Starbucks burdened by high London rents

first_imgStarbucks UK has confirmed less profitable outlets in central London locations have contributed to its five-year run of losses.Kris Engskov, UK managing director, said the global coffee chain was “making strides to improve its bottom line” by closing or relocating less profitable outlets, including three stores on London’s Oxford Street.In 2011, Starbucks UK opened 42 new sites but closed 12 stores, and made a loss of £32.9m for the year to last September, despite reporting growth in like-for-like sales over the past 11 quarters.In the company’s second quarter fiscal results 2012 for the 13 weeks ended 1 April, its Europe, Middle East and Africa (EMEA) region recorded an operating loss of $5.5m (£3.5m), compared to operating income of $7.7m (£4.9m) for the same period a year ago.Last month, British Baker reported that Starbucks UK was looking to place 16 of its central London sites on the property market in a bid to cut down rental costs, with the help of commercial property services company CBRE.This included stores based on Wigmore Street, Villiers Street, Baker Street and a further two locations on the King’s Roads, which are valued between £32,500 and £206,000.A Starbucks UK spokesperson told British Baker: “As is the case in all retail businesses, we regularly review our store portfolio, and as a result we are continuously marketing a number of sites while simultaneously looking for new locations. Over the course of this year, we anticipate our overall store count to continue to climb as we ensure that we have the right store portfolio, in the right places.”The company is currently investing £8m on refurbishing its coffee shops in the capital ahead of the Queen’s Jubilee celebrations and London 2012 Olympic Games this summer. This includes six more high-profile renovations and 70 refurbishments in London.Starbucks has said a total of 766 stores in the UK and Ireland will undergo a revamp under its refurbishment plans.last_img read more

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Ohio Crop Progress — Oct. 15, 2018

first_imgShare Facebook Twitter Google + LinkedIn Pinterest Temperature Cooled Down as Harvest Heated UpTemperatures cooled down and the State received small amounts of rain last week according to Cheryl Turner, State Statistician, USDA NASS, Ohio Field Office. There were 4.4 days suitable for fieldwork in Ohio during the week ending October 14. The rain stopped long enough for combines to get into the fields and pick corn as the harvest continued to outpace the 5-year average. Soybean harvest moved ahead 13 percentage points although it was still lagging behind the 5-year average. The wet conditions were reportedly affecting grain quality in a few areas. Corn condition dropped slightly from 83 percent rated good to excellent condition last week to 82 percent this week. Soybean condition moved a bit more from 84 percent rated in good to excellent condition last week to 79 percent this week. Other late season crops, like vine vegetables and tobacco, were being harvested but faced quality issues where fields were oversaturated. Winter wheat planting continued slightly behind the 5-year pace and hay producers continued cutting and baling as fields allowed. The average moisture content of corn harvested last week was 19 percent and the average for soybeans was 14 percent.Click here to read the full reportlast_img read more

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Geocaching.com Caption Contest 26 – Win a Barely Coveted Prize

first_img SharePrint RelatedGeocaching.com Caption Contest 19 – Win a Barely Coveted PrizeJanuary 5, 2011In “Community”Geocaching.com Caption Contest 17 – Win a Barely Coveted PrizeNovember 24, 2010In “Community”Geocaching.com Caption Contest 25 – Win a Barely Coveted PrizeJune 30, 2011In “Community” Winning Caption: She’s only marrying him for the cache!!! – TNTcarrollShare your genius for witty captions in the 26th installment of our Geocaching.com Caption Contest. You could earn a barely coveted prize. What caption would you write? “We’re saving thousands on our around-the-world honeymoon this way!” You can craft a better caption.Barely Coveted PrizeSubmit your caption by clicking on “Comments” below. Please include your geocaching username in all entries. Then, explore the captions other geocachers have posted.Click on the image to see the winner of the 25th Geocaching.com Caption ContestYou can even influence the voting process. “Like” the caption that you think should win.  If you think your caption should win, convince your fellow geocachers, your friends and family to “like” your caption. Lackeys vote from the top finalists to decide the winner of the contest.The winner receives a barely coveted prize from Groundspeak Headquarters. This contest the barely coveted prize is six Cache In Trash Out caption stickers.26 Lackeys voted to award the winner of the 25th Geocaching.com Caption Contest a barely coveted prize. Click on the image at right to discover the winning caption from the 24th Geocaching.com Caption Contest.Explore all the past winning captions by checking out all the Geocaching.com Caption Contests.Share with your Friends:Morelast_img read more

