Featured Article
Firms often sell low margin items because customers seek the low margin items and, when buying, buy higher margin items as well. These low margin items can make sense through their enablement of the firm to profit from economies of scope. Killing low margin items can make sense in some cases, but other cases doing so will kill the firm.
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Earlier this month, our friends at Pricefx asked me to contribute to an upcoming article about how the events of 2020 have…
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“Data” is a commodity. It is everywhere, and anyone with access to a computer that’s connected to the Internet can acquire all…
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It’s gift giving time in much of the western world. Whether Hanukkah or Christmas, people are out shopping for the appropriate gift.…
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The COVID-19 pandemic has upended nearly every corner of our economy in 2020, twisting the once familiar into strange mutations. Retail has…
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