It's a common tale these days -- legacy department stores and famed luxury retailers going belly-up. But Dick's Sporting Goods, the nation's largest sporting goods retailer, has continued to thrive as it responds to the changing economy and consumer needs, according to a report from MIT's Sloan School of Management. How has Dick's managed to beat the odds for … [Read more...] about How a Dick’s Sporting Goods thrived while others crashed
Business
Battle of the ‘marts: One chain booms; the other fades
It has been a slow, painful death, and unfortunately, it's still ongoing.Kmart, the storied discount retailer that boasted thousands of locations, is down to its last 34 stores, according to Forbes. From its humble beginnings in Detroit as the S.S. Kresge Company, the chain, which changed its name to Kmart in 1977, once dominated the discount store market, according to the New … [Read more...] about Battle of the ‘marts: One chain booms; the other fades
Home office deduction: Remote workers won’t be able to claim this deduction
Seems simple, right? You started working from home so why not claim a tax break for your own home office?It's not that easy, according to Kiplinger. Business-related expenses are different than the home office deduction, and the Internal Revenue Service has very specific rules for filers who wish to take advantage of these deductions. A full-time employee (those who … [Read more...] about Home office deduction: Remote workers won’t be able to claim this deduction
Is your website mobile-friendly?
The year 2020 provided a high-intensity crash course in online strategies for business owners, from social media marketing to the ins and outs of ecommerce. And because the trend is expected to stick around post-pandemic, you might want to double-check this often overlooked feature: Is your website mobile-friendly? The website Statista reported that mobile devices account … [Read more...] about Is your website mobile-friendly?
Creating and capturing ideas
Business and personal challenges often demand new ideas--those often fleeting solutions that streak through dreams, only to be forgotten in seconds. One thing that distinguishes creative people from others, according to Psychology Today, is that the creative ones have learned ways to pay attention to and preserve some of the new ideas that occur to them. They have … [Read more...] about Creating and capturing ideas