Archive for the ‘Gifts’ Category

Twelve Days of Christmas Presents = $100,000 in 2010

Thursday, December 23rd, 2010

Ever wonder how much five golden rings and a partridge in a pear tree would set you back? No, we haven’t either. But PNC Bank spent a lot of time and money figuring it out and presenting it in an [awesome] online pop-up book for your enjoyment!

To find out how certain prices were calculated, like, say, 12 maids a-milking, check out the USA Today story about the project here.

And for a little retro Twelve Days action, check out John Denver and the Muppets in 1979:

Surprise! Barnes & Noble Colors Its Nook

Thursday, December 23rd, 2010

Amazon.com’s Kindle has been dominating the e-book market since the get-go, but the Kindle just got sucker-punched by Barnes & Noble’s all-new Nook Color. (Who’s naming these things?)

Full-color photo spread (including gratuitous moustache shot) in the original article:
Bloomberg, 12/2/10: Color Nook One-Ups Kindle in E-Reader Battle: Rich Jaroslovsky

Santa’s Skipping The Credit Card Debt This Year

Friday, December 10th, 2010

Credit card companies are freaking out as they try to entice shoppers to pay for gifts with credit. But those 5% cash back offers aren’t exactly worth taking on thousands of dollars in debt.

  • Even though holiday spending is up compared to last year, shoppers are less likely to whip out their credit cards at the register this year.
  • Some shoppers are trying to avoid taking on more dangerous debt, and some simply lost their cards because of the recession and last year’s credit card reform. Outstanding credit card debt is “bad debt” because it lowers your credit score.
  • Card issuers make money when customers run up their credit bills and then fail to pay the entire balance at the end of the month. If they miss payments, their interest rates go up, and so does their total amount owed.

Facts & Figures

  • Use of Visa and Mastercard cards fell 11% in the past year
  • Spending on Black Friday was up more than 6% over last year
  • 15 million Americans lost their credit cards because of the recession and new credit card regulations

Best Quote

“With the interest rates, it just seemed like I never paid it off.” – Liz Gonzalez, talking about her credit card debt

Black Friday’s Supertroopers

Friday, November 26th, 2010

It’s Black Friday, the biggest and most aggressive shopping day of the year. Stores slash prices and determined shoppers wait up all night, push each other, bribe each other, and occasionally trample one another to get their hands on the goods.

This year has seen an increase in the number of shoppers from the broke years after 2008, and the L.A. Times was kind enough to interview some of the consumer warriors swarming the local malls.

Best Quotes

  • “It’s cold, cold, cold, frustrating and stressful standing for five hours but you just do it. My mother-in-law put me in this spot.” – Monica Ferreira, 27, hoping for a $600 washer-dryer from Sears
  • “We are in it to win it. Go hard or go home.” – Ilene Agan, 27, veteran Black Friday Shopper at Toys R Us
  • “This is professional shopping for a lot of these customers, and they know exactly what they want. They plan these things, they have their routes and they make a beeline.” – Mike Boylson, Chief Marketing Officer, JCPenney
  • “Maybe I’m sacrificing too much for this TV.” – Vanessa Barrera, 20, Sears

Christmas In November for Tiffany

Wednesday, November 24th, 2010

Thinking about wrapping your gifts in a certain blue box this season? Whatever, Tiffany doesn’t really need your money.

  • The company has already seen profits way higher than projected, and the upcoming shopping nightmare known as Black Friday will probably boost sales even more.
  • Other luxury goods brands are looking up as well – both Coach and Hermes are reporting strong sales this quarter.
  • The National Retail Federation says this holiday season is probably going to be the best in four years. (If you’re a retailer, that is.)

Facts & Figures

  • Sales have increased by 14% over last year
  • The biggest increase in purchases is coming from big-ticket items – those that cost $500 or more
  • Sales of items under $500 have continued to decrease

Best Quote

“We continue to see bifurcated performance, with declines in sales and transactions below $500, but double-digit percentage increases in most every other higher priced category. This indicates to us diverging effects to one degree or another that the economy is having on consumer spending.” – Mark Aaron, Tiffany’s Investor Relations Chief

DailyCandy Editor Lauren Lumsden On Discovering New And Cool

Monday, October 4th, 2010

It’s not every day you get to interview an editor from your favorite daily mailing list, but we somehow convinced Lauren to chat in front of our camera last week. Check out her interview to learn about the dude-ranch-to-web-editor career track and, of course, Bacon Salt.

