The Hustle Daily Show cover image

The Hustle Daily Show

Rich people feel like they’re poor

Aug 16, 2023
A Bloomberg survey reveals that many high-income Americans feel financially stretched. Also discussed: hotel costs, Disney's cost-cutting, declining TV viewership, LG's new TV product, and the surprising financial struggles of the wealthy.
12:06

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Quick takeaways

  • Expanding into brick-and-mortar stores can be a successful strategy for D2C companies
  • Rising costs of education, healthcare, retirement, and housing have blurred the line between rich and financially comfortable

Deep dives

D2C Companies and Brick-and-Mortar Stores

Many direct-to-consumer (D2C) companies, like Parade, have found success by expanding into brick-and-mortar stores, despite the initial expectation to operate solely online. This trend highlights the challenges of the D2C model and the importance of adapting business strategies.

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