Kroger CFO Gary Millerchip said on a call with analysts last week: "Customers are now adapting to some level of a new normal."
Lam said the government regretted Moody's decision but conceded that the instability and social unrest in Hong Kong would inevitably undermine and adversely affect international perception of Hong Kong.
LVMH Chairman Bernard Arnault said earlier that online shopping services are "very demanded by the client", saying that digital capabilities are an essential component of the elite experience of buying luxury goods.
Lai, the founder of the city's tabloid-style Apple Daily newspaper, was arrested at his residence in Hong Kong on Monday morning. Others arrested include his two sons and four of the newspaper's senior executives, according to media reports.
Lang said that when the program started in the US five years ago, there were only two schools and 300 students enrolled in it. Now it has 40 schools across the US, reaching more than 16,000 students.
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Lam Chi-ting, general secretary of the Federation of Hong Kong Trade Unions in Tourism, said that some travel agencies received "zero tour group order" during the holidays.
Lai was suspected of "serious violation of Party disciplinary rules and law," according to the Central Commission for Discipline Inspection and the National Supervisory Commission.
LOS ANGELES -- Scientists are baffled by the relatively dust-free space in the approximately 2,000 km-wide region between Saturn and its rings.
Lam also slammed negative comments about the central government's support and assistance for the Hong Kong SAR, saying the remarks were aimed at "damaging the relationship between the central authorities and the HKSAR."