Peer-to-peer lenders originally sought to attract retail investors to its loan marketplace, but the lack of high-returning assets elsewhere in the market has made these platforms increasingly attractive to major asset managers and hedge funds.
In Peru, awareness of fake currency is so high that retail shops regularly provide cashiers with hole punchers. When a fake bill is received, the cashier quickly pops out a few holes before curtly returning the bill to an oft-surprised client.
You replace it by 23 percent tax, a frank, transparent tax embedded in the cost at retail, and everybody gets to takes their whole check home. And the average income earner gets a 50 percent increase in take-home pay.
Even before it opened its retail arm, Beigh was renowned among pashmina cognoscenti for the quality and complexity of the work produced in its workshop, a large, airy, sunlit rectangle of a room directly across from its second-floor shop.
I've made my records and I've done all the interviews. I've done lots of long tours. I've made stupid videos. I've done all that stuff and learned all the lingo and gone to radio stations and shmoozed with DJs on the air and met retail people.
I bought into Saks as a personal investment because, when I was a young man and went to America for the first time, it seemed to me that Saks was like a cathedral of retail. I never dreamt that I could one day be a part of it. And now I am.
There's a game called Checkout where there's grocery items and it's how much you think the manufacturer's suggested retail price is and we add up your total, then your total has to be within $2 of the regular total. I don't think I could ever win that game.
I don't think we yet know - because it's probably not big enough - what exactly Amazon does to our cities, but whatever it is, I don't anticipate retail wastelands. If anything, it's maybe a wake-up call to retailers that they just have to offer something meaningful to customers.
As more workers lose manufacturing jobs as companies cut back, some are being forced into lower-paying retail jobs. But they still have union cards in their wallets.
Although the number of manufacturing jobs in the United States has stagnated, dropping 12 percent from a high in the early 1980s, the number of retail jobs has risen 43 percent.
We also never undercut representatives' prices. A representative will always be able to sell the discounts in our core business, which are not offered at retail. So it's never more advantageous to buy there.
