No doubt if you won the Lotto you would not pick up a penny if you saw one on the ground. But would you anyway? Chances are no. Now if Canada has its way, its residents won’t have to worry about the dilemma anymore as it wants to ban the penny much like other countries have. They state it cost them $.016 to produce a penny and they lose over $10 million a year. But if they won the Lotto. . .
Best Buy is getting crushed by amazon.com and other online retailers. They are closing 50 stores and most likely many more in the future. This is a bad sign for big box retailers as Best Buy is one of the best run retailers in the world. If they can’t make it, who is going to be left, Starbucks and Five Guys? It seems consumers no longer need a physical store to buy electronics and other gear or perhaps only to “shop” and then order online while at the store. It’s an interesting phase we are now in.
CVS found out the hard way just like Best Buy did a few years ago that breaking into the beauty market is not so easy. They have decided to shutter their 360 concept after testing it with 25 stores. ULTA is the grand prize winner and will continue to dominate the landscape. Their stock is pushing $100.
Good to see Michigan’s unemployment under 9% and the auto companies doing well. But hopefully everyone has learned their lesson and Michigan diversifies and education picks up its pace.
Are you loving the new Timeline homepage on Facebook? Not!
black 15in1 launches its refill size of Miracle Hair Treatment next month by popular request.
Beauty Buzz will be all the buzz come October. Beauty Buzz is all about beauty and will feature some great names in the business. Jay Towers will be the emcee and Ambassador magazine will cover the event top to bottom. Look for more information coming up. The event is Sunday, October 7 at the Motor City Casino Hotel.
Speaking of events, we are holding the greatest salon equipment and furniture sale in history. In fact, virtually every item in our showroom will be for sale and/or auction. If you need a new styling chair or to outfit a new salon, this is the event you have been waiting for. Monday, May 14 at the Pavillion. The fun starts at 8AM.
Of all the companies that offer TV, Internet and Phone, ATT’s U-verse ranks at the bottom. There is not another company with such poor customer service to go along with poor performing products. When Comcast looks good, you know how bad is bad.