Rising commercial rents and the demise of the department store model pose an existential threat to Barneys and other icons of high-end retail. Source: Knowledge @ Wharton Bye Bye, Barneys? Why Luxury Is the Latest Retail Casualty

{$inline_image} Quick Sprout recommendations for web hosting services are based on months of research and testing. We’ll never point you to a product or service that we don’t believe in or have first-hand experience with. Our content is reader-supported, which means if you click on one of our links to a recommended web hosting service, Read more about Best Web Hosting Providers[…]

Laura Morgan Roberts, professor at the University of Virginia’s Darden School of Business, says that organizations are still falling short on promoting racial diversity, particularly in their most senior ranks. While many large companies have “inclusion” initiatives, most leaders still shy away from frank discussions about how the experiences of their black employees and Read more about 697: How African-Americans Advance at Work — And What Organizations Can Do To Help[…]

Companies often claim individuals’ data can be kept private if personally identifiable information remains hidden. But being anonymous is not easy, say experts from Penn’s Warren Center for Network and Data Sciences. Source: Knowledge @ Wharton Is Data Privacy Real? Don’t Bet on It

Wharton’s Hummy Song examines the common hospital practice of capacity pooling and whether it’s the best way to manage the mismatch between the number of patients and available beds. Source: Knowledge @ Wharton How Can Hospitals Best Manage the Uneven Flow of Patients?

Stories of success in China’s real estate market invariably come from the country’s largest firms. But not always. The stunning rise of China’s Zhongliang Group Limited is one such exception. Its triumph is a reminder that strategy, not scale, anchors a firm’s competitiveness. Zhongliang, founded in China’s entrepreneurial heartland of Wenzhou, experienced rapid national Read more about Beating the Giants: Zhongliang’s Strategy for Growth[…]

Uber needs to ensure that its core business of ride-hailing is profitable before diversifying into areas like bike rentals, say experts. Source: Knowledge @ Wharton What Will It Take for Uber to Become Profitable?

While many investors are concerned that the next recession is on the horizon, Wharton’s Jeremy Siegel says a slowdown is more likely in the short term. Source: Knowledge @ Wharton Wharton’s Jeremy Siegel: Prepare for a Slowdown, Not a Recession

Federal Reserve Bank of Philadelphia president Patrick Harker discusses interest rate policies, recession fears and whether central banks are ready to introduce a stablecoin cyrptocurrency, among other issues. Source: Knowledge @ Wharton Is the U.S. Economy Solid? Ask the Philadelphia Fed’s Patrick Harker

Julie Zhuo, Facebook’s VP of product design, started at the company as its first intern and became a manager at the age of 25. Like many first-time bosses, she made many missteps and acted how she thought managers were supposed to act. Eventually, she grew to find joy in the role and today she Read more about 696: The Challenges (and Triumphs) of a Young Manager[…]