In 1980, a California man named John E. Fox opened a wine store near San Francisco called Premier Cru. More than a decade later, when the business was struggling financially, Fox devised a way to make a lot of money—all at his customers’ expense.
What transpired on and off during…
CATONSVILLE, MD, December 19, 2016 – With travelers spending more than $278 billion on accommodations in the U.S. last year, hotel chains that explore creative new ways to engage customers have the potential to significantly increase their profits. Standby upgrade programs are an innovative way for hotels to increase…
The number of companies using ‘creative accounting techniques’ can be expected to increase in Republican-governed states and decrease in Democrat-governed states when Donald Trump becomes US President tomorrow, according to new research from the University of Bath.
Widely seen in recent accounting scandals, companies under pressure from analysts and investors…
The global military and government is projected to grow to USD 13.9 billion by 2020, at a CAGR of 8,4% from 2016 to 2020, where medium-lift type helicopters are dominant in terms of systems delivered and in terms of value. After 2020, the value of helicopters in these sectors…
It seems, with some years of delay, little by little but without pause, some of the prophecies that were made with the emergence of Internet in the dotcom bubble are fulfilled.
If what happens in the US usually marks the way of what happens to other businesses in other parts of the world a few years later (remember what happened to the print media), if your business has something to do with retail , What is happening today in the US should be a notice to mariners.
For that we can look at what is happening in New York right now, just besides at a time of good economic cycle. We are talking about the “premium” city par excellence worldwide, a city where you can find everything because everything is sold and it has always been an oasis for retail, and where there is no great retail company that values itself that does not have in the city a flag store.
In the following chart you have the percentage of real estate spaces dedicated to retail stores that are empty on 5th Avenue. We talk about the 5th Avenue of NY, the most premium street in the most premium city in the…