Business Facts

    Random Business Facts

    There are 75 Business Facts!

    Colgate's first toothpaste came in a jar.
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    Ma Yu Ching’s Bucket Chicken House in Kaifeng, China is considered the world’s oldest operating restaurant, first opening in 1153 AD during the Jing Dynasty.
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    Every year, Louis Vuitton burn all their unsold bags. They burn them in order to prevent them from being priced lower.
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    The first product that the toy company Mattel came out with was picture frames.
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    IKEA Boss
    IKEA Boss
    Despite being one of the top 10 richest men in the world, Ingvar Kamprad (founder of IKEA) lives in a small home, eats at IKEA, and uses the bus.
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    All 3 founders of Apple worked at Atari before forming Apple.
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    When Scott Paper Company first started manufacturing toilet paper they did not put their name on the product because of embarrassment.
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    Lenovo CEO Redistributed His $3M Bonus to 10,000 Employees. Twice.
    As a reward for record profits, the CEO of Lenovo, Yang Yuanqing, received a $3 million bonus, which he redistributed to about 10,000 of Lenovo's employees. He did the same again in 2013.
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