Hot-sauce sales have risen by 150% since 2000, easily the best improvement among condiments. Tabasco, which owns about 18% of the market, is developing new flavors but is struggling to fend off newcomers such as Huy Fong, the dominant Sriracha manufacturer, and Chung Jung One, an up-and-coming Korean sauce-maker. "What we're seeing is that the hot-sauce consumer is becoming more sophisticated," says Tabasco CEO Tony Simmons.
If you have a sales drought, don't despair -- work through it instead. Revisit your sales target and rebuild your prospect base. Consider coaching as well as "reinventing your environment," which could be as simple as taking a day off.
Student health has a direct effect on learning -- particularly among low-income students -- according to a report from the Education Commission of the States. Authors suggest three ways to help address the gaps between health and academic performance, including adopting proven programs, such as ACSD's Whole Child School Model.
Central bankers from Europe, the UK, Japan, Turkey, South Africa, Mexico, Russia, Canada, India, Brazil, the US and many other nations are meeting in Jackson Hole, Wyo., to discuss monetary-policy issues. Federal Reserve Vice Chairman Stanley Fischer is set to speak Saturday and is expected to offer insight into when the central bank will increase interest rates. Bank of England Governor Mark Carney also is scheduled to speak Saturday.
Technology has fueled a shift in site selection from an art to a data-driven science, writes John Todd, Fiesta Restaurant Group's chief development officer. "The data narrows our 'pins on the map' from large trade areas to neighborhoods -- even street corners -- that contain the customers most receptive to our concept," he writes.
The American Academy of Dermatology has identified five dermatologic tests or treatments, such as using skin prick or blood tests for evaluating eczema, that may be unnecessary. The list was released as part of the Choosing Wisely program. The group also advised against the routine application of antibiotics for bilateral swelling and lower leg redness, and the use of systemic corticosteroids for long-term dermatitis treatment.
The advancement of virtual-reality technology such as Samsung Gear and Oculus Rift has created an opportunity for business-to-business marketers to give customers the experience of a product or service before they buy, David Kirkpatrick writes. Companies including General Electric say they're starting to see its potential as a storytelling tool.
Wal-Mart will launch its holiday layaway program on Friday, two weeks earlier than last year, and shoppers will have 90 days instead of 60 to pay off the total, the retailer said Thursday. Wal-Mart brought back layaway in 2011 after dropping it five years earlier, and this week's layaway launch coincides with the retailer's "Toy Week" promotion.
Apple sold 3.6 million Apple Watches last quarter, IDC reports, ranking the company second in the market behind Fitbit, which shipped 4.4 million devices. "Consumers expect their wearables to do more than simply count steps, just as they expect to do more than just make phone calls with their handsets," Argus Insights CEO John Feland said.
The FDA is asking US food companies for samples of pathogens that have been detected at their facilities during inspections to support its efforts of sequencing the genomes of food pathogens, such as salmonella and listeria, that are commonly found in sick patients. The agency hopes that sequenced genomes, which will be stored at a National Institutes of Health database, will help experts link patients with an outbreak and identify outbreak sources.
Apple and North American Bancard have forged a partnership that come September will enable smaller retailers to buy a $40 PayAnywhere card reader that plugs into iPhones and iPads and works with Apple Pay as well as other mobile-payment systems that support near-field communication technology.
The disaster at the Fukushima nuclear power plant in Japan has forced plant designers to look at the construction of nuclear power plants from both a safety and sustainability aspect. Bechtel's Sanjeev Malushte and Purdue University civil engineering professor Amit Varma explore some options that could accomplish that, including increasing the resiliency of reinforced concrete, incorporating seismic isolation methods and using steel-plate composite construction.
About a seventh of the world's tropical forests will be lost to deforestation by midcentury, and the clearing and burning of that land will boost global emissions by 169 billion metric tons of carbon dioxide, a study says. Rigorous carbon pricing could roughly halve deforestation-related emissions, researchers say.
Hawaiian Airlines uses scenic backdrops from the islands for its new safety video, which also features employees and their families. Other airlines have also revamped once-stodgy safety videos with a lighter touch.
The Airport Regional Rail Line, serving Philadelphia International Airport, will provide special service when Pope Francis visits the city on Sept. 26 and 27. Travelers will be able to purchase "papal passes" to receive priority boarding on the train. The airport line will provide express service to two stations in the city's center.