How many of us have ever wanted to become the most valuable person in our profession and/or professional position? As I continue to improve and become a more efficient leader within the automotive industry and sales profession; as a whole, I’ve been fortunate to learn from the best in the business.  This concept of being […]

The post 5 Ways To Become A Master Communicator first appeared on Addicted 2 Success.

The post 5 Ways To Become A Master Communicator appeared first on Addicted 2 Success.

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Dr. Christopher Gilbert, author of the award-winning book The Noble Edge is a senior international ethics consultant and popular keynote speaker joins Enterprise Radio. He is the co-founder of NobleEdge Consulting and travels the globe to spearhead trust building and business sustainability programs.

The post The Noble Edge: Reclaiming an Ethical World One Choice at a Time appeared first on Enterprise Podcast Network – EPN.

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Sometimes, a painting in words is worth a thousand pictures. I think about this more and more, in our compulsively visual culture, which increasingly reduces what we think and feel and see — who and what we are — to what can be photographed. I think of Susan Sontag, who called it “aesthetic consumerism” half a century before Instagram. In a small act of resistance, I offer The Unphotographable — every Saturday, a lovely image in words drawn from centuries of literature: passages transcendent and transportive, depicting landscapes and experiences radiant with beauty and feeling beyond what a visual image could convey.

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Retail activity was flat in July as falling fuel prices held back gas station sales and consumers turned more heavily to online shopping, the Census Bureau reported Wednesday.

While advance retail sales were unchanged, total receipts excluding autos rose 0.4%. Economists surveyed by Dow Jones had been looking for a 0.1% increase in the top-line number and a flat total ex-autos. June’s gain was revised down to 0.8% from 1%.

Retail and food sales excluding gasoline and autos rose 0.7% from a month ago.

The numbers are adjusted seasonally but not for inflation, and come during a month when the consumer price index also was flat.

A tumble in fuel prices off their record nominal highs pushed down sales at the pump, with gas station receipts off 1.8%. Motor vehicle and parts dealers sales also fell sharply, declining 1.6%.

Gas prices had eclipsed $5 a gallon in many locations earlier in the summer, but fell through July and most recently were at $3.94 a gallon for regular unleaded, according to AAA.

“People appear to have used some of the savings from lower gas prices to spend more on other items, both in nominal and — very likely — real terms,” wrote Ian Shepherdson, chief economist at Pantheon Macroeconomics. “Auto sales have been severely constrained by the chip shortage, so pent-up demand likely is substantial. July’s other losers were department stores and clothing retailers, but all these components are noisy and subject to revisions.”

Those pullbacks in gas and auto sales were offset by a 2.7% increase in online sales and a 1.5% gain in miscellaneous stores.

Consumers have been fighting to keep up with an inflationary environment that has seen prices overall increase 8.5% from a year ago, close to the highest level in 40 years. Price rises have been especially pernicious in the food and energy category; even with the July slide in energy prices, gas station receipts climbed 39.9% from a year ago.

July provided some respite from inflation pressures, and the decline in fuel costs particularly allowed consumers to spend elsewhere.

Food sales rose just 0.2%, however, even as the food price index as measured by the Bureau of Labor Statistics increased 1.1% for the month. Sales at bars and restaurants also struggled, rising just 0.1%.

Some retailers also have struggled in the current environment.

Target on Wednesday said its earnings tumbled close to 90% from a year ago as it has had to mark down prices on unwanted inventory.

The Federal Reserve has been using interest rate increases to hold back inflation. The central bank enacted consecutive 0.75 percentage point hikes in June and July and is expected to keep moving rates higher until inflation comes down to the Fed’s 2% goal.

Correction: Target on Wednesday said its earnings tumbled close to 90% from a year ago. An earlier version misstated the metric.

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