Description: Chipotle has made expanding and enriching its rewards program, which now counts more than 30 million members, a key focus for the last few years. The Freepotle perk is the latest development from a chain that has made free food items like guacamole and other side dishes an enticement for consumers to increase their… Read more »
Posts Categorized: Part 1 Business in a Global Environment
Used vehicle prices are falling but not enough to offset grossly inflated levels
Description: DETROIT — Used vehicle prices are expected to come down further this year amid rising interest rates and improved availability of new cars and trucks, according to Cox Automotive. Source: CNBC.com – video report Date: Jan 09, 2023 Link: https://www.cnbc.com/2023/01/09/used-vehicle-prices-are-falling-but-not-enough-to-offset-record-highs.html Questions for discussion: Explain the movement in prices in terms of changes to supply and… Read more »
Retail Woes Can Even Catch Up With Lululemon
Description: Lululemon, one of the few brands that has seemed immune to consumer cutbacks, surprised observers by lowering its profit forecast. While fourth-quarter sales have been strong so far, people gravitated toward its sale items, pinching the bottom line. Source: MediaPost.com Date: Jan 10, 2023 Link: https://www.mediapost.com/publications/article/381420/retail-woes-can-even-catch-up-with-lululemon.html?utm_source=newsletter&utm_medium=email&utm_content=headline&utm_campaign=128890&hashid=7T9TCmQZSDGbnu-424RuBQ Questions for discussion: What are the concerns about… Read more »
2022 Executive of the Year: Marc Pritchard
Description: There were more than a handful of worthy candidates considered by MediaPost editors for this year’s Executive of the Year honors. Source: MediaPost.com Date: Jan 08, 2023 Link: https://www.mediapost.com/publications/article/380606/2022-executive-of-the-year-marc-pritchard.html?utm_source=newsletter&utm_medium=email&utm_content=comment&utm_campaign=128856 Questions for discussion: What are some marketing insights posed by Marc Pritchard? Do you agree that there is “no average consumer”? Can marketers always follow… Read more »
How health insurance may have made health care more expensive
Description: Widespread medical debt is a uniquely American problem. Roughly 40% of U.S. adults have at least $250 in medical debt, according to a survey conducted by Kaiser Family Foundation. Source: CNBC.com – video report Date: Jan 08, 2023 Link: https://www.cnbc.com/2023/01/08/how-health-insurance-may-have-made-health-care-more-expensive.html Questions for discussion: What is the explanation presented in this report for higher health care… Read more »
Raphael Bostic says Fed needs to ‘stay the course’ despite lower wage gains
Description: Atlanta Federal Reserve President Raphael Bostic said Friday that December’s jobs report, with its slowdown in wage increases and better-than-expected employment growth, doesn’t change his view on monetary policy. Source: CNBC.com – video report Date: Jan 07, 2023 Link: https://www.cnbc.com/2023/01/06/raphael-bostic-says-fed-needs-to-stay-the-course-despite-lower-wage-gains.html Questions for discussion: What is the relationship between the jobs created and the Fed’s… Read more »
TikTok Expands Safety Features For Teens
Description: To increase safety for teens on its app, TikTok has announced an expansion of its audience controls feature, offering creators the choice to restrict their videos to adult viewers. The adult-only controls feature has been specific to TikTok Live since October, but now it will cover short-form videos as well. Source: MediaPost.com Date: Jan 06,… Read more »
McDonald’s plans reorganization, job cuts as it accelerates restaurant openings
Description: McDonald’s is planning job cuts and a reorganization as the company refocuses its priorities to accelerate restaurant expansion, CEO Chris Kempczinski told employees Friday. Source: CNBC.com Date: Jan 06, 2023 Link: https://www.cnbc.com/2023/01/06/mcdonalds-plans-reorganization-job-cuts.html Questions for discussion: How is McDonald’s reorganizing and what are the reasons given? What do you think about this orientation? What suggestions would… Read more »
Shopify tells employees to eliminate recurring meetings
Description: Yahoo Finance Live anchors discuss Shopify’s new internal meeting policy. Source: Yahoo.Finance.ca – video report Date: Jan 05, 2023 Link: https://finance.yahoo.com/video/shopify-tells-employees-eliminate-recurring-215943131.html Questions for discussion: What does the report say about the changes and the reasons given? How do you think this will affect the firm? Do you think this publicity will influence other firms… Read more »
SPOS #859 – Joshua Gans On The Economics Of Artificial Intelligence
Description: Here it is: Six Pixels of Separation – The ThinkersOne Podcast – Episode #859. How does artificial intelligence affect the structure and dynamics of the global economy? What are the potential benefits and risks associated with artificial intelligence on the future of humanity? Joshua Gans is the co-author of the recently published book, Power and Prediction – The Disruptive… Read more »
