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Cheap Lab
Cheap Lab () is a retail chain of stationery and household goods in Hong Kong, founded in 2014. The company operates ten stores in Hong Kong as of 2018. History The company was founded in 2014 by So Hiu-fan. So opened the company's first location in a 40-square-foot space in the Apple Mall section of the Dragon Centre shopping mall in Sham Shui Po, which she leased for per month, soon after she separated from her ex-husband. The store initially sold low-cost jewellery and a small amount of stationery purchased online from mainland China, with teenage schoolgirls being its main target audience. Later that year, So expanded the store by leasing ten shop spaces in the Apple Mall, giving a total area between 300 and 400 square feet, and rebranded the store "Cheap Lab" along with introducing its logo. Cheap Lab opened its second location at Cheung Sha Wan Road in Sham Shui Po. As the company was able to attract a wider range of customers owing to the shop's location on a busy s ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Privately Held Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Procurement
Procurement is the method of discovering and agreeing to terms and purchasing goods, Service (economics), services, or other works from an external source, often with the use of a tendering or competitive bidding process. When a government agency buys goods or services through this practice, it is referred to as Government procurement, public procurement. Procurement as an organization, organizational process is intended to ensure that the buyer receives goods, services, or works at the best possible price when aspects such as quality, quantity, time, and location are compared. Corporations and public bodies often define processes intended to promote fair and open competition for their business while minimizing risks such as exposure to fraud and collusion. Almost all purchasing decisions include factors such as delivery and handling, marginal benefit, and fluctuations in the prices of goods. Organisations which have adopted a corporate social responsibility perspective are also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2014 Establishments In Hong Kong
Fourteen or 14 may refer to: * 14 (number), the natural number following 13 and preceding 15 * one of the years 14 BC, AD 14, 1914, 2014 Music * 14th (band), a British electronic music duo * ''14'' (David Garrett album), 2013 *''14'', an unreleased album by Charli XCX * "14" (song), 2007, from ''Courage'' by Paula Cole Other uses * ''Fourteen'' (film), a 2019 American film directed by Dan Sallitt * ''Fourteen'' (play), a 1919 play by Alice Gerstenberg * ''Fourteen'' (manga), a 1990 manga series by Kazuo Umezu * ''14'' (novel), a 2013 science fiction novel by Peter Clines * ''The 14'', a 1973 British drama film directed by David Hemmings * Fourteen, West Virginia, United States, an unincorporated community * Lot Fourteen, redevelopment site in Adelaide, South Australia, previously occupied by the Royal Adelaide Hospital * "The Fourteen", a nickname for NASA Astronaut Group 3 * Fourteen Words, a phrase used by white supremacists and Nazis See also * 1/4 (other) * Fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Suckling Pig
A suckling pig is a piglet fed on its mother's milk (i.e., a piglet which is still a " suckling"). In culinary contexts, a suckling pig is slaughtered between the ages of two and six weeks. It is traditionally cooked whole, often roasted, in various cuisines. It is usually prepared for special occasions and gatherings. The most popular preparation can be found in Spain and Portugal under the name ''lechón'' (Spanish) or ''leitão'' (Portuguese). The meat from suckling pig is pale and tender and the cooked skin is crisp and can be used for pork rinds. The texture of the meat can be somewhat gelatinous due to the amount of collagen in a young pig. History There are many ancient recipes for suckling pig from Roman and Chinese cuisine. Since the pig is one of the first animals domesticated by human beings for slaughter, many references to pigs are found in human culture. The suckling pig, specifically, appears in early texts such as the sixth-century Salic law. As an example o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Fidget Spinner
A fidget spinner is a toy that consists of a ball bearing in the center of a multi-lobed (typically two or three) flat structure made from metal or plastic designed to spin along its axis with pressure. Fidget spinners became trending toys in 2017, although similar devices had been invented as early as 1993. The toy has been promoted as helping people who have trouble focusing or those who may need to fidget to relieve nervous energy, anxiety, or psychological stress. There are claims that a fidget spinner can help calm down people who have anxiety or neurodivergences, like ADHD and autism. However, as of May 2017, there is no scientific evidence that they are effective as a treatment for ADHD. Development In October 2016, inspired by the ''Fidget Cube'' Kickstarter campaign, Allan Maman used his Byram Hills High Schools 3-D printers to make ''Fidget360'' with the help of his physics teacher, Eric Savino and worked with Cooper Weiss to promote the toy. In an interview ap ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inventory Turnover
