The Forbes article Survey Says Americans are Losing Their Appetite for McDonalds, Taco Bell and Burger King covers a study showing that consumers – and especially Millennials- are choosing fast casual restaurants over fast food places.Key quote:
Most Millennials surveyed (89%) seek out fast, casual food they deem healthier, tastier and “more customized” than fast food, and they’re willing to pay more for it, the survey revealed.
At the same time, the nations appetite for food trucks continues to grow. Cities across the country are liberalizing food truck laws in response to growing demand and people from all walks of lifeare starting food trucks.
Were not surprised by either development and see them as linked.
The August jobs report is out and it isn’t as rosy as many hoped it would be. According to Labor Department statistics, the U.S. economy added 142,000 jobs in August, falling far short of economists’ predicted gain of 200,000 jobs for the month.
The drop in jobs ended a streak that saw the economy adding more than 200,000 jobs for six consecutive months–the most promising trend since 2006. Many had viewed this trend as a sign that the economy was strong and that the labor market had finally rebounded.
On a positive note, the unemployment rate dropped to a six-year low of 6.1 percent, down from 6.2 percent in July.
n”> – Starbucks Corp on Friday announced two new types of stores aimed at capturing the growing demand for upscale reserve coffee and a separate test of an “express” store in Manhattan offering speedy service in a city where a “New York minute” is more like a nanosecond.
The moves from the world’s biggest coffee chain come as it faces growing competition from high-end craft coffee sellers such as Stumptown Coffee Roasters, Blue Bottle Coffee and Intelligentsia, as well as from fast-food chains ranging from McDonald’s to Dunkin Donuts to newcomer Chick-fil-A.
Starbucks said it plans to open a “first of its kind” 15,000-square-foot small-batch reserve roastery in the hipster Capitol Hill neighborhood of its Seattle home market in December.
- U.S. stocks were little changed on Friday, and the benchmark S&P 500 was on pace for its first weekly drop in five, following a weak payrolls report that reassured investors the Federal Reserve wouldn’t speed up plans to hike interest rates.
Stock index futures pared losses after the release of the employment report, which showed nonfarm payrolls rose 142,000 in August, the smallest increase in eight months, while the unemployment rate slipped to 6.1 percent as people dropped out of the labor force.
The soft jobs report doused worries that the Fed might consider moving up plans for an interest rate hike at its next meeting in mid-September after a recent flurry of economic data pointed to a strengthening economy.
The ability to provide real-time, location-specific, personalized data delivered straight to a customers smartphone has long been considered the holy grail of location-based marketing.
According to a recent report by Business Insider (registration required), a relatively new technology called Beaconsis poised to deliver this capability.
The report goes on to say that Beacons are the most important retail technology since mobile mobile credit card readers.
Beacons are inexpensive pieces of hardware that send Bluetooth signals that trigger location-based applications in smartphones. Applications includeinclude customer service notifications, special upgrade offers or other personalized marketing messages.
INTERNATIONAL. German investor confidence fell to the lowest level since 2012 as the crisis in Ukraine and a sluggish euro-area recovery damp the outlook for Europe’s largest economy.
The ZEW Center for European Economic Research in Mannheim said its index of investor and analyst expectations, which aims to predict economic developments six months in advance, dropped to 8.6 in August from 27.1 in July.
Economists forecast a decrease to 17, according to the median of 31 estimates in a Bloomberg News survey. This was the eighth consecutive monthly decline and the biggest in more than two years. <
The paintbrush that cave dwellers used was a stick with hair attached to the end. This same basic design endured for 20,000 years … until Terry Douglas designed the EnviroBrush. His design can disrupt the paintbrush industry because it does for paintbrushes what the replaceable sleeve does for paint rollers – it enables a low cost refill to replace an expensive new brush. Paintbrush buyers and the environment love this.
But Terry spent several million dollars on product development and test marketing. Now
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While most companies will only accept the talent thats the best fit for their business, this policy can occasionally be exclusive of workers with the right skills but personalities or histories that can leave a negative impression on employers. We recently wrote about the Tihar Food Court, which recruits local prisoners to prepare them for reintegration into society. Now ULTRA Testing, a debugging company out of MIT, has introduced a policy that gives those on the autism spectrum a chance to apply their talent.
There are around 1.5 million Americans with autism, and many of them have degrees and even heightened, specialist skills but still cant find work that matches their abilities.