Description: Pharmacy is a roughly $400 billion business in the United States, yet only recently have entrepreneurs begun tackling the market. In 2013, two young founders launched PillPack, a retail pharmacy startup that was acquired by Amazon last year for around $750 million. Other newcomers followed, including New York City’s Capsule, which grabbed $270 million… Read more »
Posts Categorized: Strategy
Description: For e-commerce as a whole, business is booming. According to estimates from Statista, the number of worldwide digital buyers is expected to reach 2.14 billion by 2021, with global e-commerce sales exceeding $4.5 trillion. While this paints a positive picture overall, many e-commerce sites struggle to see success for themselves. Though there are many factors that… Read more »
Description: Vancouver company says currently no orders planned from factory, which is owned by Korean firm Source: CBC.ca Date: Oct 15, 2019 Link: https://www.cbc.ca/news/business/bangladesh-factory-lululemon-1.5321405 Questions for discussion: What are the social issues and related problems facing companies like Lululemon, as highlighted in this report? How should management respond? What strategy should be taken to mitigate… Read more »
Description: How economies work has changed radically. So must economic policy Source: Economist.com Date: Oct 10, 2019 Link: https://www.economist.com/leaders/2019/10/10/the-world-economys-strange-new-rules Questions for discussion: Summarize the highlights discussed in this article. How do you think the restructuring process will play out?
Description: TODAY’s Donna Farizan sits down with YouTube star Dulce Candy Ruiz, who’s inspiring young women to embrace their own beauty. Ruiz opens up about living the American dream and sharing her life as a Latina, veteran and mom with viewers. (Created by TODAY with our sponsor, Ulta Beauty.) Source: NBC.com – video report Date:… Read more »
Description: The world’s largest brewer is making a big push for China and other parts of Asia — but it could prove challenging for Anheuser-Busch InBev to topple local beers that have long dominated their home markets. Source: CNBC.com Date: Oct 06, 2019 Link: https://www.cnbc.com/2019/10/07/budweiser-seeks-growth-in-china-vietnam-india-south-korea-beer-markets.html Questions for discussion: Why does this strategy make sense for the company?… Read more »
Description: Incoming CEO Enrique Lores and CFO Steve Fieler lay out a financial road map for the company’s fiscal year 2020 Source: MarketWatch.com Date: Oct 04, 2019 Link: https://www.marketwatch.com/story/hp-to-slash-7000-to-9000-jobs-over-three-years-as-part-of-major-restructuring-2019-10-03?siteid=yhoof2&yptr=yahoo Questions for discussion: Summarize the restructuring plans detailed in the article. What is driving these decisions? Have investors responded positively?
Description: Forever 21 Canada plans to begin liquidating its stores next week, pending court approval, and complete the process by November 30, according to documents filed with the Ontario Superior Court of Justice. Source: BNNBloomberg.com Date: Oct 04, 2019 Link: https://www.bnnbloomberg.ca/forever-21-canada-aims-to-start-liquidation-next-week-1.1326667 Questions for discussion: What are the reasons for the failure, according to the article?… Read more »
Description: At one of the world’s largest synthetic biology conferences this week, a food truck handed out papaya and yogurt samples to hundreds of attendees. The papaya wasn’t any ordinary papaya: It was a genetically engineered fruit that Dr. Dennis Gonsalves designed to be naturally resistant to the ringworm virus. Because of his invention, pesticide use dropped… Read more »
Description: Would you pay $500,000 … for a bag? In 2019, a diamond-encrusted Birkin handbag made of crocodile, from the French luxury brand Hermes, sold for half a million dollars. The Birkin consistently shatters sales records at auction, selling in the hundreds of thousands of dollars. But experts say the bag cost just $2,000 at… Read more »