Posts tagged with "retail"

Mina Tocalini, 360 Magazine, Woman at Computer

What happens to the home and economy when women leave the workforce?

The pandemic-induced recession forced many women to drop out of the workforce, with research showing they were much more likely than men to give up jobs so they could take care of children when schools went online.

The consequences of these decisions may go beyond each individual, though. 

“They could have large repercussions for the economy, the home, and society as a whole, says Andi Simon (www.andisimon.com), a corporate anthropologist, founder of Simon Associates Management Consultants, and author of the upcoming book Rethink: Smashing the Myths of Women in Business.

Some ramifications of this 2020 exodus from the workforce for women could include:

  • A drop in consumer spending. When one spouse loses a job, whatever the reason might be, it means an immediate and sudden drop in income for that household. “The impact on household earnings will lead to reduced spending,” Simon says. “That will have ripple effects throughout the economy.”
  • An impact on women’s careers and advancement. Eventually, many of these women will no doubt go back to work, but how well they will be able to just pick up their careers where they left off could be another matter, Simon says. “Will they have lost ground in the line for promotions to men who didn’t take any time away from work?” she asks. “Also, depending on how slow the recovery is, rejoining the workforce might not be that quick and easy.”
  • A reduction in demand for family-related industries. When both spouses work outside the home, couples often need to make use of services that developed or grew because one adult – usually the woman – wasn’t around to take care of certain household duties. For households where a mother is now back in the home, that has changed. “They no longer need to pay someone for childcare services,” Simon says. “In addition, the need for house-cleaning services is likely to drop.”
  • Changes to retail markets. A woman who stays home with the kids has different needs than a woman who commutes to an office each day, and those differences could be reflected in the world of retail, Simon says. Just as an example, there could be a drop in demand for makeup. Sales of business attire for women may plummet – or at least take a hit as more casual, comfortable clothes become more important wardrobe necessities. Restaurants could continue to struggle as people eat out less and cook at home more.
  • Entrepreneurial urges could shift to home businesses. Some women could still keep their career mindsets and try to establish their own businesses run from their homes, Simons says. But she cautions that there are questions about just what those businesses might be since some potential areas – such as marketing, consulting, and business coaching – have seen a downshift in demand for their services. “That leaves you to wonder just how viable setting up a home business might be,” Simon says.

Despite all those concerns, some good can come out of this period as well for women who want a better life both personally and professionally, Simon says.

“If you’ve not been satisfied with your career and your life, this could be an opportunity to rethink and rewrite your personal story,” she says. “You need to imagine what you want to become, focus on how to make that possible, and then begin to take steps to make it happen.”

About Andi Simon

Andi Simon, Ph.D. (www.andisimon.com), author of the upcoming book Rethink: Smashing the Myths of Women in Business, is a corporate anthropologist and founder of Simon Associates Management Consultants (www.simonassociates.net). A trained practitioner in Blue Ocean Strategy®, Simon has conducted several hundred workshops and speeches on the topic as well as consulted with a wide range of clients across the globe. She also is the author of the award-winning book On the Brink: A Fresh Lens to Take Your Business to New Heights. Simon has a successful podcast, On the Brink with Andi Simon, that has more than 125,000 monthly listeners, and is ranked among the top 20 Futurist podcasts and top 200 business podcasts. In addition, Global Advisory Experts named Simons’ firm the Corporate Anthropology Consultancy Firm of the Year in New York – 2020. She has been on Good Morning, America and Bloomberg, and is widely published in the Washington Post, Los Angeles Times, Forbes, Business Week, Becker’s, and American Banker, among others. She has been a guest blogger for Forbes.com, Huffington Post, and Fierce Health.

Global AI Spending to surge by 120% and hit $110bn by 2024

By Jastra Kranjec

Recent years have witnessed a swell in the adoption of artificial intelligence solutions, revolutionizing industries, and helping businesses boost growth. The rising volume and complexity of business data are set to continue driving AI adoption in the following years, causing a surge in global AI spending.

According to data presented by BuyShares.co.nz, global artificial intelligence spending is expected to surge by 120% and hit $110bn by 2024.

Global AI Spending Jumped 33% YoY, Despite COVID-19 Crisis

Businesses across the world use AI technology to be innovative and scalable. Using automation, deep learning, and natural language processing can improve their decision-making, efficiency, speed, and help predict trends.

In 2015, companies and organizations worldwide spent $5bn on implementing AI systems in their business, revealed the IDC 2020 Worldwide Artificial Intelligence Systems Spending Guide. In the next three years, this figure jumped five times to $25bn. Statistics show that 2019 witnessed a $37.5bn worth of investments into AI business solutions, a 650% jump in four years.

