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Negotiating commercial leases: Keep success quiet
Dale Willerton and Jeff Grandfield RetailFor many commercial tenants, negotiating a good lease or lease renewal against an experienced agent or landlord can be a challenge. While an entrepreneur focuses on marketing and managing, savvy real estate agents and brokers are specialized salespeople. Their job is to sell tenants on leasing their location at the highest possible rental rate. Whether you are leasing a new location for the first time or negotiating a lease renewal for your business, here are two money-saving tips.
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Tariff torment: China’s retaliation on US trade
Delany Martinez ManufacturingThe escalation of tariff tension between the United States and its allies is reaching a fever pitch, with a growing tit-for-tat list on both the Chinese and American sides of a very public disagreement. The Trump administration’s steel tariff mandate — a hefty 25 percent on imported steel — earlier this year appears to be the proverbial spark that landed on a powder keg of inter-country trade issues. Canada became one of the first allies to make its displeasure known, but China wasn't far behind.
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What goes where: Instagram feed vs. Stories
Emma Fitzpatrick MarketingEven though Instagram is technically just one social network, it can feel like a lot more. After all, you now have three different content channels to fill! As a refresher, your brand can post visuals to the Instagram feed, Stories and as of last week, IGTV. Yes, it’s a lot, but it’s absolutely worth it. After all, Instagram just announced it has more 1 billion monthly active users, which officially makes it the second biggest player in the social game.
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Is the sky falling for pharmacist salaries?
Jason Poquette PharmaceuticalThey say what goes up must come down. But for a long time, that hasn’t been true when it comes to pharmacist salaries. Median hourly wages have continued to increase for pharmacists over the past couple decades. But the 2018 Pharmacy Compensation Survey, a few details of which are available for free on the PharmacyWeek blog, shows at least some evidence that pharmacist salaries have hit a ceiling and might be heading downward in the days to come.
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Harley-Davidson move shows the consequences of EU tariffs
Seth Sandronsky ManufacturingTo counter the rise of European Union (EU) tariffs from 6 percent to 31 percent on U.S.-made products, including Harley-Davidson motorcycles, the famed company is shifting some production overseas. "These tariffs, which became effective June 22, 2018, were imposed in response to the tariffs the U.S. imposed on steel and aluminum exported from the EU to the U.S.," Harley-Davidson announced in a filing. In early May, the Trump administration announced the tariffs of foreign-made aluminum and steel to enhance U.S. economic and national security.
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Is the term anti-aging out for good?
Elizabeth Donat RetailSome people in the beauty industry want "anti-aging" to go the way of the dodo. In light of Allure magazine announcing in last year's September issue that it would no longer publish the term anti-aging, it makes me wonder if this will become the new normal for the industry. The magazine stated that aging is a "celebration of growing into your own skin," so we shouldn't see it as a "battle" and something that needs a remedy. But does the term really stand for something negative or is it just a way to clearly state which skin care goals you're after?
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Negotiating commercial leases: Buying a business?
Dale Willerton and Jeff Grandfield RetailFor many commercial tenants, negotiating a good lease or lease renewal against an experienced agent or landlord can be a challenge. While an entrepreneur focuses on marketing and managing, savvy real estate agents and brokers are specialized salespeople. Their job is to sell tenants on leasing their location at the highest possible rental rate. Whether you are leasing a new location for the first time or negotiating a lease renewal for your business, here are two money-saving tips.
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More big brands join the war on plastic
Scott E. Rupp Waste Management & EnvironmentalThe effort against single-use plastic straws has officially become more than a skirmish and is now an all-out war, as several more major brands have decided to do away with them in their businesses. SeaWorld Entertainment, in an effort to protect the environment, has removed all single-use straws and plastic bags from the company’s 12 theme parks. The Orlando-based company made the announcement June 8. SeaWorld, while leading in this effort, is not alone.
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Ikea to ditch single-use plastics by 2020 as part of sustainability push
Tracy Szwec Waste Management & EnvironmentalIkea announced on June 7 that it would phase out all one-time use plastic products from both stores and restaurants by 2020. Not only does this include the products used in the cafe and store, but it means they will not be selling those products on their shelves. You won’t find freezer bags, garbage bags and the like at Ikea anymore. This big announcement is part of a much broader sustainability plan for the Swedish company.
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Beauty products increasingly turn focus to the skin’s microbiome
Cherie Buziak Science & TechnologyA growing area of scientific research in skin health is the skin’s microbiome. For the most part, the beauty industry has been able to easily define new technologies in their personal care products and how they benefit skin at a cosmetic level. However, the skin’s microbiome is a bit more complex, and this ecosystem is still being studied. The findings are proving to be more interesting and intriguing than how cosmetic technologies have been discovered and introduced in the past.
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