Tag Archives: business

WTF Fun Fact 12418 – FedEx’s Luck

FedEx nearly went bankrupt, but a few rounds of blackjack saved the day. Click to read the full fact. The post WTF Fun Fact 12418 – FedEx’s Luck appeared first on WTF Fun Facts. Source

In 1986, the small New Zealand town….

In 1986, the small New Zealand town of Otorohanga briefly changed its name to “Harrodsville” in support of the local restaurant Harrods, which was facing lawsuits by the famous London department store of the same name. In addition, every business in town changed their name to “Harrods”. The post In 1986, the small New Zealand… Read More »

There are no more than 12 Kmart stores…

There are no more than 12 Kmart stores remaining in the US. At its peak in 1994 there were 2323 stores in the US and 2486 globally. Until 1990, when it was surpassed by Walmart, it was the second largest retailer in the US after Sears. The post There are no more than 12 Kmart… Read More »

In the days of phone directories…

In the days of phone directories (yellow pages), companies would choose names with the letter ‘A’ in front so they appeared first in the alphabetized list. This led to oddly spelled words, such as “Aaaamerican” or “Aaaction,” as well as many businesses with “AAA” in their names. The post In the days of phone directories…… Read More »

The founders of Samsung and LG…

The founders of Samsung and LG, Lee and Koo, were close friends since elementary school. In 1968, Lee met Koo and told him that Samsung was planning to enter electronics, which meant becoming LG’s direct competitor. Angered, Koo yelled at him and left. Afterwards, the two were never close again. The post The founders of… Read More »

Anthony Rossi who founded Tropicana…

Anthony Rossi who founded Tropicana Products in 1945 was an Italian immigrant who arrived in the US with $25 and did not know English. He developed an orange juice pasteurization process to allow transport from the factory in Florida to as far away as New York starting in 1970. The post Anthony Rossi who founded… Read More »

In 2018, a woman accidentally…

In 2018, a woman accidentally paid a Swiss cafe $7709 for coffee because she entered her PIN number as the dollar amount. When she called to get the money back, nobody answered because the cafe had filed for bankruptcy. The post In 2018, a woman accidentally… appeared first on Crazy Facts. Source

UPS was founded in 1907 by 19 yr. olds…

UPS was founded in 1907 by 19 yr. olds James Casey and Claude Ryan, using two bicycles, a phone, a tiny office in a saloon, and a borrowed $100. United Parcel Service has become a multi-billion dollar corporation. The post UPS was founded in 1907 by 19 yr. olds… appeared first on Crazy Facts. Source

Payless once opened a fake luxury…

Payless once opened a fake luxury store called “Palessi” and invited influencers to see how much people would pay for $20 shoes. Top offer: $640. A markup of 1800%. The post Payless once opened a fake luxury… appeared first on Crazy Facts. Source