Recent Posts

Death of the shoe salesman, finally

  Another storied occupation is on its way out and the replacement is neither robots nor foreign workers. We’re witnessing the death of the shoe salesman. Macy’s recently said it would convert more shoe departments to an “open sell” format, where customers serve themselves from stacks of boxes. J.C. Penney is experimenting with the format. It’s the way sales have ...

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The dystopian future of price discrimination

  Have you ever been to a bazaar, where a hawker offers something at a special price, “just for you?” The world of online retail is getting ready to take the practice to a whole new level — and it doesn’t take much speculation to see how things could go terribly wrong. Let’s start offline. There are tons of rules ...

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Real estate sector dominates Abu Dhabi foreign investment

  Abu Dhabi / Emirates Business Foreign investors continue to pour billions into the Abu Dhabi real estate market, as new international standards and property regulations increase investor confidence in the sector. According to Abu Dhabi Securities Exchange (ADX) investors outside of the UAE pumped $40.3m last month into the UAE capital, with the real estate market taking the lion’s ...

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