>>TILE brings you exclusive interviews from people doing great things in SPEND, GROW, and GIVE. To view more, click on TILEcasts in the TILE Library.

Have a burning question or someone you’d like to see interviewed? Let us know – just Ask TILE!

Luxury Sites Replace Luxury Stores

Friday, July 16th, 2010

In a struggling economy, online shopping might replace even the highest high-end stores.

  • In the wake of the recession, luxury stores are forced to sell merchandise on the web.
  • Selling clothes online, though less atmospheric than a downtown boutique, allows profits to go directly to the company by cutting out the costs of a store.
  • Technology’s infinite possibilities has increased the number of high-end online stores, allowing boutiques to make their websites seem as impressive and exclusive as their boutique.

Facts & Figures

  • In 2009, when the worldwide luxury-goods industry fell 8%, luxury sales online were forecast to grow 20%

Best Quote

“These brands are finally taking the plunge to establish an online retail presence. The recession forced these manufacturers to realize they needed to look for revenue wherever they could.” – Jeffrey Max, Chief Executive, Venda E-Commerce Sites

Strange Bike And Monorail Fusion May Revolutionize City Travel

Thursday, April 1st, 2010

Safe, weatherproof, environmentally friendly, and a good workout, too!

  • Geoffrey Barnett’s ingenious new invention combines a recumbent (lying down) bicycle with monorail technology, creating the “Schweeb.”
  • The invention may provide an alternative means of city travel, and it’s cheap and ecologically-friendly, to boot.
  • Apparently, recumbent cycling is faster than upright cycling, and a monorail would be the safest way to get around crowded cities quickly.

Facts & Figures

  • “Schweeb” is derived from the German word “schweben,” which means “to float” or “suspend.”
  • Barnett worked on the design for six years while he lived in Tokyo, and opened a 200 meter (650 foot) track in Rotorua, New Zealand in 2007.
  • The Schweeb can reach speeds of up to 35 mph.

Best Quote

“To me, as a cyclist, it’s just obvious, you should be able to ride over the top of traffic, so I came up with the idea of a weather-proof capsule that is completely safe.” – Geoffrey Barnett, Inventor

Consumption Gap Widens Between Haves and Have-Nots

Thursday, November 19th, 2009

While wealthier American shoppers have returned to patronizing high-end department stores, middle class consumers struggle to afford basics at Walmart.

  • Consumers at all income levels are focused on the value of their purchase and on not overspending.
  • Luxury chains report shoppers buying items such as shoes and dresses, while discount stores say their consumers are focused on food and socks.
  • Shoppers focused on saving in these economically tight times cannot afford to purchase items outside of the bare essentials.

Facts and Figures

  • The wealthy reigned in their spending most severely during the financial meltdown last fall.
  • Walmart has had to lower their prices to encourage their regular shoppers to continue buying.
  • Nordstrom’s third-quarter profit rose as sales improved compared with 2009.

Best Quote

“I used to consider shopping enertainment, but now I don’t think it’s enertainment.” – Patricia Murnane, Shopper and Risk Manager from New York

Punk Rock Pearls

Thursday, November 12th, 2009
Jewelry designer Tom Binns opens his first boutique mixing goth and glam and making it work…
  • When designers bring old styles back into fashion, they usually miss the mark – like bringing back daisies and bell-bottoms from the ’60s without any mention of Vietnam.
  • Tom Binns doesn’t white-wash his ’80s inspiration: studded leather cuffs with heavy sterling fasteners and emerald-cut crystals, sterling slave collars and spiked bangles, and a silver bullet necklace, to name a few. It’s rock n’ roll jewelry ready for the red carpet.
  • Binns was trained as a fine artist and welder, and signed up for jewelry classes to get girls, which is probably what makes his jewelry such obscene fun.

Facts and Figures

  • Michelle Obama has been seen sporting pieces by Tom Binns.
  • A big silver heart pendant held together by safety pins and bent nails, hung on long strings of tiny pearls goes for $325.

Best Quote

“Here’s the thing: It’s, like, $30,000, so if you feel comfortable with that responsibility, that’s fine.” – Boutique Manager(in response to the journalist’s request to try on a unique necklace)