Business and Economics

Business and Economics News

Ecommerce; the ticking timebomb

By Jack Peat, Editor of The London Economic Watch Shop is symbolic of how evolutionary pressures on the ecommerce market could manifest themselves in the future. It wasn’t until a recent musing on the London Underground that I realised the potential of specialisation on the web. An advert for Watch Shop - a specialised ecommerce store operating within a hugely diverse market - had me pondering how the ecommerce market is likely to look in the future. It seems probable...

The Throne of Games

By Adam Walker, Economic Correspondent   Is the Video games industry our Christmas Saviour? As the Christmas season begins to move into its busiest period the commercial world’s focus has been firmly fixed on the videogames industry. With a multitude of Triple A game titles being released across 2013 and one of the most highly anticipated console wars heating up, the holiday period is sure to see soaring demand from consumers. However, the importance of this games war goes beyond...

Exclusivity killed the apple

By Jack Peat, Editor of The London Economic Practising exclusivity whilst preaching connectivity is an expensive mistake to make, particularly as competitors start to offer the same level of functionality without mandatory membership to 'the club'. Throughout its lucrative history, Apple has relentlessly raised the technological bar by consumerising software and hardware that has fundamentally changed the fabric of society. Forest Gump and many others have made their fortune from investing in "some fruit company", but as they continue to...

The McDonaldization of British society

Britain's interpretation of a McDonaldized society. The effects of globalisation will result in the world becoming wedged between a bread bun and cheese-coated garnish - was my cursory understanding of George Ritzer's vision of a McDonaldized society. As panic spread across my face over the cosmological effects of such a bizarre looking planet, I decided to forgo contemporary reading habits and actually open the book – which got me thinking about a few British high street staples, and how they...

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