US Treasury Cuts Costs by Axing the Penny: What it Means for Retailers
The penny’s swan song – likely to occur next year – may save millions, but it won’t shake 99-cent psychology in retail pricing.
Tag: Reilly Newman
What Killed Kmart? Key Retail Missteps Led to Demise
Kmart’s downfall, accelerated by poor management and failure to adapt to modern retail trends, ended with the recent closure of its last full-size U.S. store. Experts say there are lessons to be learned from Kmart’s demise.
The Cost of Loyalty – How Trader Joe’s & Costco Do It
So prevalent and all-consuming is the cultural agency of the Costco Kirkland Signature All-Beef Hot Dog that it’s propelling a crypto “memecoin” on the Solana crypto exchange. That is a real sentence. “Hot dogs are in control,” writes one commentator on TikTok. “The buns stay on,” adds @Jan crypto trader in the same thread amid a rising swell of crypto brokers.
Growing Consumer Anxiety Dictating Americans’ Spending
Increasing consumer anxiety plagues Americans as uncertainty about the future looms. From inflation to military conflict and weather disasters, consumers have a lot on their minds at the outset of 2024. Food Technology released its …
Coca-Cola Finds Marketing Success by Sidestepping Controversy
When was the last time you heard “controversy” and “Coca-Cola” in the same sentence? Not in recent months. The venerable company has made a concerted effort to avoid culture wars and political stances while also …