Rebirth of England.

Chapter 782 Transfer
In Barron’s previous life, when the Costco store opened in Shanghai in 2019, he was in Shanghai.

Although he did not join in the fun, he knew how popular it was from what his friends said and media reports.

Now that the store is opening nine years ahead of schedule, Barron has also reminded Costco to be prepared.

Well, although it wasn’t like his previous life, where the stock was sold out in just half a day due to the influx of customers, forcing him to suspend business...

But it only lasted three more hours. At four o'clock in the afternoon, Costco sent a group text message to inform the citizens of Shanghai that it would suspend business that day and asked them not to go to the store today.

It can be said that the scene on Costco’s opening day made everyone, including Costco’s management, very excited.

But Barron understands that as a warehouse-style supermarket with a sales method different from that of local Chinese retail supermarkets, it remains to be seen whether this situation can continue.

However, Costco itself is similar to the Sam's Club of Walmart, with a membership system, and only Costco members can enter. In Costco in China, the annual fee for individual membership is 299 yuan - but before opening, Costco's Shanghai store began to attract new members with a preferential price of 199 yuan per year. So far, the number of members they have accumulated has exceeded 5!

Therefore, it is obvious that users who have signed up for membership will not just shop once or twice to try it out...

Costco itself is not like other supermarkets. Its profits mainly come from the products sold in the store, and Costco's profits mainly come from membership fees.

Therefore, the pricing of Costco supermarket products is basically the purchase price - the supermarket also stipulates that the gross profit of all goods sold must be controlled between 10%-14%. If it exceeds, it must be reported to the CEO.

For example, if a T-shirt costs 10 yuan to purchase, its selling price shall not exceed 11.4 yuan.

Such a high cost-effectiveness has resulted in Costco supermarket’s global membership renewal rate exceeding 87%!

……

"Congratulations, William and Cather. Have you decided when to hold the wedding?"

On November 11, Prince William and Catherine held a formal engagement ceremony at St. James's Palace in London.

This time the engagement ceremony was not held in public. Only nobles close to the royal family and friends of both parties were invited. Only after the ceremony was over, William and Cather would take an engagement photo at the door of St. James' Palace and announce it to the media.

Today Cather was wearing a dark blue dress, and on her hand she wore a sapphire ring surrounded by diamonds.

Barron knew that Prince William proposed to Catherine with this ring while on vacation in Kenya.

This ring is also of great significance. It was worn by William’s mother, Princess Diana, when she got engaged…

"The wedding is scheduled to take place in April next year..."

Hearing William's words, Barron smiled and said:

"It will definitely get a lot of attention, and by the way, the ring is beautiful and we both love what it represents."

Prince William's eyes rested on Cather's hand and he said:
"It's very special to me and it's my way of remembering my mom... We are both very happy now."

And Cather also looked at William affectionately:

"I love this ring and I will take good care of it."

……

It is almost December, the end of 12. The weather in London has turned cold.

However, after discussing with Bonnie and the others, Barron decided to wait until after New Year's Day before leaving for Australia to spend the winter.

After all, they had spent quite some time sailing on the sea earlier and lived in Colo, West Africa for a while.

Not only Barron, but also Bonnie, Tamaran Ecclestone and others, all have their own work to deal with.

Yes, now Tamarin has started to resume work while accompanying little William. In fact, before this, she had been paying attention to the production of "The Grand Tour" and was preparing to prepare a new show.

Perhaps some people have discovered that among Barron's children, there are two "Williams", namely William Hearst, his son with Amanda Hearst, and William Cavendish, his child with Tamaran Ecclestone.

Although it is not uncommon for three generations of Westerners to share the same name, it is extremely rare for brothers to have the same name - but it is also possible for cousins ​​to have the same name in a large family.

Moreover, it is not difficult to distinguish them. After all, there are not many times when two "Williams" appear at the same time. Even so, William Hearst and William Cavendish can be distinguished by William H and William C.

Or you can give each of them a nickname that their family members use, which is also acceptable.

For example, the well-known George H.W. Bush and George W. Bush are often referred to as Bush SR. (Senior) and Bush JR. (Junior). Senior and Junior are often used when the elder and younger generations in a family have the same name.

When Barron opened the gap in the curtains, he saw that the window outside was covered with heavy snow in the early morning.

Last night, the snow was not heavy, but it seemed that the snow had not stopped in the second half of the night and was getting heavier.

Wearing pajamas, in a warm room, looking at the snow-covered world outside, the feeling is quite subtle.

Barron turned around and saw Zhang Junning sleeping soundly on the bed - it was also last night because their study was too intense.

Yesterday, because Barron went to relax with William and others, he did not return to The Holme in Regent's Park, but stayed in this villa near Kensington Palace.

After Barron finished his exercise and took a shower, when he was having breakfast with Zhang Junning who had already gotten up, Talulah Riley, dressed in a professional suit, also came here.

Now Talulah Riley is no longer an actress - in fact, as early as last year, she stopped acting in film and television dramas and returned to school to pursue a short-term MBA program.

After all, in the original time and space, she later obtained a Ph.D. in quantum physics from Caltech, which also shows that she is a true "academic master"...

The reason why she is dressed like an office lady today is because during this period of time, Talulah Riley will serve as Zhang Junning's deputy, and with her help, she will adapt to the role of Barron's assistant.

Once Talulah Riley is able to take on this position, Janine Chang's position will also be transferred - she will be sent to Asia to take over the position of CEO of Rich23 Capital.

Rich23 Capital is headquartered in Lijiaopo. Prior to this, this investment company was mainly responsible for some of Barron’s investments in China. However, after the establishment of Tianhe Capital, it would be more convenient for Tianhe Capital to invest in certain industries. Therefore, Rich23 will only hold partial shares in certain Chinese companies, and its main business will also shift to Southeast Asia.

The original head of Rich23 Capital was Chen Fuyang, but Chen Fuyang now focuses his main energy on Avago Technologies.

Liu Chiping, who joined later, went to Penguin Company just like in the original time and space, and now he has become the president and executive director of Penguin Company.

Since Barron has not found a suitable successor, and Rich23 Capital has always been a shareholder, there is not much work to do, so Chen Fuyang still serves as CEO.

Now that Barron has evaluated Zhang Junning and approved her, he believes that the position of his personal assistant is not convenient for one person to hold for a long time. Therefore, after the relationship between the two becomes closer, he will send her to Rich23 Capital to serve as CEO and be responsible for the daily affairs of the investment company.

(End of this chapter)