Sobeys sees higher prices

Posted by & filed under Student life.

Description:  While Loblaws hit the news last week on the taxation front, another big Canadian grocer, Sobeys, made the news by predicting an increase in food prices. The reason: transportation costs and tariffs. An increase in minimum wages in some jurisdictions is also offered as another reason for rising prices. Date: September 13 , 2018 Source:… Read more »

Welcome! – or welcome back!

Posted by & filed under Student life.

Description:  Well. welcome to another school year! Or maybe it’s your first year at university or college, so just plain old welcome. And as you get ready to start this academic year, it’s a good time to think about how far your dollars will go. Certainly one way to save some money is to take… Read more »

What happened to supply and demand?

Posted by & filed under Accounting Principles, Student life.

Description:  The general rule is that if something is in demand, then the price goes up. But while employment is growing in both Canada and the United States, and shortages of workers could become a problem as the baby boomers move into retirement, wages have not been growing. Economists have offered a variety of explanations,… Read more »

Dumping Facebook

Posted by & filed under eCommerce, Student life.

Description:  In the light of the controversy surrounding Cambridge Analytics’ use of Facebook user data during the 2016 U.S. election, users are dumping Facebook in a #DeleteFacebook movement. One organization benefiting from the #DeleteFacebook trend is Mastadon. Mastadon – https://mastodon.social/about – is a decentralized social network, meaning its users, in effect, operate the network. And its code… Read more »

Bumping digital

Posted by & filed under Cost Accounting, Student life.

Description: For 2017,  the first time since 2011, combined sales of CDs and vinyl albums outpaced digital downloads of music. Meanwhile, music streaming services such as Spotify continue to grow, and in 2017 streaming accounted for roughly 2/3 of industry revenues. Vinyl, at only $400 million or so of an industry close to $9 billion,… Read more »

Challenging Starbucks

Posted by & filed under Student life, Sustainable Development.

Description: Two sixth-grade students from Calgary have gotten lots of attention for their online petition to encourage Starbucks to switch to fully-recyclable beverage cups. Mya Chau and Eve Helman have had over 300,000 signatures on their petition on Change.org. Environmental groups have supported the two young environmentalists by funding them to travel to the Starbucks annual… Read more »

Rogers, Bell raising rates

Posted by & filed under Marketing & Strategy, Student life.

Description: Rogers and Bell are raising rates.  This Monday, March 12, Rogers is cranking up the rates on most of its internet plans by $8 a month. Then, starting April 1, Bell will follow suit with increases up to $5 per month in certain areas. Needless to say, customers are not happy. Telus, the other large… Read more »

Millennials cut the cards

Posted by & filed under Student life.

Description: Millennials have been tagged with the disruptor term for their influence over such things shopping trends. The latest casualty in this trend may be the credit card. About only one third of millennials are holding credit cards. Some of this may be due to legislation impacting credit card recruiters on campus. Another influence may… Read more »

Get off that phone!

Posted by & filed under Corporate Strategy, Student life.

Description: A recent survey indicates that 28 % of Canadians spend two hours or more on their smartphones each day. The rate jumps to approximately 50% for users between 18 and 34. Investors and others are urging phone makers – like giants Apple and Samsung – to do more to address the subject of smartphone… Read more »