Now going on 140 years in business, Cincinnati-based Kroger sped up its push into digital retailing during the pandemic, and grocery store chain isn’t looking back.Kroger has adopted an omnichannel strategy, integration of offline or in-store sales with online orders and logistics.It’s a concept that originated in China in 2016 when founder Jack Ma of…
Business Trends
A showcase of the latest business trends and what people are talking about on social media as it relates to business
LinkedIn Ran Social Experiments On 20 Million Users Over Five Years
LinkedIn ran experiments on more than 20 million users over five years that, while intended to improve how the platform worked for members, could have affected some people’s livelihoods, according to a new study.In experiments conducted around the world from 2015 to 2019, LinkedIn randomly varied the proportion of weak and strong contacts suggested by…
Alaskans receive over $3,000 in state oil-wealth payment checks
Nearly every single Alaskan got a financial windfall amounting to more than $3,000 Tuesday, the day the state began distributing payments from Alaska’s investment fund that has been seeded with money from the state’s oil riches. The payments, officially called the Permanent Fund Dividend or the PFD locally, amounted to $2,622 — the highest amount…
This is how the Fed’s latest interest-rate hike will affect you
The Federal Reserve on Wednesday said it is once again turning to its most powerful weapon to tamp down the hottest inflation in 40 years: Boosting interest rates. The central bank raised its benchmark interest rate by 0.75 percentage point, marking the fifth hike this year and the third consecutive increase of that size.Higher rates…
This is how the Fed’s latest interest-rate hike will affect you – CBS News
The Federal Reserve on Wednesday said it is once again turning to its most powerful weapon to tamp down the hottest inflation in 40 years: Boosting interest rates. The central bank raised its benchmark interest rate by 0.75 percentage point, marking the fifth hike this year and the third consecutive increase of that size.Higher rates…
As mobilization begins in Russia, sold-out flights, protests and arrests
© Alexander Zemlianichenko/AP Riot police in Moscow detain a demonstrator during a protest of the partial military mobilization ordered Wednesday by President Vladimir Putin.Within hours of President Vladimir Putin’s speech declaring a partial military mobilization on Wednesday, men all over Russia — including some who had tried for months to ignore the messy war in…
Home values plunge in some cities as mortgage rates rise
Some of the largest U.S.cities in the West have seen their home values plunge this summer, a trend that economists say favors house hunters. The typical home value dipped 0.3% nationwide from July to August and 0.1% from June to July, Zillow said in a report this week.It is the largest monthly decrease since 2011.Los…
Why Ecommerce Is the Future of Business
Opinions expressed by Entrepreneur contributors are their own.Ecommerce is a growing force in the modern economy .While the popularity of online shopping was growing prior to 2020, the recent pandemic accelerated that growth exponentially.It is estimated that through 2020-2021, an additional $218.53 billion was added to ecommerce sales just in the United States due to…
Mark Zuckerberg’s net worth has dropped $71 billion this year
The stock market rout of 2022 has reduced the personal worth of plenty of tech billionaires, but none more than Meta CEO Mark Zuckerberg. The founder of the company formerly known as Facebook, Zuckerberg has seen his net worth plummet by nearly $71 billion this year, according to calculations by Bloomberg.Zuckerberg, now 38, has slipped…
New York Attorney General Letitia James sues Trump and The Trump Organization, seeking end to their business in the state and $250 million in relief – CBS News
Alleging a widespread effort to manipulate property valuations by former President Donald Trump, three of his children, and their eponymous company, New York Attorney General Letitia James announced Wednesday her office is suing them, seeking $250 million and an end to their operations in the state. “We are attempting as part of this lawsuit to…