche-Tard 2011 Annual Report Message to Shareholders Alimentation Couche-Tard - Annual Report 2011 STRONG, STABLE AND SUSTAINABLE In a notoriously fragmented industry, Couche-Tard continues to set the standard for strength of performance, sustainability, and stability. We continued to grow profits organically in 2011, despite the ongoing challenges of the marketplace, advanced our in- store efficiency still further, and pruned more underperforming assets from the network. The balance sheet has never been stronger thanks to our capital management. It has been rewarded with investment grade corporate credit rating issued by Standard & Poor’s. These encouraging trends are apparent in growth rates over the past five years: the network has been growing at 4% compound annual growth, merchandise and service sales are growing faster at 8% and EBITDA faster yet at 11%. Motor fuel volume has been growing at 11.5% and the outlook is promising for improved and more stable fuel margins. These are the progressions that create true value for our shareholders. They are a tribute to the skills, imagination, and hard work of every member of our large family. Double-Digit Earnings Growth in 2011 Net earnings grew more than 22% to $370.1 million, equal to $2 per share or $1.97 diluted. This is the third straight year of double digit growth. If we look at this on a comparable basis year over year, stripping out exceptional items, the growth in 2011 reached 31%. The 15.4% increase in revenues to $19 billion was due mainly to a 20.7% increase in motor fuel revenues coming mostly from higher prices at the pump. -
Gig Economy and Processes of Information, Consultation, Participation and Collective Bargaining"
Paper on the European Union co-funded project VS/2019/0040 "Gig economy and processes of information, consultation, participation and collective bargaining". By Davide Dazzi (translation from Italian to English by Federico Tani) Updated the 20th of July 2020 Sommario Introduction ....................................................................................................................................................... 2 Gig Economy : a defining framework ................................................................................................................. 2 Platforms and Covid-19 ..................................................................................................................................... 6 GIG workers: a quantitative dimension ........................................................................................................... 10 On line outsourcing ..................................................................................................................................... 11 Crowdworkers and Covid-19 ....................................................................................................................... 14 Working conditions of GIG workers ................................................................................................................ 17 Covid 19 laying bare the asymmetry of social protections ............................................................................. 21 Towards a protection system for platform workers .................................................................................. -
Elektronik Ticaretve Rekabet Hukuku Kapsaminda Çok Tarafli Pazaryerleri
ELEKTRONİK TİCARETVE REKABET HUKUKU KAPSAMINDA ÇOK TARAFLI PAZARYERLERİ Tuğba Çelik 141102111 YÜKSEK LİSANS TEZİ Özel Hukuk Anabilim Dalı Özel Hukuk Yüksek Lisans Programı Danışman: Dr. Öğr. Üyesi Mete Tevetoğlu İstanbul T.C. Maltepe Üniversitesi Sosyal Bilimler Enstitüsü Ağustos 2019 i JÜRİ VE ENSTİTÜ ONAYI ii ETİK İLKE VE KURALLARA UYUM BEYANI iii TEŞEKKÜR Tüm bu süreçte desteğini esirgemeyen başta babam Celal Çelik ve annem Selda Çelik olmak üzere, tez danışmanım Dr. Öğr. Üyesi Mete Tevetoğlu’na, tüm dostlarıma ve yol arkadaşıma en içten teşekkürlerimi sunuyorum. Tuğba Çelik Ağustos 2019 iv ÖZ ELEKTRONİK TİCARET VE REKABET HUKUKU KAPSAMINDA ÇOK TARAFLI PAZARYERLERİ Tuğba Çelik Yüksek Lisans Tezi Özel Hukuk Anabilim Dalı Özel Hukuk Yüksek Lisans Programı Danışman: Dr. Öğr. Üyesi Mete Tevetoğlu Maltepe Üniversitesi Sosyal Bilimler Enstitüsü, 2019 İnternet ortamındaki gelişmelere bağlı olarak, ulusal ve uluslararası ekonomi çevrelerinde, hızla artan bir biçimde ağırlığını hissettiren elektronik ticaret ve elektronik pazaryerleri kavramının, kapsamı ve genel olarak ekonomik etkileri açısından önemi her geçen gün artmaktadır. Bu gelişmeler ile birlikte, elektronik pazaryerlerinde üreticiler, satıcılar ve alıcılar gibi talep sahiplerinin karşılıklı arz ve taleplerini kısa sürede ve daha avantajlı şartlarda buluşturan platformlar yani aracı hizmet sağlayıcıları, önemli bir figür olarak karşımıza çıkmaktadır. Aracılık hizmetleri sağlayan bu platformlar, regülâsyonlara ve özellikle de rekabet kurallarına uyum sağlama sürecinde bazı yapısal, -
Just Eat/Hungryhouse Appendices and Glossary to the Final Report
