Excess Capacity in Movie Theaters Leads to New Product Offerings

Theater chains hope 4DX technology will provide a one-of-a-kind immersive experience to entices viewers back from online streaming.

Offering 21 different sensory effects, such as moving seats, wind, fog, lighting, vibration, and various scents, these special theaters bring the viewers right into the action and offer a ray of hope for the movie theater business.


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Macy’s Makes Difficult Location Planning Choices

As U.S. department store retailer Macy’s continues to struggle, its new strategy involves closing 150 of its 500 namesake stores by the end of 2026.

The closures include its flagship 400,000 square foot location in Union Square, San Francisco, that opened in 1929.

Difficult location planning choices are being made to try to forge a profitable future for the 165-year-old stalwart in the retail industry.


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Walmart Refocuses Innovation Strategy

Since opening an innovation hub known as Store No. 8 in 2017, Walmart has incorporated resulting new ideas (e.g., in-home delivery and text/voice shopping) into its operations.

The closing of Store No. 8 signals Walmart’s strategies to rein in high inflation by trimming expenses and shifting innovation to local teams.


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By |2024-02-28T20:02:27+00:00February 28, 2024|Tags: , , , |

Best Value at Airport Security: TSA PreCheck, Clear, or Regular Line?

Which line to choose? There is no easy answer.

We all wish we could skip airport security lines. Yet, they are a necessity. Passengers now have several options to make the experience less “painful,” but these options have themselves become paint points. People pay a fee for TSA PreCheck and an even higher fee for Clear (see earlier post). Recently, the benefits offered by these two programs have become less obvious for passengers with high expectations. Knowledge of […]

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