Increased investments in AI technology continued in 2020, with organizations expected to invest $50.1bn in AI systems, despite the COVID-19 crisis. The following years are set to witness remarkable growth in global AI spending, with the figure surging by almost 120% to $110bn by 2023. 

Automated customer service, sales process automation, automated threat intelligence and prevention, and IT automation were the leading use cases for AI in 2020, accounting for nearly a third of total AI spending this year. However, the IDC data show that automated human resources, IT automation and pharmaceutical research and discovery are the fastest-growing use cases.

Life Sciences and Retail Lead in Adoption of AI

The IDC data indicate the retail industry and the banking sector are expected to spend the most on AI solutions in 2020. The retail companies primarily focused their AI investments on improving customer experience via chatbots and recommendation engines. Banks are expected to keep investing in AI-driven fraud prevention and program advisors. Discrete manufacturing, process manufacturing, and healthcare round out the top five industries for AI spending this year.

The life sciences sector, including biotech, pharma and biomedical companies, has the most significant share of organizations that have adopted AI, revealed the Capgemini`s AI-Powered Enterprise survey.

Statistics show that 67% of organizations operating in this market adopted AI at scale, while another 33% launched AI pilots that are still undeployed in production. The retail industry ranked second, with 51% of companies utilizing artificial intelligence technology. The consumer products sector follows with a 44% share.

The Capgemini data show the automotive industry represents the fourth-leading sector, with 17% of companies successfully using AI in production. Another 49% of automotive companies have deployed a few use cases in production on a limited scale. The telecom industry follows, with a 14% and 57% share, respectively.

The full story can be read here: https://buyshares.co.nz/2020/10/20/global-artificial-intelligence-spending-to-surge-by-120-and-hit-110bn-by-2024/

Rita Azar Illustrates an Eyewear Article for 360 MAGAZINE

Luxottica Hacked

By Justin Lyons

According to Italian press sources, Luxottica was the victim of a cyberattack Saturday.

Luxottica owns eyewear brands like Oakley, Ray-Ban, Coach, Chanel and Versace as well as retail brands like LensCrafters, Sunglass Hut and Target Optical. It is the largest eyewear company in the world with more than 80,000 employees.

SecurityOpenLab, an Italian cybersecurity site, said its sources confirmed Luxottica offices suffered a complete system failure due to ransomware attacks, shutting down operations in Italy and China

SecurityOpenLab also said union sources confirmed that workers received an SMS message saying the second shift on Sept. 21 had been suspended.

Users began reporting an inability to reach sites for LensCrafters, Sunglass Hut, Ray-Ban and other Luxottica brands on Saturday. It was also reported that One Luxottica, a user portal for the company, was down, but it appears to be up again at the time of writing.

BleepingComputer spoke to Bad Packets, a cybersecurity firm, who told them Luxottica used a Citrix ADX controller device, which is vulnerable to CVE-2019-19781, a flaw in Citrix devices.

This flaw is exploited by ransomware actors as it provides network access and credentials used to deeper infiltrate a network.

Luxottica took the servers to its eyewear brand websites offline. While websites for Oakley, Ray-Ban, Coach and more are accessible now, a manager at LensCrafters storefront told 360 MAGAZINE that the Ciao operating system crashed Saturday and that they still have little to no ability to process insurance or complete transactions.

Though Luxottica has not made a public statement, the same source told 360 MAGAZINE that IT support was unavailable while systems were down. LensCrafters is currently logging orders for a later date when systems are back up.

360 was also told that LensCrafters will offer 50% off frames and lenses for the inconvenience to customers.

Pine-Sol x COVID-19

By Justin Lyons

The United States Environmental Protection Agency approved Pine-Sol Original Multi-Surface Cleaner to be added to a list of disinfectants proven to kill SARS-Cov-2.

According to a press release from The Clorox Company, a third-party testing company found that Pine-Sol killed SARS-Cov-2 on “hard non-porous surfaces” within ten minutes of contact.

The entire list of approved disinfectants, including many others from The Clorox Company, can be seen by clicking right here.

The key appears to be glycolic acid, as it is listed as an active ingredient in killing SARS-Cov-2 by the EPA and is listed in the ingredients for Pine-Sol Multi-Surface Cleaner by SmartLabel.

The press release pointed out that 58% of black millennial women are essential workers during the pandemic, putting them on the front lines and, therefore, at high risk of contracting the virus.

40% of black millennial women also expressed concern about access to disinfectants that kill SARS-Cov-2, while over 60% are concerned about keeping their families safe, keeping themselves safe and their financial stability.

