If there is any company that can be said to be on the cutting edge of retail, it’s Apple. Yes, the Most Profitable Company in the World has come to be one of the most admired names in business not only because of its …
Retail
Future of Retail: Companies That Profit By Investing in Employees
Ideally, a capitalist economy is constantly becoming more efficient. The benefits of that newly gained efficiency, however, are not always uniformly distributed. Sometimes it goes to business owners in the form of higher prices, …
Wal-Mart PR Rep Poses as Reporter to Infiltrate Union Meeting
A Wal-Mart public relations associate entered a closed pro-labor group’s press conference claiming to be a reporter.
Why the eBay of Russia Is Based in … Skokie, Ill.?
JCPenney Is Already Going Back to the Discounting Well
The ground-breaking retail makeover of JCPenney engineered by former Apple Store executive Ron Johnson has been rooted in the concept of everyday low prices. Instead of inflating original prices that’ll inevitably be drastically …
Are We Witnessing the Death of the Big-Box Store?
Best Buy released its first-quarter 2012 earnings this week, and though the numbers beat Wall Street expectations, net income took a tumble — falling 25%, compared with last year. And more than just poor earnings have plagued …
Etsy Seeks Scale Without Losing Its ‘Street Fair’ Aesthetic
A hand-embroidered cocktail dress with a flouncy tulle skirt the color of a pink Necco wafer for $64; a 1967 auto repair manual with authentic grease smudges and coffee stains for $28; a spoon rest fashioned out of a melted and …
Annual Berkshire Meeting To Be Coming Out Party for a Fleet-Footed Running Shoe Company
On Saturday May 5, more than 30,000 Berkshire Hathaway shareholders are expected to file into the CenturyLink Center in downtown Omaha to soak in wisdom from its legendary CEO, Warren Buffett, and wander through an exhibit hall …
Walmart’s Discounted Ethics
Walmart became the world’s largest retailer by offering “everyday low prices” around the globe. Apparently, though, Walmart was offering something else too. The company has been plunged into a major scandal since a New York Times investigation revealed that Walmart’s Mexico subsidiary paid $24 million in bribes to local officials to …
How Big a Deal Is Walmart’s Mexico Bribery Scandal?
The Mexican bribery scandal engulfing Walmart rattled investors on Monday, sending shares of the company down nearly 5% and those of its Mexican subsidiary down over 10%. The key question now is how much damage the scandal will …
The Top Ten Fastest-Growing Industries in America
From Hollywood Actress to Toy Store CEO
Five years ago, Kellie Martin, the actress famous for playing Becca Thacher on the early ‘90s TV series “Life Goes On” and later for her roles on “ER” and “Grey’s Anatomy,” was doing a photo shoot for PEOPLE …