Archives

Month: January 2015

Technology alters skills of young workers

One of the side effects of recent advances in communication technology is the diminished ability of Gen Y (21-34 years old) and Gen Z (12-20 years) to effectively communicate face to face with the Baby Boom generation.

Retailers applaud Gov. Snyder’s signing of Main Street Fairness legislation

LANSING – Michigan’s retail industry applauded Gov. Snyder’s signing today of the Main Street Fairness bills and said the new law marks a giant step forward in leveling the retail playing field for Michigan businesses competing against out-of-state online merchants.

Defining a good profit margin

Although a retail store’s typical initial markup on merchandise could be 40 percent or more, actual profitability takes into account all expenses, such as payroll, rent, utilities, insurance and advertising.