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By Bruce A. Barteldt, Jr.
ROI IS LIKE THE HOLY GRAIL for the industry. But so often, it is more like “Monty Python’s Holy Grail” (“bring out yer dead. ... bring out yer dead. …”).
The pursuit of measurable ROI is a worthwhile pursuit—we should always be focused on a measurable return on a design investment. But the key word here is “design.” This is where it gets rather dicey. Because in reality, measuring pure design ROI is next to impossible.
So there, I said it.
Any...
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While we are seeing signs of an improving economy, we are also seeing rising costs associated with our businesses. The usual suspects of rising costs are there, including payroll, health care insurance, workers’ compensation, property and casualty insurance, and freight costs. In addition, most recently we are seeing large increases in the costs of raw materials. Those of us that manufacture wood fixtures are facing soaring prices for most varieties of wood.
Russ Taylor, president of Wood...
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It is Gasparilla season in Tampa, Fla., and that means pirates, parades, parties, art festivals, music festivals, world-class running events, and more pirates. Every year since 1904, the Mayor of the City of Tampa is forced to give up the key to the City to the Captain of the Ye Mystic Krewe of Gasparilla (a band of pirates). This year hundreds of thousands of visitors lined Bayshore Boulevard to celebrate one of Tampa’s greatest traditions.
While the celebration continues...
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Wow—what a Summit! This year A.R.E.’s General Management Committee put together a great program for the association’s 57th Industry Summit at the Arizona Biltmore in Phoenix in November. Our speakers offered insights into topics ranging from the economy and retail spending to health care and personal performance. We learned about those retailers who are innovating, while gaining insight into the future of the shopping experience.
The economy, while not robust, is moving forward in a positive...
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By Brad Stewart
Hera Lighting, Norcross, Ga.
Return On Investment – ROI
A performance measure used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. To calculate ROI, the benefit (return) of an investment is divided by the cost of the investment; the result is expressed as a percentage or a ratio.
WOW! There’s nothing like a good solid definition of ROI to get you up and running in the morning, right?...
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