Sales & Marketing news

• What a $1 million home looks like in 25 major American cities

  12-07-2018 21:58 via feedproxy.google.com
  Million-dollar listings have become commonplace in the US real estate market.
  But when you compare the cost-per-square-foot for million-dollar listings across the country, you'll find very different results.
  In Tampa, Florida, $1 million will fetch more than 5,000 square feet, while the same priced home in New York City buys less than 900 square feet.
   
  Million-dollar listings once heralded true luxury for Americans who could afford it, but now more than 4% of all homes across the 100
  
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• Trump's trade war with China is about to start hitting your wallet

  12-07-2018 20:50 via feedproxy.google.com
  President Donald Trump's latest threat in the US-China trade war could harm US consumers.
  The proposed list of goods that could be subject to a 10% tariff includes many consumer products.
  This would cause an immediate price increase on those goods for US consumers.
  President Donald Trump's escalating trade war with China could very quickly get very real for millions of Americans.
  Trump's tariffs on Chinese goods have so far mostly spared US consumers, focusing instead on industrial materials suc
  
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• Clothing, cellphones, computers: Here's what another round of Trump's tariffs against China could include

  12-07-2018 20:49 via feedproxy.google.com
  The Trump administration said it's preparing tariffs on $200 billion worth of Chinese goods.
  President Donald Trump warned another round of the same scale would be possible if China retaliates.
  Analysts say that would likely hit cellphones, clothing, shoes, toys, and computers. 
  President Donald Trump announced Tuesday that tariffs on another $200 billion worth of Chinese goods are in the works, earlier warning an additional $200 billion could be targeted if Beijing retaliated on such
  
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• Build-A-Bear is a 'victim of its own success' as 'Pay Your Age Day' ends in chaos (BBW)

  12-07-2018 20:38 via feedproxy.google.com
  Build-A-Bear was forced to end its "Pay Your Age Day" deal early on Thursday due to safety concerns, after stores were unable to deal with the huge volume of customers who showed up to partake.
  The retailer's reputation could take a major hit, one analyst wrote, due to disappointed children and parents who are angry to have visited the mall only to be turned away."With much higher than anticipated demand for its 'pay your age day' promotion, Build-A-Bear has become a victim of its own success,"
  
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• Analyst warns it's 'game over' for Victoria's Secret (LB)

  12-07-2018 20:37 via feedproxy.google.com
  Victoria's Secret saw same-store sales slip in June.Jefferies analyst Randal Konik says the weak sales are reflective of more struggles to come at Victoria's Secret parent L Brands. 
  L Brands shares were down more than 11% on Thursday. 
  Watch L Brands trade in real time here. 
  The struggles keep coming for L Brands and its Victoria's Secret brand. 
  Victoria's Secret comparable sales fell 1% in June, and store-only comparables fell 6%. Those numbers were at leas
  
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• Tesla slides as an unwinding tax credit means more expensive cars for customers (TSLA)

  12-07-2018 19:48 via feedproxy.google.com
  A tax credit worth $7,500 for Tesla customers will end next year, the company confirmed Thursday. 
  Shares of the company sank 1.6% in trading following the news.
  Also on Thursday, employees told Bloomberg Businessweek they were forced to walk through raw sewage on the factory floor. 
  Follow Tesla's stock price in real-time here. 
  Shares of Tesla were down 1.7% in trading Thursday after it confirmed a lucrative tax credit will end next year, making its electric cars more expensive
  
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• Alphabet’s ‘graduation’ party for Loon and Wing is really a sign of a fundamental flaw in Google’s new structure (GOOG, GOOGL)

  12-07-2018 19:28 via feedproxy.google.com
  Alphabet announced that Wing and Loon, two projects developed by its X research lab, have now graduated to being full businesses in its "other bets" category.
  The move means the company thinks their technical problems are solved and it's time for them to develop as businesses.
  That's potentially good news for investors, but it's hard to know just what to make of it.
  Collectively, Alphabet's other bets have been losing billions of dollars each year and dragging down the company's earnings.
  But be
  
