Articles by tag: Prices
Concerts can be quite expensive and many people outside the industry often wonder why the prices are so high. One of the main reasons why concert tickets are so expensive is due to the production costs involved. These costs include the staging, lighting, pyrotechnics and other special effects used to create an immersive and […]
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How Rising Prices will Impact the Economic Forecast for Spring 2023
Global economies are still reeling and the results of that have shown up the year-end reviews of how several markets have performed. Tim Snyder, Economist at Matador Economics, recently discussed a few of these notable changes and his predictions for this spring. His economic forecast: a lot of fluctuation. For example, the energy complex recently started […]
Retail
Ivanhoe Mines Co-Chairman & Co-Founder Robert Friedland on Copper Prices, Greening Supply Chain
Ivanhoe Mines Co-chairman and Co-founder Robert Friedland says the copper market will face disruptions to both demand and supply if prices of the metal get too high. Tune in below to hear Friedland’s thoughts on whether or not copper could be the next shortage in the supply chain. Friedland: We’re waking up to a […]
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The Resurgence of Brick-and-Mortar Stores: One-of-a-kind Shopping Experiences Are Turning Customers into Brand Ambassadors
In the convenient world of e-commerce, big box stores are seeing a resurgence. Chains like Dick’s Sporting Goods, Walmart, and Target are experimenting with one-of-a-kind shopping experiences that can turn casual shoppers into loyal fans. In a recent Experts Talk roundtable, Allen Adamson, Co-Founder at Metaforce, highlighted how one-of-a-kind shopping experiences make for exciting […]
Revolutionize Customer Engagement Through Digital Augmentations in Physical Retail
The digital transformation of retail experiences in physical stores has become crucial as big-box retailers strive to maintain their relevance and competitive edge in a digital era. These retailers are embedding interactive features and digital augmentations in their physical locations to offer unique, engaging customer experiences. This approach merges the tactile allure of in-store […]
Enthusiastic and Trained Employees can Enhance Experiences and Drive Success in Physical Retail
In today’s retail landscape, big-box retailers are emphasizing the importance of their physical locations, even as the digital marketplace continues to expand. Stores like Dick’s Sporting Goods and Walmart are not just maintaining their brick-and-mortar presence but are actively enhancing it with features like interactive elements and new store openings. This reassertion of the […]
The Coexistence of Big Box and Small Retail Relies on Synergistic Relationships
Despite being long time competitors, big box retailers and small local businesses can both coexist in ways that benefit the other. Of course, both retail formats are different but by maintaining their core business models, the two can bank and leverage their strengths and still be open to synergistic relationships. During an episode of […]