In accounting, the inventory turnover is a measure of the number of times inventory is sold or used in a time period such as a year. It is calculated to see if a business has an excessive inventory in comparison to its sales level. The equation for inventory turnover equals the cost of goods sold divided by the average inventory. Inventory turnover is also known as inventory turns, merchandise turnover, stockturn, stock turns, turns, and stock turnover. Formulas The formula for inventory turnover: :\text=\frac or :\text=\frac or : The ''most basic'' formula for average inventory: : \text=\frac or just : \text=\text Multiple data points, for example, the average of the monthly averages, will provide a much more representative turn figure. The average days to sell the inventory is calculated as follows: :: \text=\frac Application in Business A low turnover rate may point to overstocking, obsolescence, or deficiencies in the product line or marketing effort. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Closeout (sale)
A closeout or clearance sale (closing down sale in the United Kingdom) is a discount sale of inventory either by retail or wholesale. It may be that a product is not selling well, or that the retailer is closing because of relocation, a fire (a fire sale), over-ordering, or especially because of bankruptcy. In the latter case, it is usually known as a going-out-of-business sale or liquidation sale, and is part of the process of liquidation. A hail sale is a closeout at a car dealership after hail damage. A store that is closing will often advertise to customers their last chance to buy. However, often closures are from companies that can't sell their inventory, inventors whose ideas were not marketable, or businesses needing fast incoming cashflow to pay debts such as payroll or rent. A closeout store is a retailer specializing in buying closeout items wholesale from others and selling them at low prices. Big Lots is a well-known closeout retail chain in the United St ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ming Pao
''Ming Pao'' () is a Chinese-language newspaper published by Media Chinese International in Hong Kong. In the 1990s, ''Ming Pao'' established four overseas branches in North America; each provides independent reporting on local news and collects local advertisements. Currently, of the overseas editions, only the two Canadian editions remain: ''Ming Pao Toronto'' and ''Ming Pao Vancouver''. In a 2019 survey from the Chinese University of Hong Kong sampling 1079 local households, ''Ming Pao'' was listed as the second most credible paid newspaper in Hong Kong. History Launch, early days ''Ming Pao'' was first published on 20 May 1959, and was founded by the famous Chinese Wuxia novelist Louis Cha, known better by his pseudonym Jin Yong (金庸), and his friend, Shen Pao Sing (沈寶新). Daisy Li Yuet-Wah won an International Press Freedom Award from the Committee to Protect Journalists for her work with the paper in 1994. Before British Hong Kong's handover to the Peop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Parallel Import
A parallel import is a non-counterfeit product imported from another country without the permission of the intellectual property owner. Parallel imports are often referred to as grey product and are implicated in issues of international trade, and intellectual property. Parallel importing is based on concept of exhaustion of intellectual property rights; according to this concept, when the product is first launched on the market in a particular jurisdiction, parallel importation is authorized to all residents in the state in question. Some countries allow it but others do not. Parallel importing of pharmaceuticals reduces price of pharmaceuticals by introducing competition; TRIPS agreement in Article 6 states that this practice cannot be challenged under the WTO dispute settlement system and so is effectively a matter of national discretion. The practice of parallel importing is often advocated in the case of software, music, printed texts and electronic products, and occurs fo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cheung Sha Wan Road
Cheung Sha Wan Road () is a main thoroughfare in Kowloon, Hong Kong going in a south-north direction from Mong Kok in the south to Lai Chi Kok in the north. Description It starts in Mong Kok near Boundary Street and at the northern terminus of Nathan Road. It then passes through Sham Shui Po and Cheung Sha Wan whilst intersecting with major roads, including Nam Cheong Street, Yen Chow Street and Tonkin Street, in that order. It ends at Kwai Chung Road, part of Route 5 (Hong Kong), Route 5, in Lai Chi Kok. There is also an exit ramp in the northern terminus to Castle Peak Road. A section of the Tsuen Wan line (Lai Chi Kok station, Lai Chi Kok, Cheung Sha Wan station, Cheung Sha Wan and Sham Shui Po station, Sham Shui Po stations) runs underneath the Road. Cheung Sha Wan Road is about in length, with a uniform speed limit of . In 2017, the busiest section of the road was from Kom Tsun Street to Tung Chau West Street, with 54,300 vehicles traveling on it. It is measured in avera ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legal Separation
Legal separation (sometimes judicial separation, separate maintenance, divorce ', or divorce from bed-and-board) is a legal process by which a married couple may formalize a separation while remaining legally married. A legal separation is granted in the form of a court order. In cases where children are involved, a court order of legal separation often makes child custody arrangements, specifying sole custody or shared parenting, as well as child support. Some couples obtain a legal separation as an alternative to a divorce, based on moral or religious objections to divorce. Legal separation does not automatically lead to divorce. The couple might reconcile, in which case they do not have to do anything in order to continue their marriage. ' separation is a legal Latin phrase which means "from table and bed", often translated as "from bed and board", in which "board" is a word for "table". Separation ' is essentially a separation that is sanctioned by a court order, mea ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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