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More no-tipping restaurants? Survey reveals new insights
Linchi Kwok Travel, Hospitality & Event ManagementTipping in restaurants has always been the norm in the U.S. It was not until recently that more restaurants adopted a no-tipping policy. Will there be even more no-tipping restaurants in the future? The 2017 American Express Restaurant Trade Survey may give us some clues. Every year, American Express surveys about 500 restaurateurs and 1,000 restaurant consumers, aiming to reveal the facts and highlight the emerging trends in the industry.
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Conquering the last mile: Walmart, Amazon embrace the unusual
Delany Martinez Distribution & WarehousingOne of the largest problems stumping efficiency and profitability experts is arguably the most difficult: getting goods through the gauntlet of the "last mile" — the final leg of a product's transportation journey before it lands with the customer.
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Raising the minimum wage: Where do small business owners stand?
Seth Sandronsky Business Management, Services & Risk ManagementThink all small business owners oppose raising the federal minimum wage of $7.25 in place since 2009? Well, think again. According to a recent poll of more than 700 respondents conducted by BuyBizSell, 47 percent of small business owners favor raising the minimum wage, while 58 percent of prospective small business buyers support a hike.
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Negotiating commercial leases: Meet the landlord
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.
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Lucrative innovation: How tamper-proof design is defining packaging
Delany Martinez ManufacturingWhen even a single damaged or compromised package could put an entire brand's perception at risk, keeping packages safe and sealed has become an important facet of manufacturing in certain sectors. While, say, a flashlight can't carry much liability if its packaging is tampered with, a food or drink item could carry harmful mold or bacteria, and an exposed pharmaceutical item could prove to be life-threatening. That important distinction has led to a number of impressive tamper-evident breakthroughs recently in the packaging sphere.
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Adulting: Millennials find the money struggle is more than real
Julie Bernhard RetailFailure to launch or an economic reality? According to a recent U.S. Census report, millennials are finding their transition into adulthood is not as seamless as their predecessors. The report indicates that not only are more millennials living with parents than spouses, but their incomes are significantly less as well.
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Starbucks unveils new lunch menu to compete with Chipotle, Panera
Katherine Radin Food & BeverageSince their first store opened in 1971, Starbucks has come a long way from being known as "just a coffee shop." As the company has grown at a monumental pace, they have moved beyond their traditional coffee- and tea-based menu offerings in an attempt to stay competitive with other fast food restaurants.
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The biggest insights from tech’s defining report
Emma Fitzpatrick MarketingWhile everyone makes predictions about what this year's trends will be in January, the real test is seeing what actually gains traction. Another tell-tale sign is if the trend is highlighted in influential industry reports.
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J.C. Penney’s future hinges on B2B pivot
Shawn Smajstrla RetailDon't nail J.C. Penney's coffin just yet. The venerable retailer is often mentioned in the same conversation as other retailers thought to be nearing their final breaths, including Sears and Macy's. And it's easy to understand the sentiment.
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Negotiating commercial leases: Location, location, location
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.
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