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Omnichannel: The new buzzword for grocery retail
Bambi Majumdar Food & BeverageThe retail landscape for food and beverage has been shifting for decades now. The neighborhood grocery store is no longer the inevitable stop for groceries anymore, rather a quick-stop option for staples on the way home for most shoppers. Their command over customer loyalty has dwindled significantly too, not just because there are so many stores to choose from but also because the way people shop has changed dramatically.
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3 business-saving strategies from JCPenney CEO Marvin Ellison
Danielle Manley RetailThe Great Recession is over, but that doesn't mean everything is back to the way it was before 2008. For retailers, this statement couldn't be more accurate. Customers' wants and needs have changed. Technology has changed. The whole retail industry has changed. Retailers who were successful before the Great Recession cannot "go back to the way things were" and expect to be successful again.
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Companies benefit from the work hard, play hard mentality
Jessica Taylor Business Management, Services & Risk ManagementNo matter what workforce you're a part of, most organizations are too large for you to know each and every one of your co-workers — especially if you don't interact with them on a daily basis. However, that's all changing in today's workforce.
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‘Help Wanted’ signs appear again as economy grows
Paul Zukowski RetailThe golden arches marquee at the 24-hour McDonald's in my neighborhood, which customarily touts Big Macs or bigger drinks, now says "Hiring All Shifts." In busy retail areas across town, scarcely a storefront doesn't have a similar message.
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Crafting a great marketing text message
Bob Bentz MarketingIn the 21st century, a phenomenon occurred in the United States and the world. A mobile phone began appearing in nearly every pocket and every purse of every person old enough to own one. Never before in the history of technology had one device become the centerpiece of our lives.
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Metals Thoughts: Terror in Brussels
Brad Yates Natural ResourcesMarkets and security forces are on high alert this morning in the wake of the terror attacks in Brussels that have left at least 25 dead and 50-plus injured. There is a slight flight to safe assets, but the net effect seems to be somewhat muted as we are sadly growing used to these sorts of headlines on an all-too-frequent basis.
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Understanding the significance of signage
Dale Willerton and Jeff Grandfield RetailEntrepreneurs can't just open a location and expect customers to beat a path to their door. Those customers need to be able to find them. One of the easiest methods to ensure your business is conspicuous is by means of signage. While you may envision a large sign prominently identifying your place of business, don't assume your landlord will agree. Commercial landlords may, in fact, prefer to decrease your amount of signage and will often reject tenant requests for more or larger signage.
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6 ways to keep millennial employees happy
Kelly Sharp Business Management, Services & Risk ManagementIn first half of this article, we learned that millennials are expected to overload the workforce in a few short years. Once millennial employees get started, their creative and technological skills will be an asset to any company. But unlike past generations, millennials expect more in return than just a 401(k) plan. Today, a company must nurture the skills of their millennial employees to keep them on.
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What’s the right way to handle political speech at work?
D. Albert Brannen Business Management, Services & Risk ManagementWith the primaries under way and the November elections looming, everyone seems to have strong opinions about the candidates and issues. Inevitably, these opinions may come up during conversations at work where they can be disruptive and interfere with productivity. Such conversations also can expose employers and employees to legal risks if they do not fully understand the laws that govern political speech at work.
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Mediocrity kills: How to hire — and keep — only the best workers
Mel Kleiman Business Management, Services & Risk ManagementThe obstacle that all too often keeps any organization from being its best is the willingness to tolerate mediocre performers. Let's face it, dishonest, unreliable troublemakers are seldom the reason businesses fail to excel — those folks get fired quickly. What really keeps success an arm's length away are the mediocre players.
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