Anticipated acquisition by Just Eat of Hungryhouse Appendices and glossary Appendix A: Terms of reference and conduct of the inquiry Appendix B: Delivery Hero and Hungryhouse group structure and financial performance Appendix C: Documentary evidence relating to the counterfactual Appendix D: Dimensions of competition Appendix E: The economics of multi-sided platforms Appendix F: Econometric analysis Glossary Appendix A: Terms of reference and conduct of the inquiry Terms of reference 1. On 19 May 2017, the CMA referred the anticipated acquisition by Just Eat plc of Hungryhouse Holdings Limited for an in-depth phase 2 inquiry. 1. In exercise of its duty under section 33(1) of the Enterprise Act 2002 (the Act) the Competition and Markets Authority (CMA) believes that it is or may be the case that: (a) arrangements are in progress or in contemplation which, if carried into effect, will result in the creation of a relevant merger situation, in that: (i) enterprises carried on by, or under the control of, Just Eat plc will cease to be distinct from enterprises carried on by, or under the control of, Hungryhouse Holdings Limited; and (ii) the condition specified in section 23(2)(b) of the Act is satisfied; and (b) the creation of that situation may be expected to result in a substantial lessening of competition within a market or markets in the United Kingdom for goods or services, including in the supply of online takeaway ordering aggregation platforms. 2. Therefore, in exercise of its duty under section 33(1) of the Act, the CMA hereby makes -
Adventist Hymnody and the Wonder of Creation James Londis on The
To Hymn or Not to Hymn Adventist Hymnody and the Wonder of Creation How Different Generations Read the Bible James Londis on the Hermeneutics of Delay What Shall We Do with Ellen White Vision for the Medium: North American Adventism and Mass Media Today VOLUME 42 ISSUE 4 n fall 2014 SPECTRUM is a journal established to encourage Seventh-day Adventist participation in the discus- sion of contemporary issues from a Christian viewpoint, to look without prejudice at all sides of a subject, to evaluate the merits of diverse views, ALL RIGHTS RESERVED COPYRIGHT © 2014 ADVENTIST FORUM and to foster Christian intellectual and cultural growth. Although effort is made to ensure accu- rate scholarship and discriminating judgment, the Editor Bonnie Dwyer statements of fact are the responsibility of con- Editorial Assistant Lonnie Kotanko Tutupoly tributors, and the views individual authors express Design Laura Lamar are not necessarily those of the editorial staff as a Interns Rachel Logan, Eliana Zacarias whole or as individuals. Spectrum Web Team Alita Byrd, Joelle Chase, Bonnie Dwyer, Rich Hannon, Jonathan Pichot, SPECTRUM is published by Adventist Forum, a Ruben Sanchez, Wendy Trim, Jared Wright nonsubsidized, nonprofit organization for which gifts are deductible in the report of income for About the Cover Art: purposes of taxation. The publishing of SPEC- “Blue Note” by Janene Editorial Board: TRUM depends on subscriptions, gifts from indi- Evard. viduals, and the voluntary efforts of the Beverly Beem David R. Larson Artist’s Statement: English Religion contributors. Light—its interplay on sur- Walla Walla University Loma Linda University faces and through sur- faces, creating shadows, Roy Branson Juli Miller SPECTRUM can be accessed on the World Wide making new color, new School of Religion Marketing Communication Web at www.spectrummagazine.org. -
A Field Guide to Gas Stations in Texas
Historical Studies Report No. 2003-03 A Field Guide to Gas Stations in Texas By W. Dwayne Jones A Field Guide to Gas Stations in Texas by W. Dwayne Jones Prepared For Environmental Affairs Division Historical Studies Report No. 2003-3 Prepared by Knight & Associates October 2003 A Field Guide to Gas Stations in Texas Copyright © 2003 by the Texas Department of Transportation (TxDOT) All rights reserved. TxDOT owns all rights, title, and interest in and to all data and other information developed for this project. Brief passages from this publication may be reproduced without permission provided that credit is given to TxDOT and the author. Permission to reprint an entire chapter or section, photographs, illustrations, and maps must be obtained in advance from the Supervisor of the Historical Studies Branch, Environmental Affairs Division, Texas Department of Transportation, 118 East Riverside Drive, Austin, Teas, 78701. Copies of this publication have been deposited with the Texas State Library in compliance with the State Depository requirements. For further information on this and other TxDOT historical publications, please contact: Texas Department of Transportation Environmental Affairs Division Historical Studies Branch Lisa J. Hart, Supervisor Historical Studies Report No. 2003-3 Bruce Jensen, Series Editor Editing and production of this report was directed by Knight & Associates 3470 Jack C. Hays Trail Buda, Texas 78610 ISBN 1-930788-51-7 A Field Guide to Gas Stations in Texas Table of Contents Introduction . 1 Looking at Gas Stations . 11 1910-1920: Drive-Up Gas Stations . 23 1920-1930: Full Service / Corporate Identification Gas Stations . 33 1930-1940: Machine Made / Streamlined – The Depression Era . -
Press Release
