Category: Business

After years of competition between Chuck E Cheese and Showbiz Pizza, Chuck E Cheese went bankrupt and was bought by Showbiz Pizza, who then proceeded to rebrand their locations as Chuck E Cheese.

Photo : Eteixido/wikimedia

Quaker Oatmeal packages in 1902 contained a coupon redeemable for an actual deed to a small plot of land in Milford, Connecticut.

Piggly Wiggly was the first true self-service grocery store. Before their founding in September 6, 1916, grocery stores did not allow their customers to gather their own goods. Instead, a customer would give a list of items to a clerk, who would then go through the store, gathering them.

Photo : Janice Waltzer / flickr

There is a service that allows you to “Rent a Friend” to attend social events, play sports, travel, or just hang out.

About 1/3 of new cars no longer come with a spare tire. While some have run-flat tires, having no spare tires decreases weight and increases fuel economy and also quietly saves car companies millions of dollars a year.

An undercover investigation found that Apple charges $1200 for a computer repair that a local repair store was able to fix in 1 minute and charged $0 for.

Wrigley’s was originally a soap company that gifted baking powder with their soap. The baking powder became more popular than the soap so they switched to selling baking powder with chewing gum as a gift. The gum became more popular than the baking powder so the company switched to selling gum.

Nike had conditions before giving rookie Michael Jordan a record contract: Either be rookie of the year, or average 20 ppg, or be an all star, or sell $4 mill worth shoes in a year. Jordan was rookie of the year, scored 28.2 ppg, named all star, and Nike sold $100 mill of shoes in 1984-85. (source)

Photo : mccarmona23 / Flickr

The video game industry makes more revenue than the film and music industry combined.

In 2014, black-taxi cab drivers brought parts of London to a standstill, protesting against Uber. This led to an 850% increase in downloads of Uber.