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Showing posts from May, 2021

Besides higher wages, what else can businesses do to address labor shortages?

Last week,  COVID-19 cases in the U.S.  hit their lowest rate since September. Deaths were also at the lowest point since April last year. Moreover, close to  60% of adults  in the U.S. have already received at least one dose of a vaccine. The Centers for Disease Control and Prevention (CDC)  announced on May 13  that: People who are fully vaccinated no longer need to wear face covers or maintain a social distance in any setting unless they are required to do so by laws or specific guidelines. Fully vaccinated people can also refrain from testing following a known exposure (with a few exceptions). Some businesses , such as Starbucks, Costco, Trader Joe’s, Walmart, Sam’s Clubs, Universal Studios, and Disney parks in Florida, have decided to follow CDC’s new guidelines. Fully vaccinated people are no longer mandated to wear a mask in their establishments. The U.S. economy is recovering, with highest job gains in the leisure sector Under a much-improved situation, people are ready to  tra

Why does a major bakery café add pizza to its menu? (By Jessica Elsea)

            On October 28, 2021 Panera releases their Flatbread Pizzas. The original lineup included a margarita flatbread pizza, a cheese flatbread pizza, and a chipotle chicken flatbread pizza. Although this move looks like it might be a way to boost sales during the pandemic, flatbread pizzas have been in talks for over a year before the release.  Will pizza help with delivery sales?           The strategy behind this move seems to be sold as a way of providing more meal options with clean ingredients that customers can feel better about eating, rather than some other fast-food options. However, this move has seemed to be more of a push to boost their delivery sales. Delivery sales have almost doubled with the launch of the flatbread pizza, and with this increase in delivery orders, overall sales have increased by thirty percent (Ellwanger, 2020). Delivery has been able to take off for many fast-food chains during the pandemic because of its perceived safety.            For Panera,

How to choose the best credit cards for travel (By David Mai)

  Traveling in a Post-Pandemic World If there was one thing the pandemic taught us, it was that everybody became hesitant and unwilling to travel. Shaver (2020) of The Washington Post shared an interesting tidbit in which Americans were actually staying home less during the pandemic, according to research that tracks users' smartphone data.  The quarantine fatigue affected nearly everyone who lived an active lifestyle or loved to be out and about in the world. It was simply not a safe time, and too many regulations were in place that deterred consumers from traveling for leisure. Consequently, the COVID-19 pandemic significantly impacted the travel and hospitality industry. Yet, there is no doubt that people will yearn to travel again when the pandemic is fully lifted. Around this same time, credit card companies have developed unique ways to retain business with consumers who look to maximize rewards and benefits for their journey. A Little Preparation Goes a Long Way      

Growing and glowing: A quickest way to expand a business (by Avantika Jain)

Did you wake up one morning and decide that you needed to take control of your life?  Has the thought of starting a business ever crossed your mind?  Are you already a business owner or looking to be one?  These are all valid questions to be considered for people interested in entrepreneurship. The pandemic is very challenging for most businesses, but it also opens up new opportunities for smaller, house-based operations. In fact, a number of small, family-owned businesses have done relatively well during this time. So, I guess the real question is how exactly they managed to bring in new business and at the same time, keep their existing customers. SEO, or search engine optimization, can be one solution to these questions. With everything being online nowadays, it is really up to the algorithm to decide.  What is SEO? SEO’s act as website filters that can help control traffic, all while promoting certain websites and brands through the natural engine. SEO’s such as Google can really h

Restaurants are experiencing labor shortage: Will this be the final nail in the coffin for their business? (By Nadya Capozzi )

  After over a year of the pandemic, businesses are finally starting to reopen to the public. Businesses, especially in the hospitality industry, are booming a lot more than before the pandemic. Because most businesses have already laid off most of their workers because of the pandemic, they do not have enough manpower to meet the sudden spark of demand. In other words, businesses can’t keep up with staffing needs in order to fill the increasing demand. Unemployment messes with restaurant operations Due to the pandemic, restaurants across the U.S. had to shut down, driving up unemployment. The ongoing pandemic left plenty of people across the world “jobless.” Only certain stores were considered “essential” and remained open. With government aids to the unemployed, some people are making more money than earning the minimum wage even when they are not working. Then, why would people want to go back to work? Undocumented workers do not receive any financial aids or unemployment be