Tuesday, December 1, 2015
Top Entrepreneur News

Tue, 01 Dec 2015 21:30:00 -0600

A degree is way too expensive, gives you a false sense of security and actually eliminates opportunities you can get in the real world.

Tue, 01 Dec 2015 21:27:00 -0600

This is what it looks like to get 80,000 jackets sourced and manufactured in six months. Hint: It's one long, intense hustle.

Tue, 01 Dec 2015 21:15:00 -0600

Veteran real-estate broker and Digsy co-founder Andrew Bermudez shares insider secrets to landing the ideal workspace for your budding business.

Tue, 01 Dec 2015 21:00:00 -0600

Everyone goes through personal setbacks in life, from divorces to deaths to natural disasters. Here's how to get through it.

Tue, 01 Dec 2015 20:58:00 -0600

Forget wimpy horn-honking. Google's autonomous ride could blast messages at passersby from external loudspeakers.

Tue, 01 Dec 2015 20:30:00 -0600

You've heard of the Pareto Principle. Just exactly what are you doing about it?

Tue, 01 Dec 2015 20:00:00 -0600

From having a great reputation as a director, eliminating the wage gap and avoiding divas -- the movie industry is ripe with case studies.

Tue, 01 Dec 2015 19:30:00 -0600

Joao Ricardo, the founder of travel-deals site Hotel Urbano, carved out a niche in the competitive space.

Tue, 01 Dec 2015 19:29:00 -0600

The new platform, called PowerApps, is available in preview.

Tue, 01 Dec 2015 19:00:00 -0600

Hacking doesn't happen only to the big guys. Here are ways to protect yourself.

Tue, 01 Dec 2015 18:30:00 -0600

Pairing new and veteran employees for training purposes resulted in two unexpected, and welcome, benefits.

Tue, 01 Dec 2015 18:29:00 -0600

Cue the GIFS for 'Hotline Bling.'

Tue, 01 Dec 2015 18:15:00 -0600

Are new ideas at your company tolerated only if they work and conform to the boss' viewpoint? Time to recalibrate.

Tue, 01 Dec 2015 18:00:00 -0600

Franchisees Jeff and Lori Kolenich are proud to be a part of the revitalization of their native Ohio city.

Tue, 01 Dec 2015 18:00:00 -0600

Align your business operations with the cadence of your company culture.

Tue, 01 Dec 2015 18:15:00 -0600

Apple knocked over with a feather again.

Tue, 01 Dec 2015 16:47:00 -0600

Empowering women has been held up as an answer to myriad global problems, starting with poverty. According to the Global Poverty Project, women make up half the world's population and yet represent a staggering 70 percent of the world's poor. As the report notes, “We live in a world in [...]

Tue, 01 Dec 2015 15:37:00 -0600

Video There’s nothing else that The Walking Dead’s comic fans have been looking forward to more than the addition of Negan to the show, the series’ next supervillain who makes The Governor look like Eugene. Season six is meant to be our introduction to Negan and his crew, the Saviors (their name might [...]

Tue, 01 Dec 2015 15:11:00 -0600

Most of us who pay even the slightest bit of attention to outdoor and environmental writing already know this for a fact: Ted Williams is a national treasure. I can think no one who so consistently—and effectively—bangs the drum on behalf of the environment, conservation, our game, fish and wild, [...]

Tue, 01 Dec 2015 14:54:00 -0600

BY TONY BLAIR - Underlying this new movement is the simple, but fundamental notion that has always driven progress: Things can be improved.

Tue, 01 Dec 2015 12:10:00 -0600

It is pretty clear it was not worth opening on Thanksgiving Day -- most people shopped on their smart phone, not in person in stores, to get the deals they wanted. Then on Black Friday, momentum decelerated to a crawl by early afternoon.

Mon, 30 Nov 2015 20:25:00 -0600

Researchers dig deep into what makes people susceptible to BS.

Mon, 30 Nov 2015 13:14:00 -0600

Staying composed, focused, and effective under pressure are all about your mentality.

Mon, 30 Nov 2015 04:11:00 -0600

Disruptive brands often shape the culture itself in innovative ways. Apple is the best example that comes to mind. It broke all the existing norms and conventions and created consumer advocates that evangelized for the the brand.

Sun, 29 Nov 2015 19:00:00 -0600

An infographic showing the top 10 places to launch your startup holds a few surprises. Richard Madison of The Brighton School of Business and Management used various criteria for the infographic, which first highlights best startup countries, and then drills down to their most outstanding cities. It was recently published [...]

Sun, 29 Nov 2015 16:22:00 -0600

I've been a full-time, self-employed, work-at-home writer for more than a decade. It suits me, this sitting at home alone, pecking away at a keyboard, nearly completely buffered from office politics, a daily commute, or bickering over who did or did not wash the coffee cups in the kitchen sink. But working [...]

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Depressing Michigan Economy Driving Alcohol Sales
By David Najor :: Sunday, February 15, 2009 :: 15701 Views :: Article Rating :: Business & Finance

Michigan, USA – "They were buying a $10 bottle. Now they're buying a $6 bottle," said Mike Acho, owner of the Wine Cellar party store in Waterford. "People don't have the money. They're not working, but they still want the alcohol, so they buy the cheaper stuff."

Chaldean business leaders within the Merchants of Michigan association say the state is heading towards the cliff’s edge.  Michigan remains the worst state in country.  It has the highest unemployment rate in the country, a continually slumping economy and one of the highest foreclosure rates in the nation; experts say much of the increased drinking may be related to people trying to drown their sorrows. 

State records agree with the opinion sharing that more customers are choosing to drink at home instead of bars and restaurants.    Alcohol purchases nationwide have risen about 2%, total sales in Michigan have nearly doubled that, 3.5%, with residents of the Great Lakes State spending $895 million in 2007. The increase is in spite of a loss in the state's population of more than 46,000 people last year.

The state's Liquor Control Commission spokesman Ken Wozniak tells reporters that, “The 2008 numbers have not been compiled, but we can expect the increase to continue based on the data we're seeing so far."

The greatest increase in alcohol consumption in Michigan was in hard liquor, particularly vodka and whiskey, with residents purchasing -- and presumably consuming -- 282,270 more gallons than the year before.

Wine, too, is on the rise with an increase of 857,415 gallons purchased over the previous year. And people drank more mixed spirits, such as prepackaged rum drinks and wine coolers.

In contrast, beer consumption declined in keeping with a nationwide dip over the last several years that saw more drinkers gravitate toward trendy martini bars.

While beer still is the most popular alcoholic beverage -- Michiganders drank a whopping 204,239,944 gallons in 2007 -- it was a 1.8-million gallon decline over the year before, state officials said.
Bargain booze

And people appear to be shopping for bargains when it comes to stocking their home bars, opting for American brands over more expensive imports.

Blended American whiskey sales, for instance, increased -- though only 1% -- for the first time in 30 years, according to the Beverage Information Group, a Connecticut firm that tracks the industry. And American scotch brand sales increased for the first time in 20 years.

Chaldean convenient store owners are creatively working to help customers cope at risk of losing sales.  “Times are very bad in our state.  The mismanagement of our economy is very bad, but times will get better and customers who are trying to crawl into a bottle may not be able to crawl out when new leaders in Michigan makes things better,” says Karem Nafsu of Drive-In Liquor.  “I know my customers and their family.  Sometimes it takes someone like me that enough is enough, you have to go home and be with your family.”