As the major retailers go cautiously into the holiday season hoping for a rebound, there is one huge national retailer that is experiencing tremendous growth and profitability – Goodwill. The thrift store now has over 2300 stores and 2 billion in sales! I’m not sure this is necessarily good economic news (what does it mean if America moves from Saks to Goodwill to do their Christmas shopping), but congratulations Goodwill!
1 Billion Dollars
Amount JC Penney Has Lost Since New CEO Took Over (Source: The New Yorker)
Percentage Of Online Consumer Reviews That Are Fake (Source: NY Times)
Estimated Gross Revenue of porno/comedy Deep Throat (Source: Newsweek)