While things like bleach, disinfectant wipes and Lysol sprays remain in high demand and difficult to find, Pine-Sol could help the fight against COVID-19 inside homes.

Chris Hyder, vice president and general manager of the cleaning division at The Clorox Company, looks at Pine-Sol’s availability as an important factor.

“With a long-standing history of being a powerful cleaner and disinfectant, and the trusted brand choice within the Black community, Pine-Sol® Original Multi-Surface Cleaner now offers the clean families have trusted through generations with the protection they need right now against the spread of SARS-Cov-2, the virus that causes COVID-19,” Hyder said. “We hope this new Pine-Sol® kill claim will increase access to disinfectants that can help prevent the spread of COVID-19.”

The Clorox Company’s press release also explained the most effective way to use Pine-Sol on household surfaces.

First, apply Pine-Sol with a clean sponge or cloth to the surface. Then, wet the surface and allow ten minutes to kill SARS-Cov-2 before finally rinsing area. The Clorox Company also advised removing excess dirt and dust with a pre-clean prior to using Pine-Sol.

The EPA’s list of approved disinfectants says additional products may be effective against SARS-Cov-2, and they will update their list as needed. They also advise following the directions on all product labels for safe and effective use.

It is possible that products not on the list could work against SARS-Cov-2 if it has an EPA registration number and lists human coronavirus as a target pathogen.

PUMA x R H U D E Cell King

PUMA x R H U D E Cell King

PUMA and R H U D E, an LA-based streetwear brand, are back together for the newest addition to their co-branded collection, PUMA x R H U D E Cell King.

The PUMA x R H U D E Cell King isn’t just a shoe. It’s a street statement. Drawing inspiration from the original PUMA KING shoe, the PUMA x R H U D E Cell King features football-like stitching and the debossed R H U D E logo on a removable tongue piece.

The shoe feels vintage, aligning with R H U D E’s color palette while adding a suede form stripe and a midsole that suits the time and the look.

The new PUMA x R H U D E Cell King will retail for $150 on PUMA.com and in PUMA retail stores beginning Sept. 5.

For over 45 years. Serengeti® has been committed to developing the world’s most advanced sunglass lens technology.

Serengeti® Raffaele

For over 45 years, Serengeti® has been committed to developing the world’s most advanced sunglass lens technology. Then again, innovation has no limits, and Serengeti® was born and recognized in 1982 as Americas Top 100 products, bringing the exclusive Photochromic and Spectral Control® lens technologies to the sunglass market.Both elegant and strong, the Serengeti® Raffaele is iconic in shape. As a powerful brand, timeless and incredible products highlight its innovation and performance. RX approved with the objective of providing the best protection and the clearest vision, as well as outstanding comfort.

Classic Collection

Timeless designs and premium stylish frames are diverse and offer the highest visual clarity, due to its high-end ultra-thin mineral lenses. The most vintage shape of the Serengeti collection combines a pantos round shape with a trendy keyhole. Embellished with delicate metal inserts, this unisex design gives its wearer a deceptively retro look. Available in Shiny Crystal, Matte, and conventional Black.

360 MAGAZINE, illustration

How to Pick the Right Jeans for Your Body Type

Read on to learn about the different types of jeans to make the right choice for your body type, style, and budget here.

A whopping 450 million pairs of jeans are sold every year in the United States alone. 

With so much denim on the market, it can be tough to decide which types of jeans you need. Indeed, different styles of jeans will flatter different shapes and sizes. What looks best on the mannequin might not suit your silhouette. 

We’re here to help you with that. Here are the best types of jeans for each body type. 

Boyfriend Jeans

Let’s start with a comfortable favorite — boyfriend jeans. 

This style is meant to be slouchy and baggy as if you borrowed your beau’s denim for the day. 

For the most part, boyfriend jeans flatter athletic or apple shapes. If you do opt to wear them, pair your pants with a more fitted top to balance out the bagginess of your jeans. 

Bootcut Jeans

Bootcut jeans fit closely in the thighs and hips but flare out around the ankles. This style elongates the leg, but that’s not all. The added fabric at the bottom can balance out curvier hips. 

That’s why bootcut jeans look especially great on hourglass figures or pear-shaped wearers.

Take your bootcut jeans to the next level by pairing them with a heeled bootie or pump. They’ll elongate your legs even more effectively this way. 

As for your top, you can wear just about anything with bootcut jeans. They’re so versatile, which is why they keep coming back into style. 

Flared Jeans

Perhaps the bootcut style isn’t enough of a statement for you. You’re in luck — you can wear flares instead. 

