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Forever 21: Too Many Stores, Too Much Debt and Too Few Customers
Forever 21 has filed for Chapter 11 bankruptcy protection and plans to close up to 178 U.S. stores. Ray Wimer is an assistant professor of retail practice at Syracuse University’s Martin J. Whitman School of Management. Wimer says: “The business…
Memorial Service for Matthew Bonham Set for Sunday
Matthew Bonham, professor emeritus of political science in the Maxwell School of Citizenship and Public Affairs, died on Aug. 14. A native of Peoria, Illinois, Bonham earned a bachelor’s degree in political science from Northwestern University and a Ph.D. in…
Sears Is Safe For Now, But Is It Viable Into the Future?
Today a judge granted the sale of Sears’ assets to the company’s biggest shareholder and company chairman, Eddie Lampert. The move will keep 425 stores open and save 45,000 jobs. Ray Wimer is an assistant professor of retail practice at…
Privacy Protection vs. Accurate Advertising – The Battle for Digital Revenue
Apple has pulled the plug on Facebook’s distribution of an app that paid users to track detailed phone and web usage. It’s another sore spot for the social media giant, which has faced growing scrutiny in past months over user…
Amazon Took Microsoft’s Top Spot – Could Other Online Retail Companies Be Next?
This week, Amazon became the world’s most valuable publicly traded U.S. company for the first time, passing tech giant Microsoft which had taken over the top spot in late 2018. Ray Wimer is an assistant professor of retail practice at…
Five Things To Know About January’s Total Lunar Eclipse
This month’s rare total eclipse will be the last one visible from the United States until 2022. Walter Freeman is an assistant teaching professor in the Physics Department at Syracuse University’s College of Arts and Sciences. Freeman answers five questions…
Alarming Arctic Warming Not Likely To Sound Alarm With Federal Policymakers
This week, the National Oceanic and Atmospheric Administration released a report detailing rising temperatures and increased melting in the Arctic Ocean. Ice older than four years now makes up less than one percent of the Arctic ice pack, according to…
Oh Christmas Tree – New Online Options Allow Customers, Suppliers to Branch Out
Article Takeaways: Online Christmas tree sales likely to increase with new options available to consumers Christmas tree prices may fall due to strong economy and abundance of trees Experts are monitoring changes in international trade agreements and how they may…
More States Likely to Embrace Blockchain Technology, Cryptocurrency
This week, Ohio became the first U.S. state to accept bitcoin for tax payments from businesses. Eventually, the payment form will be open to individual filers as well. Could more states follow suit in embracing the cryptocurrency as a legitimate…
Is Cyber Monday Still a Thing? Retail Expert Says Its ‘Uniqueness’ Is Disappearing
According to the National Retail Federation, more than 160 million people are expected to shop over the five-day Thanksgiving weekend, with 71 percent of those consumers planning to hit brick-and-mortar and online retailers on Black Friday. Ray Wimer is an…