Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
6
Colgate's first toothpaste came in a jar.
172
A full-time cashier at Costco makes about $49,000 annually. The average wage at Costco is nearly 20 dollars an hour and 89% of Costco employees are eligible for benefits.
13
The first female self-made millionaire in America was a black woman.
4
The CEO of Japan Airlines makes $90,000 a year, less than the pilots. During an interview, he said "We in Japan learned during the bubble economy that businesses who pursue money first fail. The business world has lost sight of this basic tenet of business ethics."
9
In 1907, Kellogg’s launched a campaign called "Wink Day" to promote Cornflakes. Women were encouraged to “wink at your grocer and see what you get” (and what they got was a free box of cereal!)
-2
In 2013, Candy Crush made $850,000 per day!
13
A Kodak engineer constructed the first digital camera in 1975. They didn't want to go digital. They went bankrupt in 2012.
9