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Baby Boomers Vs. Millennials: Eerily Similar?

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This may be due to the fact that major cities throughout the country, like Boston and New York City, are seeing significant rental price surges. For example, boomers who grew up with ‘the 30 percent rule’ find the new standards of rental prices to be especially unaffordable.”.

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Crypto 2020: One Step Up; Two Steps Back

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Square, for example, said in its latest earnings report that revenue from bitcoin trading came to $1.6 The Federal Reserve said this year that its Boston bank is working with the Massachusetts Institute of Technology (MIT) to explore the possibility of issuing digital currency.

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Clienteling Gives Retailers COVID-19 Interaction Options

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According to Boston Retail Partners , 63 percent of retail personnel can’t identify customers prior to checkout. For example, by having a customer profile a store associate can engage with customers based on past purchases, preferences and interests. They can also send customers attachments from a photo library.

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Retail Personalization May Not Come Soon

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Research from Boston Retail Partners (BRP) and Manhattan Associates shows that while 70 percent of surveyed North American retailers understand the importance of personalization and are putting it at the top of their objectives list in 2017, many don’t have any actual plans to put the wheels in motion for a few years out.

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Nonprofit Supports Community Entrepreneurs Amid Pandemic

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“Quite the contrary,” says Bob Brennan, chairman of the National Expansion Council and one of the directors of a nonprofit organization called Entrepreneurship for All (EforAll) based in Boston, Massachusetts. “I They don’t have VC funds. Its accelerator is a year-long program offered twice a year at no cost to participants.

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Why Health And Beauty Retailers Are Driving Digital Innovation

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In some cases, retailers are using social media tools such as Instagram to post promotions and product tutorials — or interact openly with consumers about their offerings. percent — said ordering products and services through social media was a motivation for innovation.

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McDonald’s Big Mac ATM

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Other global competitors have beaten McDonald’s to the punch tech-wise — Starbucks, Domino’s and Taco Bell, for example, are years ahead of Mickey D’s when it comes to ordering online and using digital tools to enhance the consumers’ experience. Kenmore Square, Boston will activate what it calls a “customized digital Big Mac ATM.”

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