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New Study Provides Insights Into How Retailers Have Responded to COVID-19

The study by WMG, University of Warwick and Blue Yonder examines how retailers have responded to the COVID-19 pandemic to ensure their survival The report highlights many points, particularly the need for human intervention as existing processes couldn’t keep up with changes in the markets Going forward future systems will need to be more robust...

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How Pandemics Past and Present Fuel the Rise of Mega-Corporations

In June 1348, people in England began reporting mysterious symptoms. They started off as mild and vague: headaches, aches, and nausea. This was followed by painful black lumps, or buboes, growing in the armpits and groin, which gave the disease its name: bubonic plague. The last stage was a high fever, and then death. Originating...

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Fishers Livelihood Measured by More Than Catch

Fishing for a living can seem so Zen – a time to be in the moment, just the fisher, the boat, the water. Yet scientists are throwing a bit of shade on that perception, showing all the arrangements before and after the fish takes the bait – including the bait itself, in fact – must...

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‘Bursty’ Email Communication Helps Groups Convert Resources into Results

Many organizations arrange employees into groups, and research has recognized the importance of groups having access to resources (e.g., labor, knowledge, raw materials, technology, financial capital), as well as how they use those resources to ensure optimal performance. These studies have shown that groups with the same resources vary in how they use what is...

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New Research Finds Cost Transparency Can Increase Sales 20%

Cost transparency boosts sales when voluntarily instated by a business, as opposed to involuntarily. (Required by law) Increased trust enhances consumers’ willingness to purchase from businesses. Cost transparency is associated with a 21% increase in the probability of purchasing an item. Businesses don’t typically disclose information to consumers on how much it costs to produce...

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How Much Does It Cost California Cannabis Growers to Safety Test?

The high cost of testing cannabis in California leads to higher prices for the consumer, which could drive consumers to unlicensed markets. A new study from researchers at the University of California, Davis, finds the safety tests cost growers about 10 percent of the average wholesale price of legal cannabis. The biggest share of this expense comes...

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Achievement Requires Passion and Grit

To achieve your goals you need passion, grit and a positive mindset – or expressed another way, the belief that you’ll succeed if you just keep at it. But what’s the connection between these factors, and what’s the most important one? That, it turns out, depends on who you are. A recent study has investigated...

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After COVID-19, When Will Las Vegas’ Tourists Return?

From 2007 to 2009, the Great Recession affected Las Vegas more than anywhere else in the United States. The Las Vegas’s economy will, once again, be dealt a difficult hand as a result of the COVID-19 global pandemic, according to Stephen M. Miller, director of the Center for Business and Economic Research (CBER) and economics professor at...

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New Economic Model May Prevent Stops of Capital Flow

The sudden stop of capital flow of a country means, according to experts, a bottleneck to its foreign finance, that is to say, the bankruptcy of the country, as it leads to the contraction of international capital flows and the purchase and sale of foreign assets. Early detection -which is key to the adequacy of...

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Retail Workers ‘Heroes’ in Pandemic, but Need Healthcare

The coronavirus pandemic is putting significant pressure on some retailers to expand their workforce and adapt to growing demands for essential goods, such as pharmacy products, food, and take out dining. Companies like Walmart, CVS and Amazon, have all announced plans to hire tens, sometimes hundreds of thousands of new employees. Patricia Campos-Medina, is co-director...