BALTIMORE, MD, May 13, 2025 – As communities across the United States continue to confront the devastating toll of mass shootings, new research reveals a staggering economic dimension to these tragedies. A study published in the INFORMS journal Marketing Science finds that mass shootings cause an estimated $27 billion in annual lost revenue for U.S. retailers driven by sharp declines in foot traffic, reduced transaction volume and long-term store closures.
BALTIMORE, MD, May 13, 2025 – Researchers who took a close look at loosened concealed carry laws between 2010 and 2017 have found that “Shall Issue” regulations, which remove local authority discretion on the issuance of concealed carry gun permits, contribute to a significant increase in handgun purchases. At the same time, the researchers found that in states that adopted “Permitless Carry” policies, there was no noticeable change in gun purchases.
With sweeping new tariffs on Chinese-made products set to take effect this summer, Americans are being urged to prepare for price hikes on everyday goods. President Donald Trump's reinstated trade policies are expected to affect a wide swath of consumer imports, including electronics, furniture, appliances, and baby gear. Retail experts are advising shoppers to act before the tariffs hit and prices rise.
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Whatever part of the world you're in, you've been a part of a room where COVID19 or the Coronavirus, as it is more commonly known, has been mentioned. People in many, if not all parts of the world, are fearful over the pandemic.
Illinois beat writer SCOTT RICHEY is taking regular stock of where the Illini might end up once Selection Sunday arrives on March 15. Here are the latest updates as of Monday.
There was a moment maybe, like, three years ago when fashion was very heavily intrigued by drones. The verb used here is intentional: I wouldn't go so far as to say "obsessed with," because one runway show with drone "models" — whirling slabs of machinery clutching bags in their robot talons — does not an infatuation make. But the intrigue was abundant: Many a think piece declared drones to be "the future" of fashion and retail, referencing megaliths like Alphabet and Amazon that were — are — actively testing drone deliveries, like it's already 2045 and we have both flying cars and a woman president.
The mundane 'Monday blues effect' after the weekend might actually be a scientific phenomenon, suggests a new study. The researchers from the Lehigh University's College of Business conducted the study which was published in the journal - Information Systems Research.
On subjects from climate change to knife crime and racism in recruitment to kidney transplants, business school professors are conducting research geared towards making a positive impact on society.
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