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Technology Is the New Cultural Identifier

first_imgRemote Working Culture: The Facts Business Owne… Tags:#Culture#tech Related Posts Kuty Shalev is the founder of Clevertech, a New York City-based firm that designs, develops and deploys strategic software for businesses that want to transform themselves using the power of the web. How to Use Behavioral Data to Inform Marketing … In 1968, astronaut Frank Borman said, “When you’re finally up at the moon looking back on Earth, all those differences and nationalistic traits are pretty well going to blend, and you’re going to get a concept that maybe this really is one world and why the hell can’t we learn to live together like decent people?” This seems to ring truer over time as technology changes the patterns that have shaped those nationalistic traits for millennia.Yet we still tend to think in terms of nation-states, which themselves are merely a social construct. When Borman saw the Earth from the moon, he didn’t see borders and boundaries. The only indications of human groupings on the Earth he saw from space were the city lights illuminating the night skies.That image hints at a more useful way of categorizing human interactions: the hub. A hub is not necessarily a physical location, but a center of shared activity that’s constantly evolving and being organized through the internet and other technological avenues. Human gravitation toward the hub has begun, with digital nomads shopping for new homes, evaluating countries by variables from internet speed to tax regulations, rather than accepting their birth nations. This represents a change from a longstanding pattern, a shift that’ll need to be fully understood if the hope is to thrive in this new digital reality.The Roots of Traditional Power StructuresNation-states exist to protect citizens. They are supported by military force and depend on people’s trust in their governments. That faith is a product of one’s cultural upbringing and a surrounding network of community members who share the same cultural values. It builds confidence in the entire civic structure, including a nation-state’s ability to care for its people.How countries accomplish that varies. Communism promised equal outcomes for everyone, while the U.S. intends to protect equal opportunities for all. These promises and protections were necessary because people lived in an era of scarcity in which the availability of necessary resources was never a guarantee.When significant resources were discovered — such as a mine of the metals used for weapons and tools — power structures coalesced around it. Those who controlled these resources became dominant and planted the seeds of a new nation-state. The small group of elites who control the lion’s share of petroleum in the Middle East prove that this model is still highly relevant.Thanks to technology, however, this antiquated pattern is changing. Though we are still powerfully motivated by scarcity, we’re entering an age of abundance. For example, if we can get to the point where solar power meets most of our energy needs, oil and natural gas will lose reverence. Hypothetically, this should dissolve power structures based on these resources, resulting in more fluid and dynamic societies united by common interests rather than by a need to protect limited resources.The Anger Behind PopulismWhen citizens suspect the dearth of good resources is due to poor distribution, it creates a resentment. This feeling is exacerbated when governments are too often shown to be corrupt or negligent in protecting the “pursuit of happiness” that every person wants. The recent vote of no confidence of the Spanish government and ouster of Prime Minister Mariano Rajoy conveys people’s willingness to rebel against traditional power structures.In the U.S., we’ve seen this resentment materialize when government officials fail to keep their promises. Many are skeptical that the government can fulfill the future demands of federal entities such as Social Security and Medicare, which erodes the trust the country was first founded upon all those years ago.Yet the belief in human innovation and potential continues to inspire us. Elon Musk, for instance, is so revered because he continually pushes to search for answers to long-term issues and complex challenges, even when there’s no guarantee of success.Many of us root for him because we’re ultimately rooting for all of us. That same feel-good morale surrounds the entire tech sector these days, including Musk, the Bill & Melinda Gates Foundation, Amazon’s current round of innovations, or the latest offering from some forward-thinking startups. In contrast, there’s rarely much buzz about what the government is doing.Those who can adapt and embrace new tech put themselves at an advantage. Napoleon logged military success because he was an early adopter of the light cannon. The cannon was known as a universal artillery that could devastate opponents from near and far.The versatility of the apparatus gave Napoleon’s infantry an edge on the competition. In that same vein, early tech adopters willing to take risks will position themselves in the path of opportunity. They will be less reliant on government as private innovation outpaces it and base their partnerships on convenience, taxation, and regulation instead of location and cultural identifiers.We should embrace these new distributed power structures and seek political change that supports and enhances them. From medical cures to communications breakthroughs, it’s an exciting future, one worth calling a new epoch in the human story.For so long, we’ve allowed regionality to define how we connect with others. Isn’t it time we let technology allow us to relate to one another on a larger scale? Kuty ShalevFounder at Clevertech How to Make the Most of Your Software Developer… The False Choice Between Privacy and Safety in …last_img read more

