Wal-Mart’s History Of Copying Rivals

GettyWalton’s Five and Dime was the predecessor to Wal-Mart. Wal-Mart has a long history of stealing ideas from competitors. In a recent interview, Wal-Mart Stores CEO Doug McMillon said the tradition is part of the retailer’s “DNA.” “I mean going all the way back to [Wal-Mart founder] Sam Walton, we had a part of our DNA that was interested in learning from others,” McMillon told PBS’ Charlie Rose. “Copying good ideas. Don’t be so proud that you can’t implement a good idea.” Source: Wal-Mart Founder: ‘Most Everything I’ve Done I’ve Copied From Someone Else’ | Business Insider India Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

Why Retailers Keep Sending You Catalogs

Why Retailers Keep Sending You Catalogs

Many things made with paper have become relics because of computers and the Internet: the Rolodex, multi-volume encyclopedias, even physical maps. Now take a look in your mailbox or somewhere around your house. There’s a good chance you’ll see a shopping catalog, maybe a few of them now that it’s the holiday season. So why, in the digital age, are they still around? Source: Here’s Why Retailers Keep Sending You Catalogs : NPR Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

A Brief History of Kissing in Movies

A Brief History of Kissing in Movies

Who was your first kiss? Not the actual, physical kiss — that is really none of my business — but a witnessed meeting of two mouths on-screen? Was it the smooching pooches in “The Lady and the Tramp,” their lips serendipitously joined by a strand of spaghetti? Jack and Rose in the boiler room of the Titanic? Jack and Ennis in “Brokeback Mountain”? Cher and Nicolas Cage in “Moonstruck”? Or was it an older, more canonical osculation, from the era when a kiss was as far as an on-screen pair were allowed to go, with or without the benefit of clergy? Bogey and Bergman in “Casablanca”? Bergman and Cary Grant in “Notorious”? Grant and Eva Marie Saint or Grace Kelly or Katharine Hepburn? Source: A Brief History of Kissing in Movies – NYTimes.com Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

The Stimulating History of Coffee

The Stimulating History of Coffee

You don’t speak Turkish. You don’t speak Finnish. You don’t speak Mandarin or Cantonese. None of these languages is remotely related to English. In fact, none of these languages are even in the same language family. Yet you can recognize, within the two quick syllables of kah-vay, ka-vee, and ka-fay, the word you know as coffee. Source: Coffee cognates: Arabic qahwah, Turkish kahve, and other cross-linguistic borrowings that make this word similar around the world. Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

Why Online Shopping Is A Nightmare For Retailers

Why Online Shopping Is A Nightmare For Retailers

Every major retailer is investing heavily in e-commerce and many are closing physical stores as more and more consumers shop online. It might sound like a money-saving move to shift more business online. But due to shipping and packaging costs, as well as higher rates of returns, some retailers end up losing money online – xosts can run as high as 25% of sales for retailers that outsource their e-commerce operations. Source: Why Online Shopping Is A Nightmare For Retailers | Business Insider India Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

How 10 Classic Foods Made Their Way to America

How 10 Classic Foods Made Their Way to America

Where did that popcorn that you cannot do without while watching the movie come from? And that coffee which wakes you up in the morning? Popcorn, chewing gum, potatoes, tomatoes, pretzels, okra, coffee, apples, ice cream, ketchup – things you eat or drink everyday. Find out where these 10 classic foods made their way to America Source: How 10 Classic Foods Made Their Way to America | Mental Floss Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

A brief history of Black Friday

A brief history of Black Friday

The modern use of “Black Friday” didn’t come from: sales records going from red ink (losses) to black ink (profits), a stock market scam in 1869 (that did happen, though), employees calling in sick the day after Thanksgiving to have a four-day weekend, the American slave trade. Thankfully, the truth is far more interesting. The term “Black Friday” originates with Philadelphia traffic police in the mid-20th century – for the day following the Thanksgiving holiday every year when the traffic in downtown (Center City) Philadelphia became almost unmanageable . They called it “Black Friday,” because of the massive traffic jam that they dealt with all day due to shoppers, and then all night due to the Army-Navy football game. Every ‘Black Friday,’ no traffic policeman was permitted to take the day off. The division was placed on 12 tours of duty, and even the police band was ordered to Center City. It was not unusual to see a trombone player directing traffic.” Source: Black Friday: a brief history of madness and discounts Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

The Complete Guide to Drip Campaigns, Lifecycle Emails and More

Often called drip campaigns but known by many other names—drip marketing, automated email campaign, lifecycle emails, autoresponders and marketing automation—the concept is the same: they’re a set of marketing emails that will be sent out automatically on a schedule. Perhaps one email will go out as soon as someone signs up, another will go out 3 days later, with one more going out the next weekend. Or, the emails can be varied based on triggers, or actions the person has performed like signing up for your service or making a purchase, which is why they’re also sometimes called behavioral emails. Source: What is Drip Marketing? The Complete Guide to Drip Campaigns, Lifecycle Emails and More – The Zapier Blog – Zapier Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

How Start-Ups are Changing the Future of Retailers

How Start-Ups are Changing the Future of Retailers

There is a wave a foot in the start-up community with companies developing products that will make it easier for consumers to find the best price for an item. Consumers will even be able to check out where the product is available locally for the best price – all from just standing in front of a retail shelf and looking up the item on their mobile device. This creates a huge problem for retailers. It’s as if every store on the planet is located in the palm of a consumer’s hand. Source: How Start-Ups are Changing the Future of Retailers Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us

Here’s How Online Stores Change Prices Depending on How You Shop

Here’s How Online Stores Change Prices Depending on How You Shop

A team of researchers at Northeastern University recently analyzed how e-commerce sites tailor prices to specific shoppers based on their digital habits and demographics, such as their ZIP code. According to the study, presented last week at the Internet Measurement Conference in Vancouver, major e-commerce sites including Home Depot, Walmart, and Hotels.com list online prices that are all over the map, and in some cases, these prices are “personalized” to the behavior of particular shoppers, including whether they shop on a phone or on a desktop. Source: Online Stores Change Prices Depending on How You Shop. Here’s How | WIRED Rights to all content (text, images, videos etc.) with post source. If you think these are wrongly attributed email us