Description: Kanye West, who goes by Ye, is terminating the contract between his company Yeezy and Gap Inc., according to a letter shared by his lawyer. Source: CNBC.com Date: Sep 15, 2022 Link: https://www.cnbc.com/2022/09/15/kanye-west-ye-yeezy-terminates-deal-with-gap-over-alleged-contract-violations.html Questions for discussion: What is the essence of the dispute? Why do you think separate stores were not opened? Do you think… Read more »
Posts Categorized: Part 3 Management: Empowering People to Achieve Business Objectives
Sobeys boss says he’s fed up with ‘reckless and incendiary’ criticisms about grocery profits amid inflation
Description: The head of Canada’s second-largest grocery chain called suggestions the country’s big grocers are exploiting their market power to profit from inflation “reckless” and “incendiary,” and characterized the critics who are making such assertions as lazy “armchair quarterbacks” who know little about the food business. Source: FinancialPost.com Date: Sep 15, 2022 Link: https://financialpost.com/news/retail-marketing/sobeys-boss-says-hes-fed-up-with-reckless-and-incendiary-criticisms-about-grocery-profits-amid-inflation Questions… Read more »
Fred Franzia, creator of ‘Two Buck Chuck’ and champion of affordable wine, has died
Description: Fred Franzia, the man behind the famous “Two Buck Chuck,” died on Tuesday at age 79. Source: NPR.org Date: Sep 15, 2022 Link: https://www.npr.org/2022/09/15/1123070279/fred-franzia-two-buck-chuck-wine-bronco-dies Questions for discussion: What does the article say about the marketing of wine and consumer perception of price, in particular? Do you think $2 wine could sell as well in… Read more »
Peloton co-founders John Foley and Hisao Kushi are leaving the company in a broad executive shakeup
Description: Peloton on Monday announced the resignations of two of the company’s founders and another top executive, marking the end of an era for the struggling fitness-equipment company as CEO Barry McCarthy dramatically reshapes the business. Source: CNBC.com – video report Date: Sep 13, 2022 Link: https://www.cnbc.com/2022/09/12/peloton-co-founders-john-foley-hisao-kushi-are-leaving-company.html Questions for discussion: What has happened at the firm… Read more »
Car value depreciation has ‘defied gravity’ in the past two years: CoPilot CEO
Description: CoPilot Founder and CEO Pat Ryan joins Yahoo Finance Live to discuss the state of the used car market and how prices are shifting back to normal for buyers. Source: YahooFinance.com – video report Date: Sep 07, 2022 Link: https://finance.yahoo.com/video/car-value-depreciation-defied-gravity-210245843.html?.tsrc=fin-srch Questions for discussion: What does the report say about prices and buyer behavior in… Read more »
This 59-year-old’s lucrative side hustle: Earning $16,000 a month selling recycled fire pits on Etsy
Description: With inflation on the rise, Tim Riegel wanted a side project for extra income — so in September 2021, he bought seven $90 propane tank ends off Facebook Marketplace. Source: CNBC.com Date: Sep 09, 2022 Link: https://www.cnbc.com/2022/09/09/tim-riegel-etsy-side-hustle-recycling-propane-tanks-into-fire-pits.html Questions for discussion: What does this article teach you about entrepreneurial thinking and creativity? How does an… Read more »
More Canadians planning to leave their jobs in the next 12 months: StatsCan
Description: The latest jobs data from Statistics Canada shows that more Canadians are planning to leave their jobs in the next 12 months. Source: BNNBloomberg.com – video report Date: Sep 08, 2022 Link: https://www.bnnbloomberg.ca/more-canadians-planning-to-leave-their-jobs-in-the-next-12-months-statscan-1.1816789 Questions for discussion: What does the report say about employment, income growth, and management of employees? What are the implications of these concerns… Read more »
Burger King unveils $400 million plan to revive U.S. sales with investments in renovations and advertising
Description: Burger King on Friday said it plans to spend $400 million over the next two years on advertising and renovating its restaurants as part of a broader strategy to revive lagging U.S. sales. Source: CNBC.com Date: Sep 09, 2022 Link: https://www.cnbc.com/2022/09/09/burger-king-400-million-plan-to-revive-us-sales-with-remodels-advertising.html Questions for discussion: Summarize the highlights for the future. What do you think… Read more »
Why the Housing Market Is Not in Recession
Description: Wharton real estate professor Fernando Ferreira doesn’t believe the U.S. housing market has entered a recession. Source: https://knowledge.wharton.upenn.edu Date: Sep 06, 2022 Link: https://knowledge.wharton.upenn.edu/article/why-the-housing-market-is-not-in-recession/ Questions for discussion: What does the article say is happening in the real estate industry? Why is this industry so important to understanding the economy? How are business decisions affected by changes… Read more »
How ‘quiet quitting’ became the next phase of the Great Resignation
Description: “Quiet quitting” is having a moment. The trend of employees choosing to not go above and beyond their jobs in ways that include refusing to answer emails during evenings or weekends, or skipping extra assignments that fall outside their core duties, is catching on, especially among Gen Zers. Source: CNBC.com – video report Date:… Read more »
