Major Flaws Uncovered in Study Claiming Wal-Mart Has Not Harmed Small Business

The jounal titled Economic Inquiry reported August 30, 2007 published a paper titled HAS WAL-MART BURIED MOM AND POP?: The impact of Wal-Mart on self-employment and small establishments in the United States by Russell S. Sobel and Anderea M. Dean of West Virginia University..
Stories were printed about the research including a Q&A with Russell S. [...]

Prevailing Wisdom?

Please pardon this rather long posting on the Christmas Economy of 2008 today. I think it is worth the time and space.
The majority of the news reports, ads, and word of mouth about shopping these days is all about the shopping deals and discounts. While this would qualify as “prevailing wisdom” in the greater retail [...]

Fast Forward to Uber-Cocooning

Consumers get better and better at it. They’re sure getting a lot of practice. John Naisbit first predicted “high-tech/high-touch” in Megatrends. Faith Popcorn predicted “cocooning” in The Popcorn Report. She’s now updated that with “uber-cocooning”. Certain things aren’t changing so much as they’re getting deeper and richer. The consumers have become more sophisticated cocooner’s with [...]