globalEDGE Blog - Page 5

So far this year, we have seen market fluctuations and consumers spending less, but Wingstop has emerged as an example of success in the fast-food industry. While major chains like McDonald’s and Starbucks have dealt with declining consumer spending, Wingstop has demonstrated remarkable strength. The success comes from strategic marketing, cautious pricing, and attractive product offerings.

Japanese 7-Eleven products have been brought to the U.S. As 7-Eleven CEO Ryuichi Isaka stated, the decision was to “change (their) business model from one that relies on gasoline and cigarettes to one in which customers choose us based on (their) products.” 

Over the past few months- and August of 2024, in particular- India has seen strikes and protest erupt across the country. These strikes, involving port workers, doctors, and farmers, have had significant adverse impact on both the national and global economies.

A wave of anti-tourism protests has hit Europe as residents in popular destinations push back against the overwhelming influx of visitors, with demonstrations flaring in the Netherlands, Greece, Italy, Portugal, and notably Spain.

The electric vehicle market is headlining global economic change. Trade tensions are on the rise between Western nations and China as the competition heats up. In recent months, Canada, the United States, and the European Union have all announced significant tariffs on Chinese-made EVs, aiming to protect domestic industries from what they deem as unfair competition.

Welcome back to the globalEDGE blog! We’re excited to announce that our regular Monday through Thursday posting schedule will resume on September 9th. Due to the Labor Day holiday, we will be posting from Tuesday through Thursday the week of September 2.

As the school year ends, we bid adieu to another year of student blogs! It has been another great year of writing to our dedicated readers. Our blogs covered everything from “Swiftonomics” to surges in the gaming industry.

As the world’s fourth most popular sport, tennis stands as a striking symbol of widespread appeal, beckoning millions of enthusiasts to courts and tournaments year-round. Major, or “Grand Slam,” tournaments, in particular, reel in millions of viewers and fans across various regions of the globe.

In the realm of marketing and advertising, understanding cultural nuances and perceptions is paramount for success. Different cultures perceive and interpret marketing messages uniquely, influenced by historical, social, and linguistic factors.

Over the years, sports betting has become one of people’s biggest hobbies as a possible source of partial income. In the United States, the industry made over 10.9 billion dollars in revenue in 2023, the highest it has ever been. Marking almost six years since the Professional and Amateur Sports Protection Act (PASPA) was passed, the act legalized entire sports betting, leading to a massive rise and benefits for the industry. With sports betting being an international phenomenon, various companies are merging worldwide to create a more extensive, robust network for people to watch sporting events.