In January, the Consumer Financial Protection Bureau released a report suggesting that many homebuyers spend more time looking for a TV than shopping around for the right mortgage. In an attempt to make things a little less daunting for prospective borrowers, the Bureau today released the “Know Before You Owe” mortgage shopping toolkit. [More]
Mother Nature has created plenty of headaches for snow-weary residents of Massachusetts, but one man is turning Gaia’s frozen bounty into an opportunity to make a few bucks off those warmer states. He’s selling the snow from his front yard for $89 for six pounds, shipping it to sunnier climes. Taking snow lemons and making snow lemonade, right? [More]
Nice try, Kohl’s, but we see through your game. An item isn’t on sale just because you say it is. You have to actually decrease the price. Noah writes that when he found a tag emblazoned with the word SALE, he thought this meant that perhaps the item was on sale. Don’t be silly, Noah. [More]
Pabst Brewing Company is up for sale, the New York Post reports.
Would you live in a mobile home? No? What if it were solar and wind powered, and tricked out with the latest modern conveniences and looked sharp?
One of the fun side-effects of Craigslist is that the lack of an editorial gatekeeper means it lets the crazy blossom. The newspaper Telegraph has assembled 20 of what they consider the wackiest Craigslist ads, including over 1300 Pope hats (sorry, they’re just replicas), diapers for incontinent dogs, and 300 stuffed penguins. Naturally we assume every one of them is really about sex, but maybe we’re being too jaded about Craigslisters.
Eddie Bauer is the latest retailer to file for bankruptcy, and it says it hopes to be sold outright rather than try to reorganize, refinance, or liquidate. The AP says the clothing company had “$476.1 million in assets and $426.7 million in debt at the time of the filing Wednesday with the United States Bankruptcy Court of the District of Delaware,” and that by declaring Chapter 11 now it hopes to reassure suppliers and stave off impending cash flow problems.
Here’s a perfect example of the power of the written word in advertising: Jane Hambleton’s splashy classified ad to sell her son’s car worked so well that now everyone knows she caught him with liquor in his car and sold it as punishment.