PRESS RELEASE Couche-Tard signs deal for up to 322 sites plus right to supply an additional 65 Mobil branded locations in Southern California ____________________________________________________________ ATD.A, ATD.B / TSX Laval, Québec, June 13, 2011 – Alimentation Couche-Tard Inc. (“Couche-Tard”) announces today that it has signed, through its wholly-owned indirect subsidiary, Circle K Stores Inc. (“Circle K”), an agreement to acquire up to 322 sites plus an additional 65 reseller contracts in Southern California from ExxonMobil. The transaction is anticipated to close in stages between the fourth quarter of the 2011 calendar year and the second quarter of 2012. The transaction is subject to regulatory approvals and closing conditions. According to a confidentiality agreement between the parties the purchase price cannot be disclosed at this time. Internal available cash dollars and the bank facilities would be used for the transaction. Of these 322 sites, 72 are company-operated and 250 are dealer-operated. Circle K would own the real estate for up to 202 of the total number of sites. In compliance with California law, ExxonMobil will be presenting a bona fide offer to the 165 fee property dealers. Should any of those properties be purchased by the dealer, the branded supply agreement would still be assigned to Circle K. The balance of the sites would be leased. All of the stores are currently selling fuel under the Mobil brand. The transaction includes the assignment of the supply and branding contracts for Mobil branded motor fuel for 65 reseller locations. All of the 387 locations would continue to offer Mobil branded motor fuel allowing customers to continue using the ExxonMobil credit card. -
E-Cigarette Tax Plan Will Hurt Business, NJ Convenience Store Owners Say April 12, 2014 By: Michael Diamond
E-cigarette tax plan will hurt business, NJ convenience store owners say April 12, 2014 By: Michael Diamond Daler Brar shows off an e-cigarette at the Mobil station convenience store in Neptune City. New Jersey has proposed increasing taxes on electronic cigarettes to match tobacco cigarettes to help balance the state's budget. Convenience store owners say that will hurt their business. / TOM SPADER/STAFF PHOTOGRAPHER Convenience store operators are protesting the Christie administration’s plan to hike taxes on electronic cigarettes, saying it will cut into sales of a promising product that they hoped would shield them from a decline in revenue from old-fashioned cigarettes. The operators of the Mobil station in Neptune City said the proposal adds to what already is a tough business landscape. Competitors Wawa and 7-Eleven are opening stores nearby. “We basically make most of our profit on tobacco,” said Ravi Gill, vice president of Creative Management Inc., a Matawan-based company that owns the Mobil station. “Everything else, we’re making low or non-existent margins.” E-cigarettes are billed as a healthier alternative to smoking. They have nicotine, which is addictive, but they emit a smokeless, water-based vapor and contain fewer toxic chemicals than traditional cigarette smoke. The stores’ campaign comes as Gov. Chris Christie has proposed taxing e-cigarettes another $2.70 a pack, bringing them on par with traditional cigarettes. The move is designed to help balance the state’s budget and dissuade the public from using a product whose risks aren’t well known. Sin taxes It isn’t a new strategy. -
Creating the World's Greatest Food Community
Creating the world’s greatest food community Just Eat plc Annual Report and Accounts 2016 Annual Report Annual Report and Accounts 2016 Front cover At Just Eat we operate a leading global Father and son team at Moja Indian & Bangladeshi marketplace for online food delivery, Takeaway, Stockton- on-Tees. Finalist, North East region, at providing customers with an easy the British Takeaway and secure way to order and pay for Awards 2016. food from our Restaurant Partners. Since we launched in Denmark in 2001, we have expanded globally into 11 other markets, with a strategy to be market leader in each country in which we operate. Our scale creates compelling network effects. Our values Make Razor Big Happy Sharp Hearted See page 2 See page 12 See page 34 5 Annual Report & Accounts 2016 Contents Our vision Strategic report Our vision is to create 4 Highlights 2016 the world’s greatest food 6 Chairman’s statement community. We’ll achieve this 8 At a glance through our purpose, which is 10 Chief Executive Officer’s review 14 Our business model to make food discovery exciting 16 Market overview for everyone. 18 Our strategy 19 Our key performance indicators For our customers it is about 20 Principal risks and uncertainties discovering the widest choice 24 Chief Financial Officer’s review and facilitating what they 32 Operational review want to eat, when and where. 36 Our people and community For our Restaurant Partners Corporate governance it is about working with them 40 Corporate governance report to help them reach more 42 Our Board customers, supporting their 44 Report of the Board business and driving 51 Report of the Audit Committee 56 Report of the Nomination Committee standards in the industry. -
Boston San Francisco Munich London
