If you don’t know about the Best Buy story, you should. They changed their approach to how they understand their customers, and have seen nothing but success since. A recent story in the FT neatly captures their approach.
Best Buy launched the “customer-centricity” concept in its US stores four years ago, gradually remodelling each [...]
Tags:Best Buy·Brad Anderson·Columbia·Columbia University·Dick Schulze·early technology adopters·Geoff Colvin·Larry Selden·United States
HT to Gong for this article from the WSJ.
Boom in ‘Dark Pool’ Trading Networks Is Causing Headaches on Wall Street
By SCOTT PATTERSON and AARON LUCCHETTI
May 8, 2008
When Cheryl Cargie, head trader at Ariel Investments LLC in Chicago, decided last month to buy 1.3 million shares of a midcap stock listed on the New York Stock [...]
Tags:AARON LUCCHETTI·Aite Group LLC·Ariel Investments LLC·BIDS Holdings LP·Boston·Cheryl Cargie·Chicago·Connecticut·Dark Pool·Duncan Niederauer·Erik Sirri·financial-software·Greenwich·H20 dark pool·head trader·Internet search engines·Investment Technology Group Inc·Lawrence Leibowitz·Liquidnet Holdings Inc.·Massachusetts·New York·New York Stock Exchange·NYSE Euronext·pool operators·Posit·Pragma Financial Systems·Rob Hegarty·SCOTT PATTERSON·secretive electronic trading networks·Securities and Exchange Commission·Seth Merrin·Tabb Group·TowerGroup·United States·Wall Street·Weeden & Co.·Westborough
From the ever inspiring Astronomy Picture of the Day comes this neat, animated visualization of air travel.
click to see the movie
~alex
Tags:air travel·United States
An interesting thing is happening in Chicago. While all year long the price of oil and ethanol has been climbing at a steady pace (no surprise there), the price of carbon in both Europe and Chicago has been fairly steady … at least until the end of January ‘08, when suddenly prices in Chicago [...]
Tags:Chicago·Europe·oil·United States
From the FT we learn: Amazon to enter US wine market
At this point, one has to ask, what won’t Amazon sell?
Best quote of the story is here:
Chris Adams, an executive at Sherry-Lehmann, a leading New York wine retailer, welcomed Amazon’s interest, saying it lent support to the view that states would ease restrictions. [...]
The Attention Economy
From Wikipedia
‘Across consumer markets, attention is becoming the scarcest – and so most strategically vital – resource in the value chain. Attention scarcity is fundamentally reshaping the economics of most industries it touches; beginning with the media industry.’
‘Attention economics” today is primarily concerned with the problem of getting consumers to consume advertising.’
The Experience [...]
Tags:beverage·Canada·Jasmine Green Tea·Linda Nazareth·media industry·Singapore·South Korea·United States
No doubt you’ve heard the news. Google’s stock is falling because people are not clicking on their vaunted text ads. Wall Street seems a bit confused about why people are clicking less on Google’s ads. This quote from the FT captures the confusion:
Mark Mahaney, Citigroup analyst, said the decline could be caused [...]
Tags:Brin·Citigroup·Google·internet audience·Mark Mahaney·online applications·search result page·search results·social networking sites·United States·Wall Street
There’s a whole new breed of investing sites out there these days, bringing power to the people (or the crowd, as the case may be). Covestor is one of the more interesting of these, and recently Co-Founder Perry Blacher graciously agreed to respond to some questions via email. Read on to find out what [...]
Tags:data aggregation technology·online broker accounts·Perry Blacher·same data aggregation technology·United States
I’ve been on Bet2Give pretty much since they’ve opened their doors to trading this fall. While I hate their use of the term “mashup” to describe it, I love the idea. Essentially, any earnings you make betting in the Bet2Give prediction market must be donated to charity. And it’s a neat way [...]
Tags:cents·Christmas·market maker·Michigan·NewsFutures headquarters·Norris Clark·United States·World Wildlife Fund·worst site
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