Share to Twitter Share to Linkedin Stores must understand the mood of today’s shopper in order to be successful. The mood has changed significantly in recent times, and retailers must evaluate how to shift shopping back to stores. It is more complicated than just trying to compete with the internet; the ‘does she still want to shop online’, or ‘does she want to go to a store?’ is only part of the challenge. The consumer’s urge to get out of the house is evident, and that provides an immediate opportunity for stores to find ways to tap into. For instance, shoppers for fashion often want to try on clothes and chose the right color, right fabric and have an assurance that it fits, and stores are set up to do that conveniently. In contrast, during the pandemic I am told that many customers forced to shop online bought two (or three) sizes to insure the proper fit. The rest were returned for credit. That process has hassles that an in-store shopper can avoid. … [Read more...] about Will Stores Be Successful During Inflation?
Successful negotiation essential strategies and skills
Share to Twitter Share to Linkedin Whether you’re a manager at a company with 3,000 employees or three, something that leaders across industries have learned in the past two years is that giving employees more flexibility is key to retention and recruiting of new hires. The pandemic forced the majority (~70%) of the US workforce to adapt in a plethora of different ways to keep everyone healthy while still continuing to work efficiently. Companies that previously had 0% of their employees working remotely had to figure out how to seamlessly transfer all operations to a 100% digital environment. While obviously a ton of bad things came from the pandemic, that’s not to say there weren’t learnings and lessons discovered across the board. The reality is that more talent in every part of the country, and the world, now has access to greater opportunities because of the increased normalization of remote work. Gone are the days where you have to live in San Francisco … [Read more...] about 30 Executives’ Perspectives On Remote, Hybrid, And In-Office Work
As one of the larger companies of the consumer discretionary sector, The Coca-Cola Company ( KO ) shares have enjoyed a relative upward trend since the beginning of 2022 as investors appear to be bracing for potential interest rate hikes. Coca-Cola shares currently trade in an above average range based on historical volatility, and option traders appear to be positioned for the stock to rise after the company reports earnings for the fiscal fourth quarter. Analysts expect the company to announce $0.41 in earnings per share (EPS) and $8.93 billion in revenue. Investors will be paying keen attention to how Coca-Cola has managed to navigate ongoing supply chain issues and how rising costs could affect the bottom line. Insiders have recently increased the amount of shares being sold, unloading over 314,000 shares valued at close to $18.6 million over the past 90 days. Investors will be keeping an eye on if the beverage maker can continue to increase sales volume and what, if … [Read more...] about Can Coca-Cola (KO) Keep Up the Trend?
Share to Twitter Share to Linkedin It takes a lot to become a global beauty sensation, but Sunnies Face managed to do so practically overnight. When the brand launched in the Philippines, their website crashed just before reaching 3 million views and the line sold out in 10 minutes at their launch party. Their hero product Fluffmatte, a matte lipstick, has sold almost three million bullets, with one sold every 30 seconds, propelling them to the best-selling lipstick in the Philippines. Sunnies Face brought Southeast Asian beauty to the forefront of the global beauty scene and they’re finally launching stateside today. Sunnies Face was a natural extension of the lifestyle brand Sunnies Studios and Sunnies Café, eyewear and food businesses, respectively. Sunnies Face was founded by Jessica Wilson, Brand Manager; Martine Ho, Creative Director; and Georgina Wilson, Brand Director. “Whenever we would launch a campaign, everyone would ask what lip color was used on … [Read more...] about Cult-Favorite Filipina Beauty Brand Sunnies Face Lands In The U.S.
As the world’s need for large amounts of portable energy grows at an ever-increasing pace , many innovators have sought to replace current battery technology with something better. advertisement Italian physicist Alessandro Volta tapped into fundamental electrochemical principles when he invented the first battery in 1800. Essentially, the physical joining of two different materials, usually metals, generates a chemical reaction that results in the flow of electrons from one material to the other. That stream of electrons represents portable energy that can be harnessed to generate power . The first materials people employed to make batteries were copper and zinc. Today’s best batteries – those that produce the highest electrical output in the smallest possible size – pair the metal lithium with one of several different metallic compounds. There have been steady improvements over the centuries, but modern batteries rely on the same strategy as that of Volta: … [Read more...] about How electric eels inspired the first battery two centuries ago
Share to Twitter Share to Linkedin 2021 brought rising shipping and oil costs and major supply issues, largely driven by shipping disruption, container shortages, COVID staffing challenges and Brexit red tape. 2022 has brought even more challenges, the devastating war in Ukraine has exacerbated global retail issues as 86% of SMB supply chains have already been or expect to be impacted by the conflict abroad. The resurgence of Omicron in China kick-starting Covid restrictions is also predicted to have a major impact on the supply chain well into the summer . ADVERTISEMENT So the ongoing and ever-changing supply-chain issues are a constant theme for retailers - small businesses are feeling the brunt. Insights from Software Advice’s new Small and Midsize Business Retail Supply Chain Survey show “nine out of ten small and midsize business (SMB) retailers feel that larger companies have an advantage over them in their ability to procure … [Read more...] about Can Small Businesses Adapt Their Supply Chain With Current Challenges?
Calls for the revival of the price stabilization fund for oil have resurfaced in recent months as the successive and hefty fuel price hikes have put a dent in the budget of Filipino consumers, but a government think thank is urging policymakers to stay the course of reforms set in place in the late 1990s. A study released by the Philippine Institute for Development Studies (PIDS), however, said reinstating the Oil Price Stabilization Fund (OPSF) is not the solution to fuel price woes. During the campaign period, presidential candidates Ferdinand Marcos Jr. and Manny Pacquiao proposed reinstating the OPSF should they win in this year’s election to shield the country from the impact of rising fuel costs, mainly driven by Russia’s invasion of Ukraine. The Philippines is a net oil importer. Hence, global developments have a significant impact on pump prices locally. Adoracion Navarro, senior research fellow at the PIDS, said such a move would spell a reversal of the downstream oil … [Read more...] about Gov’t think tank warns against oil deregulation backslide
Boulder County, Colorado announced Thursday that it is banning all gatherings of young adults between the ages of 18-22 for 2 weeks. The order, which went into effect Thursday at 4 p.m., prohibits both indoor and outdoor gatherings and includes a list 36 addresses where residents “have repeatedly violated orders,” NBC reported. Those who violate the order could be fined $5,000 or receive a jail sentence of up to 18 months. “We must take stronger action to stop the spread of this virus in our community,” Boulder County public health director Jeff Zayach said in a news release . “We have researched the actions we can take that would be effective while minimizing the burden on those who have not been the source of increased transmission. We believe this strategy can achieve both goals.” The order applies to all people within the age group regardless of whether they attend the University of Colorado. Under the order, they are allowed to study and exercise if they are alone, and … [Read more...] about Boulder Bans Young Adult Gatherings For Two Weeks