Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Amazon sells more e-books than printed books.
    43
    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
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    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
    6
    90% of all restaurants fail during their first year of operation.
    48
    80% of Publishers' Clearing House $10 million winners did not purchase any magazine subscriptions!
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    Starbucks uses round tables to make solo coffee drinkers feel less alone.
    11
    Warner Chappel Music owns the copyright to the song 'Happy Birthday'. They make over $1 million in royalties every year from the commercial use of the song.
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    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!)
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