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a month agoPSG coach Thomas Tuchel linked with Man Utd

first_imgPSG coach Thomas Tuchel linked with Man Utdby Paul Vegasa month agoSend to a friendShare the lovePSG coach Thomas Tuchel is being linked with Manchester United.United sees him as an alternative to Ole Gunnar Solskjaer should the Red Devils boss fail to improve results, says Le 10 Sport.The Old Trafford-based club gave Solskjaer a three-year contract just six months ago.Barcelona are also interested in hiring PSG boss Tuchel.The Red Devils failed to qualify for this season’s Champions League last campaign in which Solskjaer took over half way through. TagsTransfersAbout the authorPaul VegasShare the loveHave your saylast_img

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11 days agoReal Madrid veteran Luka Modric eases injury fears

first_imgAbout the authorCarlos VolcanoShare the loveHave your say Real Madrid veteran Luka Modric eases injury fearsby Carlos Volcano11 days agoSend to a friendShare the loveReal Madrid veteran Luka Modric has played down an injury suffered in action for Croatia last night.He left the Wales clash injured with two minutes remaining. Modric collided with Harry Wilson while attempting to halt a counter-attack by the hosts.The Madrid midfielder was able to get back onto his feet and after receiving treatment from Croatia’s medical team, asked to be taken off. He limped off the field without hardly being able to walk on his right leg.But he has since stated this morning: “I have a bruise, which hurts a little and is swelling. It’s big, but I think it’s not serious and I’ll be fine in a few days.”It is an injury that Dr. Jankovic (the Croatian national doctor) said was unpleasant, but should not be long. He immediately communicated it to the doctors of Real Madrid.” last_img read more

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Disney Cruise Line Adds One to Meyer Werft Orderbook

first_imgzoom The US-based cruise company Disney Cruise Line has decided to further expand its fleet as it added a third vessel to its orderbook.The first two vessels under the company’s next phase of expansion were ordered in March 2016 from Germany’s Meyer Werft shipyard. The new cruise ship will also be constructed by the same yard.The earlier ordered ships are scheduled to be finalized in 2021 and 2023, respectively, while the third newbuilding is set to be completed in 2022.Disney Cruise Line said that all ship names, design plans and itineraries are still in development. The three new ships will be powered by clean-burning liquefied natural gas and be the same size of around 135,000 gross tons with about 1,250 guest staterooms planned, slightly larger than the newest Disney Cruise Line ships, the Disney Dream and Disney Fantasy.“We decided two ships wouldn’t be enough to hold all of the exciting new experiences we have been dreaming up to take family cruise vacations to a whole new level with immersive Disney storytelling, world-class family entertainment, and imaginative innovations that are fantastically fun and uniquely Disney,” Bob Chapek, Chairman of Walt Disney Parks and Resorts, said.last_img read more

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Is Vegas Underrating The Warriors

2013Heat66-16✔ 1997Bulls69-13✔ 1987Lakers65-17✔ 2011Bulls62-20 1994Sonics63-19 1992Bulls67-15✔ 2004Pacers61-21 2008Celtics66-16✔ Our NBA playoff projections, which are based on a version of Jeremias Engelmann and Steve Ilardi’s Real Plus-Minus ratings (RPM), give the Golden State Warriors a 48 percent chance of winning the NBA title. Other statistical systems hold the Dubs in similarly high regard: The playoff probabilities at Basketball-Reference.com give them a 47 percent chance of winning a ring, and John Hollinger’s playoff odds put their chances at 38 percent.Gambling markets are more skeptical of Golden State. According to PredictWise, which compiles odds from Betfair and removes the “vig” (house cut), bettors have the Warriors with a 27 percent chance to win the title. And a number of sportsbooks consider LeBron James’s Cleveland Cavaliers to be the title favorites.So here’s a gut-check. The Warriors, with a 67-15 regular-season record, are the top overall seed and will have home-court advantage throughout the playoffs. How often does the top overall seed1That is, the team with the best regular-season record, plus whatever tiebreakers apply. win the title?The answer — since the NBA expanded the playoffs to 16 teams in 1984 — is 45 percent of the time, almost exactly the chances RPM assigns to the Warriors. The top seed has won 14 titles in 31 attempts. 2012Spurs50-16 2001Spurs58-24 2000Lakers67-15✔ 2006Pistons64-18 YEARTEAMREGULAR-SEASON RECORDWON TITLE 2005Suns62-20 1990Lakers63-19 1991Blazers63-19 2003Spurs60-22✔ 2007Mavericks67-15 2002Kings61-21 2010Cavaliers61-21 1986Celtics67-15✔ 1998Jazz62-20 1984Celtics62-20✔ 1989Pistons63-19✔ And the Warriors, with 67 wins, are better than your average top seed. Since 1984, nine other top seeds have finished within two games of the Warriors’ regular-season win total (somewhere between 65 and 69 wins). Those teams went 7 for 9 in winning titles. In contrast to the single-elimination NCAA basketball tournament, the best-of-seven format in the NBA playoffs has historically allowed elite teams to rise to the top.We certainly do not recommend you naively trust statistical systems ahead of the handicappers. Vegas is really tough to beat. Gamblers can account for all the information in systems like RPM — plus whatever other data they think is relevant, like postseason experience or how teams match up with one another or the San Antonio Spurs beating the odds again and again.Still, we’re a little more likely to give credence to complex systems like RPM when they’re also able to pass simple gut-checks like this one. 1985Celtics63-19 1996Bulls72-10✔ 2014Spurs62-20✔ 1988Lakers62-20✔ 1999Spurs37-13✔ 1995Spurs62-20 2009Cavaliers66-16 1993Suns62-20 read more

