AI Technology and the Economic DownTurn

Now more than ever, savvy capital allocation is vital to the survival of nascent enterprises--especially those without any capacity to absorb temporary gluts; and who’s networking abilities are hampered by reduced commerce. The connectivity now afforded by Smartphone...

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AI Is Playing A Role In Handling The Pandemic

The better we can track the virus, the better we can fight it. AI is indispensable to this endeavor. AI technology is ideally positioned to identify, track and forecast outbreaks. By analyzing news reports, social media platforms, and government documents, AI can...

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Systemic Solutions For Systemic Problems

As companies start to address the current exigencies, they’re learning that a pandemic is fundamentally different from more conventional threats to business continuity. Plans are usually designed to help companies respond to localized threats--not to global...

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Technology’s Role In Boosting Business

The connectivity now afforded to us by Smartphone apps, data analytics, and AI gives us ways to fight pandemics in ways we never previously thought possible. In the midst of the corona-virus outbreak, it has become all-the-more imperative to marshal our technological...

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Major Chain Stores Take a Huge Hit in 2020

Due to the economic downturn induced by the coronavirus pandemic, as many as 12,000 major chain stores could close by the end of the year (2020). Among the casualties are Hallmark, GNC, Walgreens, and Gamestop. Brooks Brothers filed for bankruptcy in July. Some stores...

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More Store Closings Due to 2020 Pandemic

When it comes to retail, more than 6,300 stores will be closing in 2020 as a result of the pandemic-induced consumer downturn. Stein Mart, Lord & Taylor, JC Penney, Neiman Marcus, Nordstrom, Tailored Brands (Men’s Wearhouse), as well as Bed, Bath & Beyond are among...

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