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Using multiple entities in your corporate asset protection planning
David B. Mandell and Jason M. O'Dell Business Management, Services & Risk ManagementYou may understand that it is a significant liability risk to put all of a business's "eggs" into one basket. But what's the solution? For your business, it may be as simple as using multiple baskets. In fact, using multiple entities to run a business is quite common in many types of business.
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As coffee prices spike, brands respond with new offerings
Bambi Majumdar Food & BeverageThe beginning of 2014 saw the coffee industry duly warned about an Arabica bean shortage and the impending price rise. In turn, consumers have received subtle hints by leading brands about having to fork out more cash for their favorite beverage, which have come quite true by the middle of the year.
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Nordstrom, Target test Pinterest’s merchandising potential
Bianca Gibson RetailPinterest can be a powerful tool when retailers use customer pins as a way to select the merchandise they carry. Is your store missing the mark on merchandise? Could your e-commerce site use a 70 percent increase in traffic?
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Retail pharmacy and 5 profitability problems
Jason Poquette PharmaceuticalThe news hit me like a ton of bricks: "All EasyCare pharmacies will be closing beginning Aug. 20. All active prescriptions will be transferred to convenient ..." What? Just like that? Yep.
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Why do site selection if you’re not planning to relocate?
Dale Willerton and Jeff Grandfield RetailPrior to negotiating a lease renewal, there is great value in conducting a site selection. Typically, many years have gone by since you last looked at available commercial properties, and it's time to do that again.
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Food industry striving to define ‘beef sustainability’
Bambi Majumdar Food & BeverageAt the onset of 2014, fast food giant McDonald's announced that by 2016 it will purchase verified sustainable beef only. This definitive announcement has taken the food industry by storm, particularly because there is still a lack of awareness and knowledge surrounding beef sustainability.
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As consumer confidence soars, businesses scramble to catch up
Katina Hernandez RetailThe U.S. job market is showing signs of warming as small businesses and high-wage jobs are beginning to hire again. In July, the Consumer Confidence Index reached 90.9, the highest level since October 2007, marking the sixth straight month of job gains this year.
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Emerging food-packaging barrier applications to watch
Don Rosato EngineeringBarrier developments in food packaging are expected to greatly help reduce food waste to better feed a growing world population. Approximately 1.3 billion tons — or one-third of the food produced around the world each year — is lost or wasted on its way from the farm to the fork.
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Industrial production: The state of the union
Stephanie McKenzie ManufacturingWith increased consumer confidence — which translates to increased spending — the demand for industrial production has been seeing steady gains and looks set to continue to do so for quite some time. All signs are pointing to a continuing rise in industrial production as the economy rebounds.
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3 leadership tips for performance coaching
Greg Witz Business Management, Services & Risk ManagementThe business world is changing. Team members are not looking for bosses, but leaders. This holds particularly true for millennials, who want to be coached in the workplace. The challenge is that many leaders are not equipped with the tools to effectively coach their teams and team members for maximum performance.
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