Wednesday, November 01, 2006

Chit chat fodder cornucopia

Here's the latest chit chat fodder courtesy of my former customs broker.

$200 even less popular than $50
The Bank of Canada has withdrawn a proposal to introduce a $200 banknote after a survey of retailers revealed strong opposition. 59 per cent of those surveyed said they were opposed, with 40 per cent "strongly opposed." The central bank had been looking for a higher-denomination replacement for the $1000 banknote after it ceased to be printed in May, 2000, to help thwart money launderers and drug dealers who prefer large bills.

Oompa Loompas in disguise
Even before the recent security scares, the Conference Board in the U.S. found at the start of the summer that 40 per cent of consumers had no plans to take a vacation over the next six months, the lowest percentage recorded by the group in 28 years. About 25 per cent of American workers in the private sector do not get paid vacation time. Another 33 per cent will take only a seven-day vacation. Some companies are shutting down completely twice a year to ensure people stop working.

Better in the hand than on the wrist
Last year, the U.S. watch market saw a 4.9 per cent dip in sales. Rival electronic devices such as personal digital assistants and cellphones are the reason. Even sales of watches under US$50.00, rarely affected by overall market trends, are down.

Spray me guilty
Rich people can beef up their home security with the automatically activated SmartWater spray system. The technology, mounted on the walls or the ceiling, squirts the intrudes with a solution containing a unique forensic code that remains detectable on the skin and hair for weeks and on clothing indefinitely.

Pirates will become robbers
Films arrive in projection rooms as 10,000 feet of film printed as a copy of the original. Now, digital projection systems are the latest thing. The release copy of the movie is delivered on a hard drive, sporting 100 gigabytes of the latest Hollywood blockbuster, a digitally scanned copy of the master film print. Once put into place, the movie is simply unloaded to a server and is one button-push away from being digitally projected. The biggest advantage of digital projection is picture quality.

More discounts on naughty foods predicted
New research in the U.S. confirms that grocery circulars announcing the latest grocery specials are an effective means of connecting with consumers. Grocers spend some US$8-billion on feature ads each year, which amounts to two per cent of their sales. The research shows that at least 10 per cent of shoppers chose their store based on the week's ads and that shoppers were most influential when the ads promoted discounts on cereal, snack chips, pizza, cookies and hot dogs.

Unpopular paint has its day
An unpopular pigment used by 18th century artists could lead to more energy efficient, faster computers. Cobalt green, as it is known, has been tested by a US team who believe that, because of its magnetic properties, could be used in "spintronic" devices. Spintronics involves manipulating the magnetic properties of electron to do useful computational work. Cobalt green is a mixture of zinc oxide and cobalt and artists of the 18th century found it expensive and that it created relatively weak colours.

Nerds: 25 years in the making
This past August saw the 25th anniversary of the personal computer with the introduction of the IBM 5150. Costing $1,565, the 5150 had just 16K of memory, about enough for three or so e-mails nowadays. This machine which was developed by a team of 12 IBM engineers, altered the way business was done forever and sparked a revolution in home computing.

Spinach, carrot juice and now, cantaloupes
Cantaloupe melons have been identified as a common source of food poisoning. Researchers who studied records in Canada and the U.S. identified almost one large outbreak caused by cantaloupes every year over a 30-year period. It is believed that the problem lies in the rough skin of the cantaloupe being hard to clean meaning that bacteria on the outside can contaminate the flesh when it is cut open.

Shop until you drop
Shanghai has constructed a massive underground bunker complex capable of sheltering 200,000 people from a nuclear attack. The million-square-foot complex connects to shopping centres, office buildings, apartment buildings and the subway system via miles of tunnels. The complex has water, hydro, lighting, ventilation and protective doors and can support life for as long as two weeks.

Self-help is cheaper
A recent study shows that shoppers purchase impulse items such as snacks, candy, beverages and magazines 45.5 per cent less often when they use self-checkout than when they use a staffed checkout lane. The impact is greater for women, 50 per cent, versus a drop of 27.9 per cent for men. In 2005, consumers spent over US$111-billion on self-checkout transactions at retailers, up 35 per cent over the previous year. The average number of items in a self-checkout transaction is 6.7 with a value of $32.85.

Economic loss equals weight loss
The U.S. is warning India that bans on soft drinks like Coca Cola and Pepsi could blight its hopes of attracting American investment. Six Indian states have now announced partial or complete bans on soft drink sales in schools, colleges and hospitals after claims that the drinks contain harmful pesticides. Coke and Pepsi account for nearly 80 per cent of India's more than US$2-billion soft drink market

Impulse buying in seconds
The Polo Lauren Group is taking impulse shopping one step further with technology that allows passersby to purchase clothing they see in the windows of one of its New York stores by using a touch screen on the glass. Projected on the window of the store is a 67-inch image of items. Customers can purchase them by using a credit card swiper on the window.

Big Brother cares about your education
British university students are being monitored by a unique electronic tagging system designed to ensure that they attend lectures. About 1,000 undergraduates at the University of Glamorgan have been issued with key rings containing microchips that store each individual's name and other enrolment data. Every time he or she attends a lecture, the students press the key ring against a sensor that acts as an electronic receiver which records attendance.

No comments: