Markets

Why millennials love Gucci

Millennials are spending money on Gucci's flashiest styles. Along with the resurgence of the '90s, brand logos are back and millennials are loving it.
Why millennials love Gucci
News

How to broaden your business’ reach and sell across multiple channels

Showfields, a retail store and art gallery in New York City, uses multiple sales channels to cater to its customers, including a mobile app, contactless payment, virtual store tours, and video shows. The store is just one example of companies that are finding new ways to satisfy drastically shifting consumer […]
How to broaden your business’ reach and sell across multiple channels
Markets

Billionaire Chamath Palihapitiya says big companies shouldn’t receive a ‘single extra dollar’ of stimulus and Congress should pay ordinary Americans instead

Billionaire investor Chamath Palihapitiya said large corporations should not receive a “single extra dollar” of stimulus and Congress should prioritise putting money in Americans’ pockets instead. At the CNBC Institutional Investor Delivering Alpha conference Palihapitiya criticised the “idiotic forms of capital allocation” of big companies. He said the only way […]
Billionaire Chamath Palihapitiya says big companies shouldn’t receive a ‘single extra dollar’ of stimulus and Congress should pay ordinary Americans instead
News

Why toilet-paper demand spiked 845%, and how companies kept up with it

A run on toilet paper left shelves empty across the US. A consumer behaviour expert unpacks why the coronavirus drove people to panic buy. But it wasn’t just hoarders who were to blame for the shortage — an industry divided into manufacturing consumer and commercial toilet paper, with little opportunity […]
Why toilet-paper demand spiked 845%, and how companies kept up with it
News

Food economists say changing consumer habits and potential coronavirus outbreaks in processing plants may affect food supplies. Here are the foods you might see less of in grocery stores.

The coronavirus pandemic has and will continue to disrupt food supply chains as workers across the industry face potential infection. Miguel Gomez, professor of agricultural economics at Cornell University, and Carolyn Dimitri, associate professor of nutrition and food studies at NYU, identified ways food supply chains may be affected. Foods […]
Food economists say changing consumer habits and potential coronavirus outbreaks in processing plants may affect food supplies. Here are the foods you might see less of in grocery stores.
News

I shopped at Forum, a ‘smart’ store that tracks customers’ every move, and I’m convinced the technology it uses will transform retail

As online shopping and Instagram continue to transform the way Americans shop, the role of physical retail spaces is changing. B8ta, an experiential retail platform that previously focused on electronics, opened its first apparel and lifestyle “smart” store, Forum, in Los Angeles. I visited Forum and saw how its display […]
I shopped at Forum, a ‘smart’ store that tracks customers’ every move, and I’m convinced the technology it uses will transform retail
News

A psychologist explains how Trader Joe’s gets you to spend more money

Trader Joe’s has a cult-like following, thanks to the way the company seems to make grocery shopping easier. Data science professionals have ranked Trader Joe’s number one in customer preference for two years running. In 2017, Trader Joe’s made $US13.3 billion, yet the brand has no online store, no loyalty […]
A psychologist explains how Trader Joe’s gets you to spend more money