“We are still seeing a surprisingly strong demand for dried beans,” said Vince Hayward, a member of the third generation to lead the Camellia brand, whose red kidney beans are the staple of the New Orleans table. He likes to think that demand is steady because people fell in love with beans, but he realizes that economic insecurity could be driving sales. … [Read more...] about COVID-19 Impact | Seven ways the pandemic has changed how we shop for food
Shop your way
"Small businesses are the backbone of the Indian economy and have been impacted the most during the pandemic. Through our Shop Small initiative, we are reinforcing our longstanding commitment to support small businesses by bringing them closer in the safest possible way to consumers and providing them the required resources to revive their business with confidence," said Manoj Adlakha, SVP and CEO, American Express Banking Corporation India. … [Read more...] about American Express launches ‘Shop Small’ in India to help small retailers tide over COVID-19 impact
The notion of one project taking away from another is common but unfounded, Atwell said. “Instead, we see that great projects launching on the platform create more visibility and interest in other projects as well,” she said, adding that around 30% of its community has backed two or more projects. “We also have a strong core of superbackers who have backed dozens or even hundreds or thousands of projects,” she said. … [Read more...] about Comic book flourish on crowdfunding sites, drawing big names
Even before the pandemic, retail was evolving fast, and the old guard was struggling to keep up. Over the past two years, giants such as Walmart, Amazon, and Target consistently rolled out shorter delivery times, bigger inventories, and lower prices, while D2C brands such as Warby Parker and Everlane built modern physical interiors that made older stores look unappealing. Meanwhile, restaurants were being pressured by DoorDash and Uber Eats to find new ways to serve customers. … [Read more...] about Retail is having a Darwin moment that will transform it forever
Perhaps the best advice I have is to remember to do something that too often gets overlooked. Instead of just worrying about managing those who are underperforming, focus on coaching your best performers as these are the ones who will make the greatest contributions. Don’t forget to show them love and give them support. … [Read more...] about Should a CEO hold employees to pre-COVID performance standards?