Articles by author: Justin Honore
It’s no secret that airlines experienced drastic revenue loss from the pandemic. Airlines lost 126.4 billion dollars in 2020, and The International Air Transport Association predicted they will still lose 47.7 billion dollars in 2021. However, this decrease in revenue loss means airlines are making up ground. As travel ramps up, people will see shifts […]
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Retail
Toy Supply Chain Keeps Retailers Out in the Cold This Christmas
The holidays are a time of year for gathering with loved ones and giving gifts — but for 2021 specifically, Santa has a serious toy shortage and supply chain issue. With 75% of U.S. consumers planning to buy toys, apparel and gift cards, consumers are preparing for the worst, expecting that toys will be the […]
Articles
Average Drive-Thru Wait Times Surpass 6 Minutes. Should QSRs Look to New Conveniences?
With consumer expectations of near “instant gratification” increasing thanks to companies like Amazon, quick service restaurants (QSR) are thinking of ways to keep up with and satisfy the trend. Kentucky Fried Chicken (KFC) has this challenge at the forefront of their operations and are testing options to decrease drive-thru wait times. Currently, drive-thru wait times […]
Sports & Entertainment
Why Stadium Naming Rights are a Brand’s Winning Ticket for Building Revenue, Community
As revenue flows in for professionals sports, for the team owners and decision makers in the industry, sports is getting equally more expensive. Just look at the lucrative salary cap increases across major sports due to an increase in earned revenue. Most recently, the NFL announced that they plan to raise their salary cap to […]
Sciences
How Basic Chemicals are Being Impacted in the Supply Chain
Key Points: Supply Chain Issues are causing disruptions to the chemical industry. Ethylene, PVC, and epoxy resins are seeing price surges to the disruptions. The big players figured out how to deal with disruptions in the supply chain. Commentary: Disruptions in the supply chain are causing problems across every industry. Basic chemicals, such as […]
Energy
Are Oil and Gas Companies Leveraging ESG Strategies Enough?
Key Points: Oil and gas companies are starting to center ESG strategies. They are using these strategies for future investments. There has been a lot of effort from companies to embrace sustainability. Commentary: It is no mystery that the world is trying to become more green in its energy usage. Oil and gas companies […]
Food & Beverage
Making Adjustments for Chicken Wing Shortage
Key Points: The chicken wing shortage has impacted all kinds of restaurants. Some have pivoted to using other protein sources, but not chicken-only restaurants. Wing It On is loosening up “tightness of spec” to adapt to the shortage. Commentary: The chicken wing shortage has certainly impacted all types of restaurants that sell the popular […]