Starbucks announced Thursday that it will close all of its 379 Teavana stores, and most will be gone by spring 2018, making the tea shop the latest victim of the collapse of mall-based retailing. There were clear signs of trouble. In April, Starbucks Chief Financial Officer Scott Maw told investors, “Over the last several years, many mall-based retailers have been Read More

Accor, the French hotels group, is bolstering its presence in the home-sharing market by bolting new acquisitions on to its Onefinestay brand to tackle the threat posed by Airbnb and other online booking services. Accor, Europe’s largest hotelier by room numbers, acquired Onefinestay, the UK-based luxury home rentals site, in a deal worth up to €148m last year. On Wednesday, Accor plans to Read More

Erik Brynjolfsson, MIT Sloan School professor, explains how rapid advances in machine learning are presenting new opportunities for businesses. He breaks down how the technology works and what it can and can’t do (yet). He also discusses the potential impact of AI on the economy, how workforces will interact with it in the future, and suggests managers start experimenting now. Brynjolfsson Read More

Just yesterday, President Donald Trump told a trio of New York Times reporters that if special counsel Robert Mueller’s investigation turned to his finances, he’d view it as a “violation” of Mueller’s charge. “This is about Russia,” Trump said. But according to a new report by Bloomberg’s Greg Farrell and Christian Berthelsen, investigators had already been investigating several Trump business transactions with Russians. Read More

You’re a small business. You need to market your products and services to establish yourself on the market and edge ahead of competitors. Though your marketing budget doesn’t stretch too far. Fortunately, there is a whole host of free marketing tools that small businesses can benefit from. Here’s 50! Free Marketing Tools Portent Portent is a handy free marketing tool for businesses, allowing you to Read More

IT major Infosys has committed to adding 10,000 jobs in the US in the next few years, but it hires similar number of people in India in less than two quarters, its CEO Vishal Sikka said on Friday. Asserting that hiring in the US will not impact its recruitment plans in India, the Bengaluru-based company said it has rolled out Read More

In today’s extremely competitive business scenario many businesses are adopting innovative strategies to tap growth. But some dynamic business leaders are viewing the present slowdown as an opportunity. They are successfully leveraging the power of data to analyze competition, optimize their resources, enhance customer experiences, take informed decisions and gauge upcoming market trends. As per NASSCOM, Big Data analytics sector Read More

For half of the world, SEO (Search Engine Optimization) is all about search engines, its algorithms, rankings, off-page and all other technical terms. While fighting the battle of enhancing the ranking in SERPs (Search Engine Result Page), often one thing is neglected or considered as last option. That last option is Content. Now the question arises, what’s the role of Read More

Employee training serves multiple purposes in any business. It allows you to set a standard for how your business operates. It also keeps employees safe, helps improve customer satisfaction, increases efficiency, and enables productive work. If you don’t have a formal employee training program, however, you can’t measure results or maintain consistency. Imagine a school without a curriculum. Teachers wouldn’t know Read More

Goods and Services Tax (GST) may have made new cars more affordable but it will increase the prices of used cars, boost the unorganised market and wipe out smaller players from the organised segment. According to used car operators GST on used cars is the same as new cars which is 28 percent and this is several times higher than Read More