Many products are getting smaller due to ‘shrinkflation’, for example Mars shrank its Maltesers, M&Ms by up to 15%. In the past, companies blamed the rising price of raw materials. Recently, these prices dropped back, but the shrinkage continued as manufacturers try to stealthily boost profits.
business
Christian-based company In-N-Out Burger…
Christian-based company In-N-Out Burger not only prints the bible verse JOHN 3:16 on it’s soda cups but also prints different bible verses on it’s milkshake cups, burger wrappers, and french fry holders.
A woman from the turn of the 20th century…
A woman from the turn of the 20th century would sell people the time by letting them look at her watch. Ruth Belville, sold people the time. This was done by setting a Belville’s watch to Greenwich Mean Time, as shown by the Greenwich clock, each day and then “selling” people the time by letting them look at the watch and adjust theirs.
The firm Cantor Fitzgerald lost 658…
The firm Cantor Fitzgerald lost 658 employees on 9/11. The CEO, who was taking his child to school that day, later distributed $180 million to the families and offered jobs to all children of the victims. 57 of those children were employed by Cantor Fitzgerald as of 2016.
The Bose Corporation’s majority owner…
The Bose Corporation’s majority owner is MIT. In 2011, the company’s founder, Amar Bose donated the majority of his shares to the university which was his former employer and alma mater. An annual cash dividend is paid out to “advance the research and education mission of MIT”.
The Quaker Oats company isn’t Quaker…
The Quaker Oats company isn’t Quaker and never was, they picked their name based on a religious stereotype about Quakers being honest in business.
Most successful startup companies…
Most successful startup companies aren’t started by people in their 20s. The average age of founders who started a high-growth company is 45.
In the 80s, businessman Armand Hammer…
In the 80s, businessman Armand Hammer bought a significant portion of the company that makes “Arm & Hammer” products simply because people kept asking him about the name.
The State of Washington once forced…
The State of Washington once forced Comcast to refund nearly 50,000 customers for charging them a $5/month “service protection plan” that actually did nothing.
Ford used an astrologer from…
Ford used an astrologer from California to determine which date they would launch the new Ford Taurus. They paid the astrologer $500.