Related eBooks In January, economists warned that customers would spend less at places like fast food chains as rising inflation drives up the prices of necessities — and earnings reports released this week show those predictions might have come true. McDonald’s, Starbucks, Pizza Hut, and KFC all reported lower-than-expected sales this week. “Clearly everybody’s fighting
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Opinions expressed by Entrepreneur contributors are their own. As I’ve started to reach new growth milestones in my business, I’ve had this growing realization: Knowing your non-negotiables isn’t just important; it’s essential. Not having them clear? Well, that’s a straight ticket to Discontent City, which, let me tell you, doesn’t do any favors for your
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Michael Morgan, now the 25-year-old owner of Iconic Watch Company, sold his first Rolex Submariner when he was just 13 years old — a sale that came about primarily out of boredom. “When you’re 12, 13, you usually get bored of things very, very quickly,” Morgan tells Entrepreneur. “So within six months [of buying it],
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The nuances of group travel can be quite a hassle, and according to Tara Bunch, head of global operations at Airbnb, it’s also been a massive pain point for Airbnb users and hosts. “The vast majority of our travel is group travel,” Bunch told Entrepreneur, noting that over 80% of all Airbnb bookings are for
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After successfully trying out the Barbie Dreamhouse and Shrek Swamp experiences last year, Airbnb is creating a new category of rentals that look straight out of a dreamland. On Wednesday, Airbnb released its first 11 Icons, or rental-experiences inspired by movies like “Up” and musicians like Prince. The goal is to bring iconic, international stays
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As issues continue to plague the aviation industry, choosing a domestic airline is becoming more of a challenge than ever. And WalletHub‘s recent ranking of the top U.S. Airlines for 2024 reflects these struggles. The outlet ranked the nine major U.S. airlines and regional carrier Skywest Airlines, with only one coming out on top. “Airline
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Nostalgic movie theater chain, Alamo Drafthouse, is reportedly shopping for a buyer. According to Variety citing two anonymous sources, the Texas-based chain has approached “several Hollywood studios” to possibly purchase the company. Alamo Drafthouse is popular among moviegoers for being one of the first chains to offer in-theater dining while watching a movie, offering local
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Opinions expressed by Entrepreneur contributors are their own. Unlock the full potential of AI for your business with this ultimate 7-step ChatGPT prompt formula. It’s the key to driving unprecedented productivity and soaring profitability with ease. Are you fully utilizing AI to drive your productivity and profits yet? Download the free “AI Success Kit” (limited
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Opinions expressed by Entrepreneur contributors are their own. Additional reporting by Sherin Shibu. The collapse of Sam Bankman-Fried’s FTX crypto empire was not only felt by those deep in the crypto community — some big-name entrepreneurs and celebrities lost a lot of money, too. Although SBF allegedly led investors to believe he could bring them
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This role originally appeared on Business Insider. UPS last December eliminated the role of the chief marketing officer, replacing it with a chief commercial and strategy officer who would oversee product management and business transformation. The news fueled articles and thought pieces on the demise of the CMO. The topic stokes big feelings and industry
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Karlie Kloss, founder of Kode with Klossy and 40-time Vogue cover model, and husband Joshua Kushner, managing partner of venture capital firm Thrive Global, are joining forces to revive Life Magazine about 16 years after its last print issue. Kloss is CEO of Bedford Media, a new media holding company that will take charge of
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In a recently released research document, Oxfam stated that major United States companies contribute to global inequality. The charity said, “The largest US corporations have been driving the inequality crisis, actively concentrating power and money in the hands of wealthy CEOs and shareholders while limiting the power of workers, influencing our politics, avoiding taxes, and
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About 5.5 million high-net-worth people call the U.S. home — and they represent 37% of the world’s millionaires. A 2024 USA Wealth Report, published by global wealth advisory firm Henley & Partners in partnership with New World Wealth, establishes exactly where money is concentrated in America by ranking the country’s wealthiest cities. The report breaks
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Fisker, the California-based automotive electric vehicle (EV) start-up, has encountered a twist in its finance share saga. An unnamed automotive company has stepped out of major share talks, leaving the company’s future unknown. Fisker’s share talks collapse Fisker’s Newsroom released a statement last week, stating the company “is in continuing negotiations with a large automaker
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Real estate brokerage Compass agreed to pay $57.5 million in class-action lawsuit settlements from U.S. home sellers on Friday. The antitrust lawsuits allege that the company conspired with other brokerages and trade groups to overcharge home sellers by billions of dollars. According to the Associated Press, the plaintiffs claim that real estate brokers have been
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Opinions expressed by Entrepreneur contributors are their own. Targeted digital advertising is entering a new era, driven by the rise of artificial intelligence (AI). Since marketers apply advanced algorithms to consumer data, they can deliver hyper-personalized promotions with unparalleled precision. However, this transformation also raises pressing questions about ethics, transparency and establishing trust with customers.
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