October 4, 2019

In recent years food delivery startups like Postmates and Doordash have grown into multi-billion dollar operations by bringing takeout from all sorts of places directly to customers’ doors. But these companies don’t just service restaurants: people can also order everyday items from Walgreens or 7-Eleven and receive them hours later. Of course, consumers are more familiar with Postmates and Doordash as takeout services, not grocery delivery companies. 

As a result, both startups are brokering deals with retailers and supermarkets Continue reading

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October 3, 2019

This past summer, the startup WeWork heavily promoted what it promised would be a historic initial public offering (IPO). Analysts seemed to agree: Goldman Sachs estimated the office space leasing company could reach a valuation of $96 billion upon its stock market debut. When WeWork submitted the first documents for its IPO, though, the company settled on a potential valuation of $47 billion as it promised to change the world as well as the office leasing industry. Co-founder and CEO Continue reading

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September 5, 2019

In recent years, progressive policymakers have advocated to increase the minimum wage across the nation while other legislators oppose the measure entirely. Along with looking at the reasoning behind both sides, this video also explains how foreign countries deal with the complicated issue of the minimum wage. 

Questions:

  1. How does minimum wage policy in the U.S. differ from other countries?
  2. Should the U.S. develop a minimum wage system that is tied to inflation? Why or why not?
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August 30, 2019

For decades Lacroix sparkling water sat on the bottom shelves of countless grocery stores next to high class competitors like Perrier and S.Pellegrino. Too niche for regular consumers and too cheap for mineral water drinkers, LaCroix struggled for relevance until a company called National Beverage acquired it in the 1990s. Along with developing new flavors and adding more carbonation, the company also redesigned LaCroix’s cans and increased distribution around the country. By the mid-2000s many consumers began to turn away Continue reading

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August 27, 2019

Today’s top sneaker brands like Nike and Adidas are constantly releasing new designs in limited supplies. As a result, many “sneakerheads” often miss out on the latest styles while they’re available at retailers. That’s where resale sites like StockX come in. Unlike eBay, StockX doesn’t rely on straightforward auctions to move its merchandise. Instead, the company treats sneakers like tradable commodities that can quickly gain and lose value. For example, a pair of Nike’s Jordans could debut on StockX at Continue reading

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August 20, 2019

In 2018 users on the video streaming platform Twitch watched more than 505 billion minutes of live streams, up from 355 billion minutes the previous year. At some point many of those viewers likely tuned into Tyler “Ninja” Blevins, a streamer of the video game Fortnite who once boasted more than 14 million followers on Twitch. Along with earning ad revenue and subscription money from streaming, Ninja also made millions from lucrative endorsement deals with companies like Uber Eats and Continue reading

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August 15, 2019

In 2017 Ricky Lopez opened a Top Round franchise in San Francisco’s Mission District. With all sorts of well-established competition in the area already, the chef and entrepreneur says that his roast beef business lost tens of thousands of dollars in its first eight months. Then last year a representative from Uber Eats informed Lopez that his area had a high demand for burgers and ice cream that was going unmet. To take advantage of this opportunity, the food delivery Continue reading

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July 25, 2019

Since 2009 the website Genius has provided music lovers with a reliable source for lyrics to countless songs. A few years ago, though, the company noticed that someone else was exploring the site along with its usual batch of curious fans. The situation started when Genius published the lyrics to the hit song “Panda” by Desiigner with help from the artist himself. Since the company received assistance directly from the source, their lyrics served as the only accurate transcription of Continue reading

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July 11, 2019

As the world’s most innovative retailer, Amazon is constantly on the look for new and improved ways to serve their customers. Adopting state-of-the-art technology often helps the company accomplish this task, but finding and identifying new types of tech is only half the battle. Amazon also needs skilled employees who can handle this ever-evolving business environment. Finding the right candidates isn’t easy, though: Amazon currently has 20,000 job openings in the U.S. 

To fill these vacant positions, the e-commerce Continue reading

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June 18, 2019

For most of the 20th century, American consumers relied on small local shoe stores to fulfill all of their footwear needs. Then big sporting goods retailers arrived on the scene followed by sophisticated online operations like Zappos. Although this increased competition forced some independent outlets to close, many others managed to survive thanks to their high level of service. At Colburn Shoe Store in Maine, for example, employees remember exactly what size shoe their customers wear as well as their Continue reading

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