Retail

Businesses rely on data when pricing their products. Cost of labor and material, seasonality and consumer demographic information all have a part to play. And this pricing puzzle becomes even more complicated when the products are limited in supply and have different customizations to choose from—for example, economy, business or first-class plane tickets.  Accurately pricing […]

Data indicate customers prefer to shop where they anticipate less wait time. What does this mean for companies trying to determine the revenue lost due to their long lines? Researchers have long assumed the cost companies pay for their lines is based on the value of their customer’s time. But Subodha Kumar, Paul R. Anderson […]

“This is one of those articles that came about as I was walking around South Street,” says William Bunting, assistant professor of legal studies at the Fox School. While walking down South Street recently, Bunting encountered a number of empty storefronts. Always the researcher, he wondered why retail vacancies were on the rise—especially in increasingly […]

When Megan Kristel, BBA ’02,  founded her blog The Well Dressed Life in 2015, she did not expect it to become the primary avenue for achieving her goals of connecting with people and fostering a community in the world of retail fashion.       “I had used it [the blog] for traditional marketing. I thought, ‘I wonder […]

Sarah and Rachel Stanton, co-founders of Switch Stream and grand prize winners of the 2020 Be Your Own Boss Bowl® (BYOBB®), kicked off this year’s competition on Jan. 20 at IEI’s annual “How I Won the Be Your Own Boss Bowl®” event. Switch Stream is an assistive technology startup that produces a smart hub for […]

Génesis Warner Fernandez took an unconventional route to obtain her degree. After transferring to Temple in 2010 and working for the Small Business Development Center, she decided to make a life-changing decision: move to Italy in the name of love.  “I started dating my boyfriend at the time—now my husband—who is also a Temple alumnus. […]

“Challenge yourself, show up prepared, go to that networking event (even if you’re tired and you have assignments to complete), and have fun,” Janae Silver, MBA ’20, advises. “It’s not easy, but it’s worth it. Your rewards will be confidence, discipline and a growing network, among many other benefits.”  Silver knows all about discipline and […]