
Economics
T.J. Maxx’s Recession-Proof Pricing Strategy, Explained | WSJ The Economics Of - YouTube
T.J. Maxx and Marshall’s parent company TJX made almost $50 billion last year – more than Nordstrom and Macy’s combined. A decades-old TJ Maxx commercial promises customers “the max for the minimum price” and says the store is “never the same place twice.” But how does the clothing store get its inventory and sell it at such a discount?
WSJ explains how the off-price retailer gains its inventory and uses consumer psychology to keep customers coming back for more.
0:00 TJ Maxx’s core strategy
0:46 Price anchoring
3:06 Inventory
5:10 Pandemic’s effects
The Economics Of
How do the world's most successful companies generate revenue? In this explainer series, we'll dive into the surprising stories behind how businesses work--exploring everything from Costco's "treasure-hunt" model to the economics behind Amazon's AWS.
#TJMaxx #Fashion #WSJ
IRS: Average taxpayers 'should not be worried' about audits as agency grows | CNN Politics
The forthcoming overhaul of the Internal Revenue Service is intended to increase audits of the wealthy and big corporations while leaving audit rates on average households the same, according to a plan released by the agency Thursday.
Las Vegas ballpark pitch revives debate over public funding for sports stadiums
A proposal to help finance a new ballpark for Major League Baseball's Athletics in Las Vegas has revived nationwide debates about public funding for private stadiums. And that has pitted Nevada’s powerful tourism industry and labor unions against some progressive groups, raising concerns about ceding tax revenue when services such as public schools are funded below the national average. Proponents say the proposal could create new jobs, increase the state’s general revenue and further diversify the city's casino and gaming-based economy. But skeptics warn of empty promises, citing growing evidence that minimal dollars generated from the new stadium would not otherwise be spent among nearby resorts and restaurants.
Is a Home an Investment?
Many folks are often express thrilled when they sell their house for a higher price than what they initially paid for it. They think they made a big profit, but did they? were all of the cost factors considered. Buying or selling a home at the right time is crucial because real estate markets are cyclical. Frankly, much of this depends on luck. The housing market often experiences periods of rapid appreciation followed by periods of stagnation or depreciation. This significantly impacts how muc
(20) Stephen Day @VCUEconEd on Twitter: "RT @NAEEnet: Where are you headed this summer? Check out this graph on the impact of travel and tourism on GDP across the world! #TeachEc…" / Twitter
Where are you headed this summer? Check out this graph on the impact of travel and tourism on GDP across the world! #TeachEcon pic.twitter.com/YX7krjsC4p— NAEEnet (@NAEEnet) May 31, 2023
Minnesota Becomes 20th State to Guarantee Personal Finance for all High School Graduates - Blog
On May 24, Minnesota Governor Tim Walz signed House Bill H.F. 2497, officially making Minnesota the 20th state in the nation to guarantee a personal finance course for high school graduates. H.F. 2497 incorporated financial education bills that were originally sponsored by Rep.