Internet & Digital Media Monthly August 2018 BOB LOCKWOOD JERRY DARKO Managing Director Senior Vice President +1.617.624.7010 +1.415.616.8002 [email protected] [email protected] BOSTON SAN FRANCISCO HARALD MAEHRLE LAURA MADDISON Managing Director Senior Vice President +49.892.323.7720 +44.203.798.5600 [email protected] [email protected] MUNICH LONDON INVESTMENT BANKING Raymond James & Associates, Inc. member New York Stock Exchange/SIPC. Internet & Digital Media Monthly TECHNOLOGY & SERVICES INVESTMENT BANKING GROUP OVERVIEW Deep & Experienced Tech Team Business Model Coverage Internet / Digital Media + More Than 75 Investment Banking Professionals Globally Software / SaaS + 11 Senior Equity Research Technology-Enabled Solutions Analysts Transaction Processing + 7 Equity Capital Markets Professionals Data / Information Services Systems | Semiconductors | Hardware + 8 Global Offices BPO / IT Services Extensive Transaction Experience Domain Coverage Vertical Coverage Accounting / Financial B2B + More than 160 M&A and private placement transactions with an Digital Media Communications aggregate deal value of exceeding $25 billion since 2012 E-Commerce Consumer HCM Education / Non-Profit + More than 100 public equities transactions raising more than Marketing Tech / Services Financial $10 billion since 2012 Supply Chain Real Estate . Internet Equity Research: Top-Ranked Research Team Covering 25+ Companies . Software / Other Equity Research: 4 Analysts Covering 40+ Companies RAYMOND JAMES / INVESTMENT BANKING OVERVIEW . Full-service firm with investment banking, equity research, institutional sales & trading and asset management – Founded in 1962; public since 1983 (NYSE: RJF) – $6.4 billion in FY 2017 revenue; equity market capitalization of approximately $14.0 billion – Stable and well-capitalized platform; over 110 consecutive quarters of profitability . -
Submission to the CMA on Deliveroo
CCIA’s submission to the UK Competition & Markets Authority on the CMA’s provisional findings in Amazon / Deliveroo 11 May 2020 1. Introduction The Computer and Communications Industry Association (“CCIA”) is grateful for this opportunity to share its views on the Competition & Markets Authority (“CMA”) provisional findings regarding Amazon’s acquisition of a minority shareholding in Deliveroo (“the Transaction”).1 CCIA represents large, medium, and small companies in the high technology products and services sectors, including computer hardware and software, electronic commerce, telecommunications, and Internet products and services.2 CCIA is committed to protecting and advancing the interests of our members, the industry as a whole, as well as society’s beneficial interest in open markets, open systems and open networks.3 CCIA agrees with the conclusion of the Provisional Findings that the Transaction would not be expected to result in a substantial lessening of competition.4 However, CCIA believes there is significant evidence of competitive constraints faced by both Amazon and Deliveroo (the “Parties”), and the dynamic nature of the markets. Accordingly, CCIA submits that, even in the absence of the current crisis,5 the Transaction would not have resulted in a substantial lessening of competition (“SLC”) and would not have harmed customers.6 2. Competitive Constraint of Potential Entry and Expansion In its 11 December 2019 Phase I decision,7 the CMA found an SLC to the detriment of customers and referred the case for an in-depth investigation. As the CMA correctly notes in its Provisional Findings, “[a]n SLC occurs when rivalry is substantially less intense after a merger than would otherwise have been the case, resulting in a worse outcome for customers (through, for example, higher prices, reduced quality or reduced choice).”8 CCIA understands that the market for online food delivery in the UK is highly competitive and likely to become more competitive in the future. -
Just Eat/Hungryhouse Food Ordering Platforms
Just Eat and Hungryhouse A report on the anticipated acquisition by JUST EAT plc of Hungryhouse Holdings Limited 16 November 2017 © Crown copyright 2017 You may reuse this information (not including logos) free of charge in any format or medium, under the terms of the Open Government Licence. To view this licence, visit www.nationalarchives.gov.uk/doc/open-government- licence/ or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: [email protected]. Website: www.gov.uk/cma Members of the Competition and Markets Authority who conducted this inquiry Professor Martin Cave (Chair of the Group) Katherine Holmes John Krumins Jayne Scott Chief Executive of the Competition and Markets Authority Andrea Coscelli The Competition and Markets Authority has excluded from this published version of the report information which the Inquiry Group considers should be excluded having regard to the three considerations set out in section 244 of the Enterprise Act 2002 (specified information: considerations relevant to disclosure). The omissions are indicated by []. Some numbers have been replaced by a range. These are shown in square brackets. Non-sensitive wording is also indicated in square brackets. Contents Page Summary .................................................................................................................... 3 Findings ...................................................................................................................... 9 1. The reference ......................................................................................................