They provide you all the same benefits as a bootcut pair of jeans. They elongate your legs and balance out fuller hips. Pear and hourglass figures look particularly incredible in this jean style. 

However, you do have to make sure you don’t overwhelm your silhouette with massive flares. As a standard rule of thumb, have yours tailored so that they just graze the floor. 

You can make them even more flattering by pairing them with heels, which will make your legs seem longer. Then, slip into a billowy 70s-style top or a tighter tee to show off your hips. 

Mom Jeans

Mom jeans fit high on the waist and accentuate your hips and bum. They then fit more loosely in the legs. 

You may wonder how to style mom jeans, considering they’re a throwback fashion choice. However, you can make them feel fresh with a simple white t-shirt or a 90s shirt for a completely vintage look. 

No matter how you wear them, know that mom jeans will look particularly flattering if you have an hourglass figure. You can also use them to create a curvier waist if you have a more athletic build. 

Straight Leg Jeans

There’s a slight difference between straight leg jeans and skinny jeans. These have the same straight-up-and-down style, but they’re slightly less clingy in the legs. 

As such, straight leg jeans might be your more comfortable option, if you’re not a fan of skinny jeans. In particular, though, this style flatters hourglass shapes, athletic builds, and apple shapes. 

You can easily pull off a business casual look with straight leg jeans. Your tailored trousers look perfect with ballet flats and a blazer for the office. 

Of course, you can wear straight leg jeans for the weekend, too. Pair them with sneakers and a t-shirt for the perfect comfy-casual look.

Skinny Jeans

On that note, let’s discuss skinny jeans.

The name may imply that they flatter a specific body type, but skinny jeans get their name from their fit. They’re supposed to hug your thighs and calves down to the ankle. In comparison, straight leg jeans aren’t tapered to your ankle like skinny jeans are. 

Most skinny jeans come in comfortable, stretchy fabric to create this effect. Better yet, they look good on every body shape. 

If you want to make your skinny jeans more flattering, though, choose the right color. Pear and hourglass figures will look best in dark wash denim. Meanwhile, those with apple or athletic shapes will wow in lighter hues. 

Balance out your skinny jeans with looser, oversized tops. Of course, you can go full wow and partner them with a shirt that hugs your body. Va-va-voom!

Low-Rise Jeans

You don’t just have to consider the cut of your denim — different rises will flatter your body differently, too. 

Low rise jeans sit about two inches beneath your belly button. They can seriously flatter hourglass figures, showing off your curves. They also look fab on athletic bodies. 

You can easily find low-rise skinny and straight-leg jeans. For more retro styles, such as mom jeans, you’d be hard-pressed to find them in this more modern cut. 

Mid-Rise Jeans

Next, you have mid-rise jeans, which sit just beneath your belly button. Most people look great in this style. Plus, they look good with just about any type of top. 

So, when in doubt, go mid-rise. You should be able to find most of the above jeans styles in mid-rise cuts, too. 

High-Rise Jeans

Finally, you have high-rise jeans, which sit above your navel. The retro-inspired cut flatter hips and whittled waists.

You can also use high-rise jeans to create curves on a more athletic build. 

Which Types of Jeans Are Best for You? 

Fashion is ever-changing, and so are the types of jeans that are in style. With the above guide, though, you know the basics of which jeans will flatter which body types. 

And, with that information, you can find the pair best suited to your shape. So, find them, try them on and see just how fabulous you look in the right jeans. And tell us your favorite style of jeans in the comments section below. 

CHIA PET × KIDROBOT

What happens when Frank Kozik’s iconic pop art figure the Labbit collides with the classic nostalgia of Ch-ch-ch-chia? A glazed terracotta, mustache wearing, butthole baring, cigarette smokin’, pack-Labbit, of course. Introducing the newest creation by world-renowned artist and Kidrobot Chief Creative Officer, Frank Kozik, the Chia Pet Smorkin Labbit Terracotta Art Figure. Whether it’s on your kitchen windowsill, given prominent placement on your coffee table, or on your bedroom nightstand watching you while you sleep at night, this limited edition Chia Labbit is a must-have home companion that will definitely start some conversations with guests. Plus… It’s a Chia Pet!  Apply the chia seeds (packet provided) and water and your smoking Labbit friend will be lighting up and sprouting in no time!
 

Each figure retails for $29.99. Three limited-edition versions are now available in the USA:

  • Black Edition – Limited edition of 400.  Available for order only on Kidrobot’s website at Kidrobot.com.
  • Orange Edition – Limited edition of 200.  Available for order only on Kidrobot’s website at Kidrobot.com.
  • White Edition – Limited edition of 400.  Available for order at Kidrobot authorized art toy retail stores which can be found with Kidrobot’s Store Locator: https://www.kidrobot.com/apps/store-locator/

Why Use the Internet to Find Loans? 