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• The first all-electric Jaguar I-PACE SUVs in the US are now part of Waymo's test fleet (GOOGL)

  12-07-2018 18:49 via feedproxy.google.com
  The first three Jaguar I-PACE vehicles to hit the roads in the US have arrived in Waymo's Bay Area fleet.
  The Jaguar I-PACEs will be used for testing, prior to the all-electric vehicle being outfitted with Waymo's self-driving technology and launched in a ride-hailing service in 2020.
  Waymo expects 20,000 I-PACEs to join its fleet.Jaguar is in the process of rolling out its I-PACE all-electric vehicle, with cars slated to start arriving at dealerships later this year. Prospective owners can alre
  
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• Meet the brand with more retail locations than Subway, Starbucks and McDonald’s combined

  12-07-2018 18:06
  It should be hard to escape the Western Union brand. With more than half a million retail locations all over the world – more than Subway, Starbucks and McDonald’s combined – it is the largest money transfer and global payments company in the world, facilitating payments ranging from transfers between family members to servicing major NGOs.
  Across its business, 32 cross-border transactions were made every second last year in 130 currencies, helping it to generate revenue of $5
  
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• Here's how much more the typical baby boomer makes than the typical millennial in every US state

  12-07-2018 17:59 via feedproxy.google.com
  Older workers in the US tend to make more money than younger workers, but the extent of the income gap between generations varies among states.
  Using Census Bureau data, Business Insider found out how much more baby boomers earned than millennials in each state.
  The gap between baby boomer and millennial income is biggest in Alaska and smallest in Washington, DC.
  Older workers tend to make more money than younger workers.
  Business Insider recently analyzed individual-level data from the US Censu
  
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• Oil slides below $70 as a dispute over Libya's ports ends

  12-07-2018 17:47 via feedproxy.google.com
  Oil prices fell below $70 on Thursday.
  Four previously closed Libyan oil ports reopened.
  Follow oil prices in real time here.
  Oil prices slipped below $70 on Thursday as markets eyed a potential comeback for output in Libya, where armed clashes near eastern ports have posed major supply disruptions in recent months. 
  West Texas Intermediate crude, the US benchmark, fell 2% to $69.20 around 11:30 a.m. ET. Brent, the international benchmark, shed 1% to $73.32. Crude had its largest one day dr
  
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• Amazon rises to an all-time high (AMZN)

  12-07-2018 17:35 via feedproxy.google.com
  Amazon's stock price hit a new high on Thursday. 
  It hit its previous high in early June. 
  Amazon recently bought PillPack, an online pharmacy, in the latest example of how the tech behemoth flexes its muscles to disrupt different industries. 
  Watch Amazon trade in real time here. 
  Amazon on Thursday hit a new high of $1,784.10 a share Thursday, as the stock gained more than 1%.
  Amazon hit its previous high in early June, when it reached $1,646.48.  
  The e-comm
  
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• Goldman Sachs says the rest of Wall Street is underestimating Twitter's turnaround (TWTR)

  12-07-2018 17:19 via feedproxy.google.com
  Twitter's turnaround from its spam struggles and the 2016 election is going faster than Wall Street has noticed, Goldman Sachs says. 
  The bank raised its price target to $55 — 25% above current prices.
  Shares rose 2% following the bank's price-target increase.
  Follow Twitter's stock price in real-time here. 
  Twitter has been a tear this year — with shares soaring 82% to hit their highest price in over three years — and Goldman Sachs says the gains may not be done yet.
  
