613. Dying Is Easy. Retail Is Hard. Image

613. Dying Is Easy. Retail Is Hard.

28 November 2024 - 1 hour 1 min
Podcast Series Freakonomics Radio

Macy’s wants to recapture its glorious past. The author of the Wimpy Kid books wants to rebuild his dilapidated hometown. We just want to listen in. (Part two of a two-part series.)

 

SOURCES:Mark Cohen, former professor and director of retail studies at Columbia Business School.Will Coss, vice president and executive producer of Macy’s Studios.Jeff Kinney, author, cartoonist, and owner of An Unlikely Story Bookstore and Café.Tony Spring, chairman and C.E.O. of Macy’s Inc. 

RESOURCES:"Macy’s Discovers Employee Hid Millions in Delivery Expenses," by Jordyn Holman and Danielle Kaye (The New York Times, 2024)."NBC Ready to Pay Triple to Gobble Up Thanksgiving Parade Broadcast Rights," by Joe...

1 hour 1 min

Series Episodes

Why Do People Still Hunt Whales? (Update)

Why Do People Still Hunt Whales? (Update)

For years, whale oil was used as lighting fuel, industrial lubricant, and the main ingredient in (yum!) margarine. Whale meat was also on a few menus. But today, demand for whale products is at a historic low. And yet some countries still have a whaling industry. We find out why. (Part 2 of “Everything You Never Knew About Whaling.”)

37 mins

15 August Finished

The First Great American Industry (Update)

The First Great American Industry (Update)

Whaling was, in the words of one scholar, “early capitalism unleashed on the high seas.” How did the U.S. come to dominate the whale market? Why did whale hunting die out here — and continue to grow elsewhere? And is that whale vomit in your perfume? (Part 1 of “Everything You Never Knew About Whaling.”)

45 mins

8 August Finished

Why Does Tipping Still Exist? (Update)

Why Does Tipping Still Exist? (Update)

It’s a haphazard way of paying workers, and yet it keeps expanding. With federal tax policy shifting in a pro-tip direction, we revisit an episode from 2019 to find out why.

47 mins

6 August Finished

643. Why Do Candles Still Exist?

643. Why Do Candles Still Exist?

They should have died out when the lightbulb was invented. Instead they’re a $10 billion industry. What does it mean that we still want tiny fires inside our homes?

47 mins

1 August Finished

642. How to Wage Peace, According to Tony Blinken

642. How to Wage Peace, According to Tony Blinken

The former secretary of state isn’t a flamethrower, but he certainly has strong opinions. In this wide-ranging conversation with Stephen Dubner, he gives them all: on Israel, Gaza, China, Iran, Russia, Biden, Trump — and the rest of the world.

1 hour 6 mins

25 July Finished

Why Does One Tiny State Set the Rules for Everyone? (Update)

Why Does One Tiny State Set the Rules for Everyone? (Update)

Until recently, Delaware was almost universally agreed to be the best place for companies to incorporate. Now, with Elon Musk leading a corporate stampede out of the First State, we revisit an episode from 2023 that asked if Delaware’s “franchise” is wildly corrupt, wildly efficient … or both?

47 mins

23 July Finished

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