Tom Crowder spent much of his two-year career in the NFL running away from men who weighed upwards of 300 pounds. These days? He worries about bears and snakes. As a senior vice president at Bank of America Corp., Crowder spends most days in the woods, from the evergreen forests of New England to the wetlands of the Carolinas, scouting U.S. timberland assets for people with a net worth of at least $100 million and a minimum of $10 million to invest.
Continue reading “Wealthy Families Are Adding Forests to Their Portfolios”
“Shanghai Gold will change the current gold market with its ‘consumed in the East but priced in the West’ arrangement. When China has the right to speak in the international gold market, the true price of gold will be revealed.” – Xu Luode, Chairman, Shanghai Gold Exchange, 15 May 2014
Continue reading “Gold Will Break Free of US Manipulation…”
Maybe American kids will only have to live through one Christmas without Toys “R” Us.
About a year after shuttering U.S. operations, the remnant of the defunct toy chain is set to return this holiday season by opening about a half dozen U.S. stores and an e-commerce site, according to people familiar with the matter.
Continue reading “The Workers? Toys ‘R’ Us, Back From the Dead, Will Open U.S. Stores in 2019”
Poor governance and privacy concerns have knocked Facebook out of an influential ethics index that tracks socially responsible companies.
Continue reading “Facebook removed from S&P list of ethical companies after data scandals”
Chick-fil-A has whipped past rivals to become the third-largest restaurant chain in the US.
The chicken chain’s massive growth in 2018 moved it into the No. 3 spot on the ranking of the largest restaurant chains in the US, with $10.46 billion in American systemwide sales, according to Nation’s Restaurant News analysis published Monday.
Continue reading “Chick-fil-A is now the 3rd-largest restaurant chain in America…”
There are over 15,000 Dollar General stores in the US and by the end of 2020, just over half of these will offer FedEx drop-off and collection services.
This new partnership, which was announced on Monday, is mutually beneficial. It enables FedEx to offer convenient services to a broader range of shoppers (thanks to Dollar General’s giant store base) and gives these customers another reason to visit a Dollar General store. The hope is that by offering more services customers become more loyal, use the store more frequently, and spend money on other things when they’re there.
Continue reading “Dollar General is rolling out FedEx drop-off and collection services at thousands of its stores to help it take on Walmart”
Walmart is using computer vision technology to monitor checkouts and deter potential theft in more than 1,000 stores, the company confirmed to Business Insider.
The surveillance program, which Walmart refers to internally as Missed Scan Detection, uses cameras to help identify checkout scanning errors and failures.
Continue reading “Walmart reveals it’s tracking checkout theft with AI-powered cameras in 1,000 stores”
Stocks rallied on Thursday, led by strong gains in tech and energy shares, as Wall Street cheered the possibility that the Federal Reserve will cut interest rates next month.
The S&P 500 surged 1% to 2,954.18, a record close. The broad index also hit an intraday record of 2,958.06. The Dow Jones Industrial Average closed 249.17 points higher at 26,753.17. The Nasdaq Composite gained 0.8% to end the day at 8,051.34.
Continue reading “S&P 500 closes at new record…”
Cook County Clerk Karen Yarbrough today released her final calculations on new property tax bills that are about to go in the mail.
Continue reading “CHICAGO: If you live in these areas, your property taxes are about to soar”
Information like whether a consumer capitalizes their email address in online forms, when they purchase products on e-commerce sites Opens a New Window. and what device Opens a New Window. is used to browse the web can inform how likely they are to default on a loan Opens a New Window. , according to a new study.
Continue reading “Credit scores can be predicted by your online behavior, study claims”
After helping drive local shopping malls toward collapse, Amazon is coming back to finish the job: turning them into warehouses.
That’s according to scores of reports in recent years, including one early this month published in the Wall Street Journal, discussing how Amazon keeps on turning old malls into fulfillment centers in Northeast Ohio.
Continue reading “Amazon Turns Shopping Malls Into Warehouses, Changing America’s Community Landscape”
Have you ever searched for a product online in the morning and gone back to look at it again in the evening only to find the price has changed? In which case you may have been subject to the retailer’s pricing algorithm.
Traditionally when deciding the price of a product, marketers consider its value to the buyer and how much similar products cost, and establish if potential buyers are sensitive to changes in price. But in today’s technologically driven marketplace, things have changed. Pricing algorithms are most often conducting these activities and setting the price of products within the digital environment. What’s more, these algorithms may effectively be colluding in a way that’s bad for consumers.
Continue reading “Algorithms are maximising profits for online retailers by colluding to keep prices high”
Despite success in its men’s business, including a goal to double revenues in the men’s business by 2023, Lululemon seems to be backing down from pursuing standalone men’s concepts.
A company spokesperson pointed to Lululemon’s test-and-learn mentality with regards to the concept, saying the retailer believes having men’s and women’s co-located, rather than independent, will help to drive growth in the men’s business.
Continue reading “Lululemon shutters men’s only stores”