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• Citi is deploying robots to help the world's biggest companies collect cash from customers — boosting a key $8.5 billion business for the bank (C)

  12-07-2018 17:12 via feedproxy.google.com
  Citi is partnering with fintech company HighRadius to automate a key money-collection process for businesses.
  The companies have launched Citi Smart Match, which applies artificial intelligence and machine learning to the process of matching open invoices to received payments — painstaking and costly task known as "cash application."
  The new feature enhances Citi's crucial and highly lucrative Treasury and Trade Solutions (TTS) business, which provides daily financing and cash managem
  
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• 'It’s all priced in': Netflix's stock is topping, UBS warns (NFLX)

  12-07-2018 17:08 via feedproxy.google.com
  Potentially explosive international subscriber growth is already priced into Netflix shares, UBS analyst Eric Sheridan wrote in a note out to clients. 
  Sheridan downgraded the stock from "buy" to "neutral."
  He did, however, raise his price target to $425 a share.  
  Watch Netflix trade in real time here. 
  Netflix shares have soared more than 114% this year, but the good times are bound to end soon, one analyst says. 
  Eric Sheridan, an analyst at UBS, says the huge gains t
  
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• 'A real blow': The City of London is furious with the government's Brexit plan for finance

  12-07-2018 16:29 via feedproxy.google.com
  Major lobby groups for the City of London are unhappy with the government's plans for the UK's financial services sector after Brexit.
  The City of London Corporation described the paper as "a real blow for the UK’s financial and related professional services sector."
  The government says it will seek a system of regulatory equivalence, rather than the previously mooted mutual recognition arrangement.Major City of London lobbying groups are unhappy with the government's plans for the UK's fi
  
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• One luxury brand on why retailers must do ‘less, but better’

  12-07-2018 16:09
  The Rebecca Minkoff store in LA. Image courtesy of Rebecca Minkoff.With closures on the high street and the exponential growth of online shopping, the viability of physical retail in 2018 has never come under so much scrutiny.
  However, the shift from product-heavy showrooms to spaces, dedicated as much to experience and culture as they are to selling clothes, is nothing new in the luxury sector.
  The direction of luxury retail is all about a philosophy of ‘less, but better’ explains A
  
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• Papa John's is surging after founder John Schnatter resigns from board and apologizes for using a racial slur (PZZA)

  12-07-2018 16:04 via feedproxy.google.com
  Papa John's founder and executive chairman John Schnatter resigned Wednesday following a public apology for using a racial slur on a conference call in May. 
  The pizza stock surged more than 10% Thursday, erasing some of its heavy losses from Wednesday.
  Follow Papa John's stock price in real-time here. 
  Shares of Papa John's surged more than 10% Thursday morning following the resignation of founder and executive chairman John Schnatter, who on Wednesday apologized for using a raci
  
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• The ‘father of modern marketing’ on avoiding brand decay and preparing for disruption

  12-07-2018 16:00
  Illustration: Peter StrainPhilip Kotler is widely acknowledged as the father of modern marketing and with 57 books to his name it’s not hard to understand why he is such an authority.
  As an author, consultant and professor, Kotler has been one of the leading voices in marketing for the past 50 years. And despite recently celebrating his 87th birthday he doesn’t appear to be slowing down. He published his most recent book last year and is currently the SC Johnson & Son distinguish
  
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• ‘Father of modern marketing’ Philip Kotler on avoiding brand decay and preparing for disruption

  12-07-2018 16:00
  Illustration: Peter StrainPhilip Kotler is widely acknowledged as the father of modern marketing and with 57 books to his name it’s not hard to understand why he is such an authority.
  As an author, consultant and professor, Kotler has been one of the leading voices in marketing for the past 50 years. And despite recently celebrating his 87th birthday he doesn’t appear to be slowing down. He published his most recent book last year and is currently the SC Johnson & Son distinguish
  
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• Robinhood is adding 2 new cryptos as it attempts to take down Coinbase

  12-07-2018 15:56 via feedproxy.google.com
  Litecoin and bitcoin cash are being added to Robinhood Crypto, the California broker announced on Thursday. 
  The company has been rapidly expanding its crypto offering since it launched earlier this year. 
  Robinhood, the California-based brokerage known for pioneering free stock trading, is diving deeper into the world of cryptocurrencies. 
  The firm first announced it was gatecrashing crypto trading with a new brokerage offering earlier this year. Now, the company said on Thursday
  
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• GOLDMAN SACHS: Here's where to put your money as trade tensions heat up

