Tag: Disrupted

A Disrupted Thanksgiving Leaves the Turkey Business Guessing

The calculations are tricky. Contracts to buy the baby turkeys called poults are often written a year in advance, and growing those poults to the proper size for the market takes months. Even if farmers wanted to raise smaller turkeys, it’s not that easy. Genetics, coupled with economically driven feed formulas, produce birds that mature at a predetermined size in a set amount of time.

“It’s not an industry in which you can quickly pivot,” said John Peterson, whose family has owned the 140-acre Ferndale Market in Cannon Falls, Minn., for 80 years. “For us to have any meaningful impact on changing anything for Thanksgiving, those decisions had to be made in March or April.”

Mr. Peterson is president of the turkey research and promotion council for Minnesota, the nation’s top turkey-producing state. About a quarter of the 160,000 turkeys he will grow this year will be sold for the

Read More

Disrupted Class, Restaurant Burglary: Elmhurst Cops

ELMHURST, IL — In recent days, Elmhurst police responded to issues involving a disrupted middle school class, a skate park fight, a burglary at a restaurant and driving violations. Here is information from the latest police reports:

  • Yohana Bellani Mejia-Cano, 20, of Addison, was cited at 7 p.m. Monday at Industrial and Grand on charges of no valid driver’s license and improper lighting. He was released on bond.
  • Tania Fernandez-Tania, 19, of Addison, was cited shortly before 9 p.m. Monday at York and North on charges of driving with a suspended license and failure to reduce speed to avoid an accident. She was released on bond.
  • Vitalino Galicia, 43, of Addison, was cited shortly after midnight Tuesday at York and Wood Glen on charges of no valid driver’s license and improper lane usage. He was released on bond.
  • Candelaria S. Paxtor-Gramajo, 31, of Chicago, was cited about 4 p.m. Tuesday
Read More

Build-A-Bear Workshop: Their Business Model Can Be Permanently Disrupted (NYSE:BBW)

Mall-based retailers have been severely impacted by COVID. In states like California, the flare-up of infections in the month of July had malls close their doors once again. And even when malls were allowed to operate, foot traffic has remained below previous years.

The uncertainty about the pandemic plus the avoidance of crowded places adds a layer of risk to mall-based retailers that are above their control. With Build-A-Bear Workshop (BBW), we believe the pandemic, and the way stores can operate following social distancing guidelines, completely disrupts its business model.

Management is doing everything under their control to shift demand towards their e-commerce channel. But doing so, the company loses the in-store experience BBW is all about. There would be no product differentiation with the competition, making their products expensive teddy bears.

The highly competitive nature of e-commerce would also increase BBW’s selling and marketing expenses while having the challenge

Read More

How One Entrepreneur Trusted His Gut And Disrupted The Toilet Paper Business

Do your research, trust your gut, it’s going to be a lot of hard work, but in the end, it will be worth it. – Derin Oyekan

Derin Oyekan is co-founder and Chief Marketing Officer of Reel, an eco-friendly paper brand, offering bamboo toilet paper with a portion of the business supporting SOIL, a sanitation R&D non-profit in Haiti. Reel, co-founded with Livio Bisterzo, officially launched in the US in March 2019 and has sold over a million rolls of toilet paper, growing almost 1,000% year over year since launch.

At age 40, Oyekan has already made three career pivots: engineering to marketing to entrepreneurship. Oyekan has a Bachelor’s degree in electrical engineering, but never worked as an engineer, opting to start his career in Internet marketing. Oyekan held multiple growth marketing roles, taking brands from pre-revenue concepts to multimillion-dollar businesses. He then

Read More