In this paper, we study the outcome of an unusually clean natural experiment--California’s large minimum wage increase of 1988. Two different approaches to evaluating the experiment result in the same conclusion: the textbook analysis of minimum wages holds true. In particular, we find that employment growth in California’s low-wage retail trade industry was slowed by the minimum wage increase....

The commercial bait trade is one pathway for aquatic invasive species (AIS) introductions, as non-target bait species can be accidentally sold to anglers who either inadvertently or intentionally release them while fishing or as excess bait. Prevention of AIS introductions via the bait trade requires a two-tiered management approach, which includes both regulation of the bait industry and angle...

Retail industry poses typical enterprise computing challenges, since a retailer normally deals with multiple parties that belong to different organizations (i.e., suppliers, manufacturers, distributors, end consumers). Capable of enabling retailers to effectively and efficiently manage merchandise transferring among various parties, Radio Frequency Identification (RFID) is an emerging technolog...

The growing prevalence of electronic commerce and the widespread use of mobile devices have made mobile payments an interesting alternative method of payment for customers and merchants. One major issue to be resolved is the integration of a real-time wireless means of payment within their current payment system. In this paper, we propose an architecture of mobile payment system to improve busi...

Revenue Management (RM) has been successfully applied to many industries and to various problem settings. While this is well reflected in research, RM literature is almost entirely focused on the dynamic pricing problem where a perishable product is priced over a finite selling horizon. In retail however, the static case, in which products are continuously replenished and therefore virtually im...

Purpose The purpose of this paper was to assess and determine the impact five core technologies Industry 4.0 (3D Printing, Big Data Analytics, Cloud Computing, Internet Things (IoT) Robotics) on organizational performance retail industry in context Pakistan. Design/methodology/approach Pakistan's chosen as target sector, population composed senior-level employees, including managers from first-...

The impacts of the evolving information technology (IT) on organisations, markets, industries, and economies have been researched intensively. Aspects studied have included productivity, employment, business value, markets, organisation, and industry structure, to name a few. With the increasing availability of panel data spanning longer periods, it is now possible to study the relatively longe...

Lighting plays an important role in supporting retail operations, from attracting customers, to enabling the evaluation of merchandise, to facilitating the completion of the sale. Lighting also contributes to the identity, comfort, and visual quality of a retail store. With the increasing availability and quality of white LEDs, retail lighting specifiers are now considering LED lighting in stor...

Some retail payment systems can be modelled as two-sided markets, where a payment system facilitates money exchanges between consumers on one side and merchants on the other. The system sets rules and standards, to ensure usage and acceptance of its payment instruments by consumers and merchants respectively. Some retail payment systems exhibit indirect network externalities, which is one of th...

The Indian retail industry continues its growth trajectory on to 2011. India has emerged as the hottest retail destination. Most of the organized retailing in India has started recently and is concentrating mainly in metropolitan cities. The growth of Indian organized retail market is mainly due to the change in the consumer behavior. This change has come in the consumer due to the increased in...