  12-07-2018 15:37 via feedproxy.google.com
  Trade disputes between the US and its partners pose a risk to the stock market. 
  Goldman Sachs has reiterated four strategies that should keep investors on track for healthy returns.
  Trade-related headlines put the stock market at risk of more volatility. 
  To help its clients navigate these swings, Goldman Sachs has reiterated four of its top strategies that should keep investors on track for strong returns this year.  
  The recommendations are not hedges against specific risk
  
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• An early investor in Uber, Airbnb, and bitcoin explains why it's actually a good sign that no one is spending their crypto

  12-07-2018 15:31 via feedproxy.google.com
  Jeffrey Wernick is a hard money advocate and an independent investor. His angel investment portfolio includes early holdings in Uber and Airbnb. Wernick serves on the advisory boards of DataWallet and Qtum.Wernick started buying bitcoin in 2009, the year it was created. He says the fact that people aren't actively spending their bitcoin is not a sign of weakness or due to the cryptocurrency's limitations. He believes people aren't spending their bitcoin because it is "good mo
  
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• Ellen Hammett: Beware the ‘subvertisers’ if your deeds don’t match your message

  12-07-2018 12:59
  You might think they creep around in the dead of night, dressed head-to-toe in black, but most of them operate in broad daylight, disguised in high-vis jackets that make them look official.
  The really committed ones have even ironed on an outdoor company’s logo that they’ve downloaded from an online manual, which is also where they learn how to ‘hack’ bus stops and other outdoor sites.
  They are ‘subvertisers’, ‘brandalists’ – an ‘
  
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• Deliveroo on its ambition to become the ‘definitive food company’

  12-07-2018 08:00
  Ambitious growth targets are nothing new at Deliveroo. The five-year-old online food delivery company is on target to hit six million UK customers by the end of 2018 and grow its roster of 10,000 restaurants by 50%, expanding to 50 new towns and cities nationwide.
  This follows the decision in June to open up its platform to 5,000 eateries by allowing them to use their own fleets rather than its network of 15,000 riders, putting the business in direct competition with rival Just Eat.
  Deliveroo, w
  
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• Fake news a 'problematic' term

  12-07-2018 02:00 via warc.com
  SINGAPORE: Many consumers around the world are concerned about fake news but the term itself is “deeply problematical” as audiences interpret it to include poor quality news, and not just completely made-up news.According to the...
  
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• WARC Media Awards: Data judges announced

  12-07-2018 01:19 via warc.com
  GLOBAL: Senior marketers from McDonald’s, Spotify and Booking.com are joining the judging panel for the Best Use of Data category in the 2018 WARC Media Awards.The WARC Media...
  
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• Vimeo's creator-first strategy

  12-07-2018 01:19 via warc.com
  NEW YORK: Vimeo, the online video platform, is carving out a distinct position for its brand in a crowded category by focusing on the needs of content creators.Anjali Sud, CEO of Vimeo – which is owned by media and internet company IAC...
  
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• UK banks are failing on 'purpose'

  12-07-2018 01:19 via warc.com
  LONDON: UK banks are failing in their above-the-line efforts to promote themselves as socially responsible organisations, new research suggests, but owned and earnedexperiences could be a more effective way to achieve a similar outcome.A study...
  
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• Maharashtra takes a stand on plastics

  12-07-2018 01:19 via warc.com
  NEW DELHI: Starbucks may have grabbed headlines by banning plastic straws but one Indian state is taking further-reaching action by banning the use of all single use plastics and introducing buy-back schemes.The coffee retailer announced its...
  
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• Fake news a 'problematical' term

  12-07-2018 01:19 via warc.com
  SINGAPORE: Many consumers around the world are concerned about fake news but the term itself is “deeply problematical” as audiences interpret it to include poor quality news, and not just completely made-up news.According to the...
  
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• AI is the 'next industrial revolution'

  12-07-2018 01:19 via warc.com
  BRUSSELS/LONDON:A majority of advertising industry decision-makers believe that artificial intelligence heralds the “next industrial revolution” but they are also concerned about relinquishing human control and what that means for...
  
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