Loans are something that many of us are looking for. Whether it’s because we want to buy a new car, get a mortgage, or just pay off some debt, it’s pretty important to see what you can find. The traditional way to get one used to be going to the bank – but that has changed as time has gone on. 

Nowadays, more and more people are turning to the internet in order to ensure that they can get the loans that they need. Here are some of the main reasons that the internet is a great option if you’re looking for a good loan. 

More often than not, you will be able to get instant approval (or close to it) when you are applying for loans online, They often have some sort of instant approval process based on your credit score and other pertinent information that you can provide to them. 

Faster

For example, if you’re looking at online payday advance loans with Personal Money Network, you can apply for it and get it in the same day. Now, payday advances don’t typically require a credit check, so it’ll go much more quickly. You can find lots of loans that provide this same sort of quick response if you look online.  

Convenience 

Who doesn’t want to be able to research anything and everything about potential loans from the comfort of their homes? Instead of carving hours and days out so that you can connect with people about loan options, you can look online whenever you have the chance to do so. 

This is also a big deal if you’re someone that works strange hours, which makes it hard for you to get somewhere that you can actually talk with a lender face to face. The internet is always open and, while you may have to wait until the next business day to get a response, you will still be able to take care of things more conveniently.

Lastly, it’s convenient for those of us who have families or just don’t have the time to go out and do that work. It takes a lot of time to really figure out which loans are best and to compare information, so the ability to do it from home can be really useful. 

More Choices

The internet has a ton of choices, many of which would not typically be found in your geographic area. You may be able to tap into lenders from around the country, some of which can provide you with rates based on a variety of factors. Having that sort of reach can really help you with negotiating and ensuring that you’ve got what you need. 

Always be sure to do your research though – it’s easier to avoid shady lenders that way. You want to deep dive into every company that you’re considering and talk to others who have used their services in the past. That will give you a better idea of what to expect and you can rest assured that you’re not going to be dealing with a company that you can’t trust. 

Better Interest Rates 

Interest rates are one of the biggest comparison points when you’re trying to ensure that you are getting the very best loans for your efforts. The better your interest rate is, the easier it will be for you to pay it off within a reasonable amount of time.  And, if you’re only going to physical branches to seek out the info that you need about different loans, then you may be missing out on things. 

Look for financial institutions that are willing to work with you so that you’re going to be able to find a solid interest rate. It’s not necessarily easy to compare your options using Sambla’s money borrowing calculator, but as you explore, you will find that there are a lot of different options that you can work with. And, some lenders are going to be a lot easier for you to communicate with and work with than others, which can be a big part of the process. 

Look at what you can learn and see what there is to get your hands on. If you research well and figure out what it is that is best for your purposes, you’re sure to find something that works in your favor. Figure out what it is that you want from a loan and see what others have to say. In the long run, the extra research can be a really helpful part of the process of searching for a great loan from Sambla Sweden

FRIDAY SMART LOCK, 360 MAGAZINE

FRIDAY HOME

It’s a popular time for homeowners and renters to make home improvements and upgrades. One addition many people are making is the installation of a smart lock. I wanted to share some information with you about FRIDAY Home‘s recently updated smart lock in case you might be working on a story for your viewers.

How inconvenient is it to forget a key and be locked out of the house?

How stressful is it to carry multiple things inside and struggled to
find a key? How much easier would it be if the front door just unlocked automatically? Well now it can. We’d like to introduce you to Friday Home’s newly updated smart lock.

Known as the world’s smallest smart lock, the Friday Home smart lock
securely connects to phones wirelessly, giving the resident the ability to lock or unlock the door as well as effortlessly share access with friends and family.

The Friday Home smart lock is able to retrofit most standard deadbolts, making it accessible to both homeowners and renters. It can recognize residents via their phone as they approach, unlocking the door automatically, or can be unlocked manually using the Friday Home app or a physical key. Friday Home’s smart lock is compatible with iOS and Android and includes are chargeable battery with a very long life span. And because all the mechanics are located on the inside of the door, this smart lock will not entice potential burglars to tamper with it, because it looks like a standard deadbolt from the front.

Not only is the functionality of this lock amazing, but so is the design. The Friday Home smart lock is designed by Danish architect BIG – Bjarke Ingels Group. Their goal was to create something with beauty and simplicity. Friday Home’s unique shape is striking yet ergonomic and a perfect fit for any home (plus it has no ugly keypads or touch pads to distract from the style). And it comes in six different finishes to complement a home’s decor.