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Sluggish start a distant memory for Ohio State hockey team

Consistency and composure have been key for the resurgence of the men’s hockey team.Through their first 20 games, the Buckeyes fell short of lofty pre-season expectations, and the team stumbled into winter break searching for answers. But given a chance to recharge the batteries, the Buckeyes returned to practice with a renewed vigor.“I want to think we’re not the same team we were in the first half [of the season],” coach John Markell said. “So far we’re proving that. We’re being the team we can be.” Markell credits some of the Buckeyes’ first half struggles to injuries.“People think we didn’t sustain big injuries. We did,” Markell explained. “We are finally dressing the team we thought we had and that team is starting to play up to their capabilities.”Having a healthy squad has brought stability, experience and composure, which has led to instant results. Since the Buckeyes have returned from their midseason break, they have won three of their four conference games and four of five overall. This after a first half in which the team won only five of 14 conference games.“I feel like we’re setting a pace that is pretty good,” assistant captain Sergio Somma said. “We’re playing more consistent than we were before the break and we feel pretty good about that.”The Buckeyes will need to remain consistent as they host No. 10 Ferris State this weekend. It is the second straight week the Buckeyes will face a Top 10 opponent. The team just returned home from visiting then No. 10 Michigan State.Ferris swept the Buckeyes in the teams’ first series this year in Big Rapids, Mich. “In their building, they had momentum,” Markell said. “The crowd got into it and our guys got a little intimidated. Our emotions got the best of us.”The Buckeyes had built a 4-1 lead in the second game of the series but were unable to hold on. “We took a couple of bad penalties at the wrong time,” Markell said. Those penalties allowed Ferris State to get back into the game and eventually win 6-5 in overtime.The Buckeyes’ increased composure has helped them to avoid similar penalties and allowed the team to remain poised in tough situations. One such situation emerged last Saturday, when the Buckeyes were in East Lansing, Mich. The Buckeyes surrendered a game-tying goal with just 10 minutes remaining in the third period. Somma said despite losing the lead, the team was able to remain calm and continue to play its game.“We felt like we were playing well and working hard, and if we kept playing the bounces would go our way,” Somma said. The bounces did go the Buckeyes’ way as they went on to score two goals in the final 1:07 to win 4-2.Afterward, players said their ability to not lose focus after Michigan State tied them was key in earning the victory. “We did a lot better job controlling our emotions,” Markell said. The Buckeyes’ ability to keep their emotions in check is something they obviously lacked the first time they met Ferris State.“After the first half of the year, the guys are doing a better job of playing for each other,” Markell said. “The finer points of the game are where we seem to be coming together. But that will be tested this weekend, and we hope the good parts of our game will test Ferris State.”The Buckeyes face off with Ferris State Friday and Saturday at 7:05 p.m. at the Schottenstein Center. read more

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Mens tennis Justin Kronauge named ITA National Assistant Coach of the Year

For the second time in as many days, an Ohio State tennis coach has been recognized by the Intercollegiate Tennis Association.OSU men’s tennis assistant coach Justin Kronauge was named ITA National Assistant Coach of the Year Wednesday, coming just a day after Buckeyes’ women’s tennis head coach Melissa Schaub was named Wilson/ITA Coach of the Year.Kronauge is one of two assistant men’s tennis coaches to receive the honor in 2017, along with Virginia assistant coach Dustin Taylor. He was also named ITA Midwest Region Assistant Coach of the Year for the third time in his career. Under the leadership of Kronauge, the Buckeyes made an NCAA tournament run to the semifinals, where they lost to UVA 4-2 in 2017. His team also finished the year undefeated in Big Ten play (11-0), and came away with both its 12th straight conference regular season title and 12th overall conference tournament title. read more

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