Category Archives: Business

Technology: ‘How Covid Is Boosting Innovation’

Covid-19 has accelerated the adoption of technologies and pushed the world faster into the future. As businesses and organisations look towards the post-pandemic era, what lessons can be learned about innovation?

Read more here: https://econ.st/3t6T7yM

Chapters 00:00​ – How has covid-19 boosted innovation? 01:20​ – Drone deliveries 04:20​ – How crises lead to innovation 06:47​ – How restaurants have innovated 09:29​ – Inequality between companies 10:48​ – Some start-ups have thrived 12:57​ – Working from home 14:15​ – E-learning: benefits and challenges

Analysis: ‘Why Tire Prices Are Rising’ (CNBC Video)

Along with the pandemic, big tire brands are facing unique challenges. While trends have increasingly shifted online due to Covid, the tire market has been more hesitant to growing its e-commerce presence. Trade tariffs and the growing popularity of SUV’s and electric vehicles are also driving up the price of tires, posing an issue with attracting focus-savings consumers. Existing in a competitive market, many of the world’s biggest tire brands are focused on standing out to customers.

Analysis: What Makes ‘Costco’ So Successful

Costco is one of the biggest and most successful retailers in the country. In this video, WSJ’s Sarah Nassauer dissects the wholesaler’s unique approach to doing business. Photo: Qian Weizhong/ZUMA Press

The Economy: How A $15 Minimum Wage Effects It

Biden has identified raising the minimum wage as a key goal of his administration, but economists and lawmakers disagree on the potential impact. WSJ asked two economists and a minimum-wage worker what the costs and benefits of a $15 minimum wage might be. Photo: Bill Clark/Congressional Quarterly/Zuma Press

Analysis: Rise Of 7-Eleven Convenience Stores

7-Eleven, home of the 64-ounce Double Gulp and the Pina Colada Slurpee, has helped revolutionize the way we shop at convenience stores. In March 2019, the 90-year-old brand launched its first Evolution Store. Featuring fresh food options and specialty alcohol, the new store concept is aimed at a new generation of consumers. And with consumer behavior changing due to Covid-19, the convenience store industry could be on the verge of a profound change.

Business Profiles: ‘Ben & Jerry’s Ice Cream’ Co-Founder Jerry Greenfield

Ben & Jerry’s co-founder Jerry Greenfield helped grow a tiny neighborhood ice cream shop into a global megabrand, diving head-first into many controversial issues along the way.

Ben & Jerry’s Homemade Holdings Inc, trading and commonly known as Ben & Jerry’s, is a Vermont company that manufactures ice cream, frozen yogurt, and sorbet. It was founded in 1978 in Burlington, Vermont, and sold in 2000 to British conglomerate Unilever.

Inside Views: ‘The Money Behind Professional Poker Players’ (Video)

Poker is a game of extreme variance. Professional poker players can go stretches without winning or placing at a level that earns any cash. The wins, however, can make up for the droughts with players earning thousands to millions of dollars depending on the game or tournament entered. Considering poker is an inconsistent sport, players look to offset the risk involved. This is done through staking, where an “investor” will pay a player’s way through tournaments for a piece of the action.

Analysis: Can ‘Restoration Hardware – RH’ Become A Global Luxury Brand?

COVID-19 has dealt a harsh blow to countless retailers, many of which were already struggling. However, RH, formerly Restoration Hardware, is doing rather well. The company’s stock price had cratered in March 2020 and struggled in early April, as forced lockdowns endangered retail. But by December 2020, shares had rebounded and risen more than 110 percent since the beginning of the year. RH is now ambitiously trying to turn it into a global luxury brand providing an array of services.

Media Streaming: ‘How Disney+ Quickly Became A Top-Tier Player’ (WSJ)

The launch of Disney+ has brought a bit of magic to a company whose stock had taken a nosedive after the coronavirus shut down theme parks and movie theaters. WSJ explains how Disney’s streaming platform has become a top competitor in an already crowded field. Photo illustration: Jacob Reynolds/WSJ

Business Analysis: ‘Work From Home’ & The Rise Of Williams Sonoma (Video)

In the midst of the pandemic, Williams-Sonoma has stood out as a company, its stock price reaching a new all-time high in January 2021, despite many businesses declining. Paired with its strength in e-commerce, the company’s ongoing success is due in large part to consumers staying at home more than ever before. Still, the company faces potential headwinds as the shift to online shopping impacts home furnishing sales and rivals like online furniture retailer Wayfair increase their market share. As a retailer known for its brick-and-mortar locations, can the brand keep up its success?