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ByteDance to reorganise into six units, CFO steps down to focus on...

ByteDance to reorganise into six units, CFO steps down to focus on...

In recent years, Dollar General has expanded its grocery footprint in many small towns with an expanded store concept called DG Market, a miniature grocery offering fresh produce and meats in addition to packaged goods.

E-commerce powerhouse Alibaba, free sat online which became China's first regulatory target late last year, shoreline camps is expected to post a 12% decline in profit in the quarter.

Revenue will likely rise 32%, the slowest in a year.

Still, with a recent slowdown in the pace of new regulatory missives that has stoked market optimism, investors will watch closely for clues on whether the worst is over and executives are likely be quizzed on their expectations on conference calls.

'I do think alcohol sales have something to do with it,' Wells told DailyMail.com of the concentration of dollar stores in Olive Hill. 'It's a great place to sell alcohol for people going out to camp' at nearby Carter Caves State Park, he added.

LONDON, Dec 16 (Reuters) - Britain and the European Union have made "some progress" in post-Brexit trade talks but there are still significant gaps and the most likely outcome is for negotiations to end in no deal, Prime Minister Boris Johnson's spokesman said on Wednesday.

In fact, residents of Olive Hill jokingly refer to the Dollar General closest to downtown as the ‘Olive Hill Walmart' due to its wide variety of goods, including a small produce section stocked with fruits and vegetables.

Beijing has exercised a more assertive paternal hand this year, from tacking the addiction of youngsters to online games, deemed a form of "spiritual opium," to clamping down on "blind" worship of internet celebrities.

After talks between British Brexit minister David Frost and the EU Commission's Maros Sefcovic, a British government spokesperson said triggering emergency unilateral provisions in the Brexit deal was still a legitimate option.

LONDON, Nov 12 (Reuters) - Britain said there were still significant gaps between its position and the European Union over post-Brexit trade arrangements for Northern Ireland, saying the bloc must address issues London has raised.

But critics fear that the convenience and affordability of food at dollar stores is offset by health concerns about their food offerings, which skew toward high-calorie, ultra-processed packaged foods.

BEIJING, Nov 2 (Reuters) - TikTok CEO Shou Zi Chew will step down as its parent ByteDance's chief financial officer (CFO) to focus on running the short video platform full time, according to an internal memo the company shared with Reuters.

ByteDance will also be reorganised into six units - TikTok and its Chinese version Douyin, work collaboration unit Lark, business services unit BytePlus, gaming unit Nuverse, and education tech unit Dali Education, Liang said in the memo.

Beijing has reasserted control over its once-freewheeling internet sector, punishing well-known names for engaging in what were previously considered regular market practices and drafting new rules to change how they compete and engage users.

SHANGHAI, Nov 8 (Reuters) - China's biggest listed companies Tencent and Alibaba are expected to report a fall in profits and slowing revenue growth in the July-September quarter, hurt by the year-long regulatory crackdown that has upended its tech industry.

The median household income in Olive Hill is $49,688 - lower than the statewide figure of $55,573, but higher than is generally found in the surrounding rural parts of Carter County, where the town is located.

Liang also said that Dali, which has undergone layoffs and product closures after China issued rules barring curriculum-based tutoring for profit website would provide services for education stakeholders such as artificial intelligence-powered learning, education for adults and smart hardware.

Baidu, China's biggest search engine operator, is expected to report that quarterly profit plunged 80%, hurt by a slump in advertising revenue from tutoring centres that have been barred from offering private, for-profit tutoring on the school curriculum.

ByteDance's Chinese products, including Douyin, news aggregator Toutiao, video-streaming platform Xigua, will be folded into the Douyin unit, which will take over all "information and service" operations in the Chinese market.

‘Our produce set offers the top 20 items typically sold in traditional grocery stores and covers approximately 80 percent of produce categories most grocery stores carry, including tomatoes, onions, apples, strawberries, potatoes, sweet potatoes, lemons, limes, salad mixes, and more,' a Dollar General spokesperson said in a statement.

Dollar General, like other major retailers, uses an algorithm to suggest new store locations, factoring in a wide variety of data points, including population density, traffic patterns, and nearby businesses and attractions.

Merrett said that as Walmart expanded across the country in the 1980s and 90s, many family-owed stores in smaller surrounding towns were not able to adapt, and shut down. 'In many rural places that used to have a grocery store, they lost that grocery store,' he said.

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