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Apple s talks with Nissan about creating a self-driving car together have broken up after a row over branding.
Nissan balked at a request the cars carry the Apple brand, objecting to being downgraded into a mere hardware supplier.
Claims that discussions did not advance to senior management levels have met with some derision.
Off course: Looks like Nissan s road to the Apple car has hit some rough terrain.
(Source: Nissan) How does that work? Nissan gets a call from the hottest tech company in the world and a middle-manager says Nah, not gonna tell the CEO, Economist correspondent Stanley Pignal wrote on Twitter.
December 17th 2020 15:12
The ongoing impact of Covid-19 combined with high rents and operating costs – which, this year, has often outweighed revenue – means that many retailers have been forced to rethink the role of brick-and-mortar stores.
According to McKinsey predictions, Europe is likely to see an 8 to 13% decline in offline retail sales in 2021, while the US will likely see a drop of 22 to 27% compared to 2019 levels.
Instead of considering the value of stores in the context of ‘four-wall sales’ – i.e. how much product is sold inside the store – many retailers are considering what other roles physical stores can play, and how this might translate into ROI.