by Lou Bartelli
posted May 27 2016 7:38AM
In Chicago, the record shop Shake, Rattle & Read is going out of business after 50 years.
That is sad news – but not surprising as many music and book stores have gone out of business since the Internet took off.
Well, there is a silver lining here because the owner, Ricky Addy, decided to turn it into a fun event by giving away all of his inventory to anyone who showed up. As in, for free.
Ricky says that he's competitive, which allowed him to stay in business as long as he did. And now, he's going to just be an online seller.
He admitted that he's going to miss the physical store and miss talking to people, which he's always been good at.
But, he's ending his run with a bang and putting smiles on the faces of customers right to the end.
by Lou Bartelli
posted May 20 2016 7:59AM
David Hasselhoff says he's struggling to stay relevant and as a result, he is dead broke.
The former television star and singer who made hundreds of millions of dollars from starring in Baywatch and Knight Rider, now claims to have less than $4000 cash to his name. His financial struggles came up in his spousal support fight with his ex-wife Pamela Bach. "Hoff" says he can no longer afford to pay her $252,000 a year because he's not making enough money. He admits to earning $112,000 a month but says he spends $66,000 and after his payments to Pamela and other living expenses, he's left with nothing.
Pamela of course says Hasselhoff is loaded and believes he's worth more than $120 million and owns property all over the world.