stackyFACTSIf you drive to three different appliance stores to save forty bucks on a microwave, you have incurred massive search costs. By the third store, you are so physically exhausted and annoyed that you will willingly overpay just to make the ordeal stop. Retailers literally bank on your impending psychological collapse.
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In a beautiful display of Canadian politeness and economic absurdity, Canadian Tire stores issued so much colorful loyalty paper money that it became a de…
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Retail corporations refer to the massive economic loss from shoplifting, employee theft, and administrative errors as shrinkage, a harmless-sounding term that…
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Music has officially transitioned from audio to pure interior design. A staggering percentage of new vinyl records are purchased by fans who do not even own a…
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A single mediocre lotion looks unappealing alone, but put it in a decorative basket with soap and a terrible sponge, and it suddenly looks like a premium…
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Supply chain managers constantly battle a terrifying economic phenomenon known as the bullwhip effect, where a tiny change in consumer demand causes massive,…
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Demographics are shifting in the most depressing retail metric possible. Japan's population is aging so rapidly and their birth rate has plummeted so…
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