If you’re like most Americans, you’re probably tightening your budget and watching what you spend. But it’s not just the cost of goods and services that’s eating up your paycheck, but also the hidden and unnecessary fees that are being lumped in by companies just to try and bleed a few more dollars out of ...Continue Reading →
Do you shop at the dollar store? If you’re like most Americans, you love an occasional trip to the store where everything is $1, 99 cents, or even less! Here are some interesting facts about the big business of the stores with such small prices:
There are actually three models for dollar stores:
Dollar Tree is a ...Continue Reading →
These days, so many people are struggling financially, failing to save, awash in debt and student loans, shut out from home ownership, and wondering how they’ll retire comfortably. So it’s more important than ever to identify the red flags in our financial picture, and then fix them.
In part one of this blog we covered the first 7 financial red flags to look for. Here are 7 more to identify in case you’re inadvertently sabotaging your finances, and most importantly, action ...Continue Reading →
“Money can’t buy you happiness,” is a mantra we tell ourselves regularly, put on bumper stickers and even teach our children. But is it true?
Probably not, it turns out, as studies point to the positive correlation between income and levels of happiness. So having more money really will make us happier?
Somewhat, but there are certain important distinctions to make before we start blindly chasing dollar signs in hopes for inner bliss.
First, we’ll go over the research:
One of the first stabs ...Continue Reading →
Looking good is big business around the world, but no one spends more on cosmetics, beauty products, surgeries, and grooming than people in the U.S. In fact, in 2015 alone, the beauty industry generated $56.2 billion in the United States (to put it in perspective, the medical technology industry makes only $44 billion every year).
But is our spending on vanity out of control? You be the judge once you read these facts about the beauty industry:
Goldman Sachs estimates that the ...Continue Reading →
Do you own a pet? Chances are, you either have a beloved pooch or frisky feline in your care, and if so, you probably spend a hefty sum of money keeping them fed, healthy, happy, and even entertained. In fact, the pet industry is one of the largest niche segments of household discretionary spending, and has even proven to be recession proof over the last 5+ years. Of course we can’t measure our love for the loyal family dog ...
In part one of this blog we brought you 25 rich, steamy and delicious facts about Starbucks, the world’s most popular coffee brand. Here are 25 more perfectly roasted and heavily-caffeinated facts about Starbucks, including our vote for the nicest coffee store in the world!
1. Starbucks was originally based with a nautical theme to celebrate founding city Seattle’s seaport identity, so their logo also has a maritime design.
2. In fact, inspiration for the Starbucks logo came from a ...Continue Reading →
Americans returned 8% of their purchases last year – including return fraud and abuse, costing retailers and merchants $15.9 billion annually.
1. Estimates of the total U.S. retail industry sales in 2015 are right around $3.256 trillion.
2. An astounding 8% of all retail merchandise was returned, which amounts to $260.5 billion in returns!
3. Abuse and fraud (abuse has a pretty wide definition) constitutes 6.1% of all returns, costing retailers $15.9 billion.
4. U.S. retailers lose around $9.6 billion annually on return abuse, and $14.8 ...Continue Reading →
Recent headlines disclose that Wal-Mart, the ubiquitous international super store chain, will close about 269 locations this coming year, affecting 16,000 workers. About 154 of those stores are in the U.S., expected to leave 10,000 workers laid off or fired. But does that mean the venerable retailer is in decline? Hardly, as we see from these 35 mind blowing facts about Wal-Mart.
1. Despite the recent small decline, Wal-Mart is still the biggest retailer in the world, with 11,000 stores in ...Continue Reading →
When the PowerBall jackpot recently grew to over $1.6 billion dollars, a lot of people ran to their nearest gas station, deli, or convenience store to buy a ticket. For the few people who came out with the lucky numbers, their lives will be changed forever. But for the rest of us, life just goes back to normal – until the jackpot grows large enough to capture our attention again and we buy tickets. But what are the actual odds ...Continue Reading →