THROWBACK THURSDAY: Costco Begins Test-Marketing Caskets in Chicago

{from “This Day in Business History” by Raymond L. Francis} On this day in 2004, Costco Wholesale Corp. began test-marketing caskets in two Chicago stores, displayed next to mattresses. The profit potential was obvious, in light of the funeral industry’s reputation for high mark-up and bundled expenses. An official with the Casket and Funeral Supply […]

WEDNESDAY WORKFACT: National Day of Mourning

Today, Dec. 5, has been declared a National Day of Mourning for former President George H. W. Bush, who died November 30 at the age of 94. The state funeral will take place today at Washington National Cathedral in Washington, D.C. A national day of mourning is a day marked by mourning and memorial activities […]