What are the biggest differences between what the rich and poor spend money on? (And what can that teach us?)

I saw this article the other day and I was interested; here’s why. I grew up in the 10128 zip code — one of America’s richest — then ended up teaching elementary school in 77013 — one of America’s poorest.… Continue Reading

Delaware tips the least (14 percent). Alaska tips the most (over 17 percent). And for cities, Denver tips the most. Fun with studies!

Check out the map above. It’s based on data from Square — more on that in a second — summarized here and here. The data looks at tipping across America, and on the second link, you can see every state… Continue Reading

Starbucks will eventually sell alcohol in about 1,000 stores. And so it begins.

Here’s the corporate version: “Anything that you see happening here is driven by the question: what is the customer looking for?” Starbucks spokesperson Alisha Damodaran told Quartz.“When we think about new product offerings in the stores, we always think about what… Continue Reading

Wal-Mart tried a video games trade-in strategy in 2009. It didn’t work. With CExchange, will it work now?

This seems like an interesting plan: Wal-Mart is now going to accept video game trade-ins in 3,100 or so of their 4,835 U.S. stores. It’s interesting because normally when you trade-in a video game — say, at GameStop — you use… Continue Reading

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The annual spending on men’s wear is up 70 percent since 1998. Here we go…

Check out the chart above, via here. There are other charts of interest in said post, but essentially, here’s a quick takeaway: around 1998, the total market for menswear was about $270 billion. This year? It’s going to approach $500 billion.… Continue Reading

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The five best-performing stocks of 2013 were … Tesla (check), Netflix (check), Twitter (check), Herbalife (check), and … Best Buy?

The first couple seem to make sense — Tesla could be the future of cars, Netflix is just crushing it in every way, Twitter had an IPO this year, and Herbalife, well, at the very least they drop dime on… Continue Reading

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Montgomery Ward shut down 13 years ago today, and that may have been a turning point for America

Montgomery Ward, which operated from 1872, shuttered itself on December 28, 2000 — 13 years ago today. This probably doesn’t seem like a very big deal, as in the intervening 13 years, we’ve been able to shop perfectly fine, both… Continue Reading

Cyber Monday is sort of a joke

Yea, the money is there — Cyber Monday has been around less than a decade, and sales have tripled in that time. But the term, coined by Shop.org based on research trends in 2004, is a bit outdated. When it… Continue Reading