Description: Shoppers bought more clothes and cars, and even returned to beleaguered department stores in September. Source: NPR.org Date: Oct 16, 2020 Link: https://www.npr.org/sections/coronavirus-live-updates/2020/10/16/919330560/shoppers-went-back-to-department-stores-in-september Questions for discussion: Summarize the highlights in this report. What is the overall impression you have of the retail picture and consumer shopping behavior?
Posts Categorized: Part 2 Starting and Growing Your Business
Description: New York (CNN Business)Dollar General (DG), the retail powerhouse known for its rock-bottom prices, is opening a new store aimed at higher-end suburban shoppers. Source: CNN.com Date: Oct 09, 2020 Link: https://www.cnn.com/2020/10/08/business/dollar-general-popshelf-retail-store/index.html Questions for discussion: What distinguishes the new chain from others competing for customers? Do you think the new retail chain can succeed at this… Read more »
Description: Here it is: Six Pixels of Separation – Episode #743 – Host: Mitch Joel. It’s hard to imagine a more recognized business thinker than Gary Hamel. He is, without question, one of the world’s most influential and iconoclastic business thinkers. He has worked with leading companies across the globe, and is a dynamic and sought-after management speaker…. Read more »
Description: Social Media has become inescapable in this day and age — knowing how to correctly use it to control your online reputation is absolutely critical. Source: Entrepreneur.com Date: Oct 02, 2020 Link: https://www.entrepreneur.com/article/356670?utm_source=newsletter&utm_medium=email Questions for discussion: Summarize the advice presented in the report. What do you think about it?
Description: The Canadian Chamber of Commerce has launched a campaign urging the federal government to roll back the excise duty rate on alcohol that is scheduled to increase on April 1. Prime Minister Justin Trudeau’s government introduced the sin tax on beer, wine and spirits in the 2017. It is scheduled to automatically increase each… Read more »
Description: Tesla (TSLA) may not have much of a future in the world’s largest electric vehicle market, if one analyst’s predictions pan out. Morgan Stanley’s (MS) Adam Jonas says that CEO Elon Musk’s high-tech automotive company will likely see sales in China plummet to zero by 2030. Source: Finance.Yahoo.com Date: Oct 02, 2020 Link: https://ca.finance.yahoo.com/news/tesla-will-have-zero-sales-in-china-by-2030-analyst-203938920.html… Read more »
Description: Actress Jessica Alba joins ‘Influencers with Andy Serwer’ to discuss the success of The Honest Company. Source: Finance.Yahoo.com Date: Sep 23, 2020 Link: https://finance.yahoo.com/video/ethical-business-practices-shouldn-t-100000669.html Questions for discussion: What is Jessica Alba’s opinion about ethical business practice and profitability? After researching The Honest Company online, describe how the firm is different from any other consumer… Read more »
Description: Here it is: Six Pixels of Separation – Episode #738 – Host: Mitch Joel. I had heard about Matt Ridley‘s work (The Rational Optimist), but we had not met until last year. I was invited to speak at a CEO summit for Google and their clients in Amsterdam. We had a short interaction, but after watching him present,… Read more »
Description: From employees relocating where they live to retaining top talent, look out for these big changes in the employer-employee dynamic. Source: Entrepreneur.com Date: Sep 18, 2020 Link: https://www.entrepreneur.com/article/356222 Questions for discussion: What are the expectations for change in the workplace, according to the report? Do you agree with is assessment? Do you think there… Read more »
Description: Forget Thanksgiving Day. The start to the holiday shopping season could be October 10, or 10/10/2020, according to Keith Jelinek, managing director in the retail practice at global consultancy Berkeley Research Group. Source: MarketWatch.com Date: Sep 16, 2020 Link: https://www.marketwatch.com/story/the-holiday-shopping-season-could-start-on-10-10-2020-with-retailers-hopeful-that-consumers-will-turn-out-early-11600197849?mod=home-page Questions for discussion: What is the basis for these notions of an earlier start… Read more »