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If you’ve ever wondered who took the red pill, it’s Keanu Reeves. The
<em>
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</em>
star revealed in a Reddit AMA that he kept the film prop.
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In today’s email:
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<strong>
Lego:
</strong>
The company keeps on building.
</li>
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<strong>
The weird world
</strong>
of airplane “mileage runners.”
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<li style="font-size: 16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
<strong>
Revenge:
</strong>
Customers want it.
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<strong>
Around the Web:
</strong>
A sweet toll, a clever RPG, an AI explainer, and more cool internet finds.
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🎧 On the go?
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Listen to today’s podcast
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The big idea
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Brick by brick, Lego keeps on building
</h2>
<div class="preview-text" style="color: transparent; display: none; height: 0; max-height: 0; max-width: 0; opacity: 0; overflow: hidden; mso-hide: all; visibility: hidden; width: 0;">
In 2022, the company saw strong growth compared to its fellow toymakers.
</div>
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2023-03-08T00:00:00Z
</div>
<div class="author-name" style="color: transparent; display: none; height: 0; max-height: 0; max-width: 0; opacity: 0; overflow: hidden; mso-hide: all; visibility: hidden; width: 0;">
Jacob Cohen
</div>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults brief-body" style="padding: 5px 0px 0px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
It’s easy to forget Lego
<a style="color: #192733; text-decoration: underline !important;">
nearly
</a>
went bankrupt in 2003, given all its success today.
</p>
<p style="font-size: 16px; line-height:140%; margin: 5px 0px 10px;">
On Tuesday, Lego reported that sales last year jumped 17% YoY to $9.27B.
</p>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
After passing Mattel on the toy sales charts in 2014, the 90-year-old Danish company now
<a style="color: #192733; text-decoration: underline !important;">
brings in
</a>
~2x its fellow toymaker’s revenue, according to
<em>
The Wall Street Journal
</em>
.
</p>
<p style="font-size:16px; line-height: 140%; margin: 5px 0px 10px;">
Lego’s recent success is also markedly different from developments at Hasbro, which saw revenue decline 9% YoY and recently announced plans to cut 15% of its workforce.
</p>
<h4 style="font-size:17px; height:100%; letter-spacing: 0px; line-height: 22px; padding-top: 8px; margin: 0px;">
<strong>
So, what’s going well at Lego?
</strong>
</h4>
<p style="font-size:16px; line-height: 140%; margin: 5px 0px 10px;">
The company’s been quick to bring new toys to market — last year,
<a style="color: #192733; text-decoration: underline !important;">
48%
</a>
of Lego’s products were new — and in expanding its retail footprint. In 2022, Lego opened 155 new shops, with an emphasis on China, bringing its total store count to 904.
</p>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
Lego has also weathered global supply chain challenges relatively well because of its focus on vertical integration. Last year, the company broke ground on a new factory in Vietnam, and plans to open another in Virginia.
</p>
<h4 style="font-size:17px;height: 100%; letter-spacing: 0px; line-height: 22px; padding-top:8px; margin: 0px;">
<strong>
Digital has also been huge
</strong>
</h4>
<p style="font-size: 16px;line-height:140%; margin: 5px 0px 10px;">
The company
<a style="color: #192733; text-decoration: underline !important;">
said
</a>
its Builder App was downloaded 13.6m times in 2022, up 42% YoY, and that its social app was downloaded 7.1m times.
</p>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
Also in 2022, Lego’s website saw 395m visits, up 38% YoY, and the company’s digital team grew 43% to 1.3k people.
</p>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
This year, Lego plans to launch a kid-friendly metaverse as part of a $1B investment partnership with Epic Games.
</p>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
<strong>
Fun fact:
</strong>
Researchers
<a style="color: #192733; text-decoration: underline !important;">
found
</a>
that a single Lego brick can withstand 950 lbs. of force, or the weight of 375k bricks on top of it.
</p>
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<td style="padding-bottom: 5px;">
</td>
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<td style="width: 100%;">
<table style="width:100%">
<tr>
<td style="color: #bF2434; font-size: 16px; font-weight:bold; letter-spacing: 1.5px; text-transform: uppercase; padding: 10px 0px;">
TRENDING
</td>
</tr>
<tr style="padding-top: 10px;">
<td bgcolor="#EAF0F6" style="background-color: #EAF0F6; border-radius: 10px; padding: 5px;">
<table>
<tr>
<td class="dark-bg h2020 ignore-defaults" style="font-size: 16px; padding: 5px;">
<img alt="eyeball wearing a hat" src="https://inboxflows.com/_/image/https%253A%252F%252Fmedia.sailthru.com%252Fcomposer%252Fimages%252Fsailthru-prod-6ks%252Fwhats-trending-icon.png/?inbox_flows_img_sig=eyJwYXRoIjoiaHR0cHMlM0ElMkYlMkZtZWRpYS5zYWlsdCJ9:1pZswZ:13TE9XzTg47NxK0T0T2a01tmvUE-S5kE2m-9SZ0nisQ" style="width: 70px; height: auto;" width="70"/>
</td>
<td class="dark-bg h2020 ignore-defaults" style="font-size: 16px; padding: 5px 3px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Beef:
</strong>
Elon Musk publicly
<a style="color: #192733; text-decoration: underline !important;">
accused
</a>
ex-Twitter employee Haraldur Thorleifsson, who has muscular dystrophy, of using his disability to avoid work. Thorleifsson, Iceland’s 2022 person of the year,
<a style="color: #192733; text-decoration: underline !important;">
replied
</a>
via Twitter.
</p>
</td>
</tr>
</table>
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<td style="border-bottom-color: #eaf0f6;border-bottom-style: solid; border-bottom-width: 1px; padding-top: 15px;">
</td>
</tr>
<tr>
<td style="padding-bottom: 5px;">
</td>
</tr>
</table>
</td>
</tr>
<tr>
<td style="width:100%">
<table style="width:100%">
<tr>
<td style="color: #bf2434;font-size: 16px; font-weight:bold; letter-spacing: 1.5px; padding: 10px 3px 0px;">
SNIPPETS
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults dynamic-snippets" style="font-size:15px; line-height: 160%; margin: 0; padding: 15px 0px 3px 3px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Tik Tube:
</strong>
TikTok announced a new paywalled video feature called
<a style="color: #192733; text-decoration: underline !important;">
Series
</a>
. Each Series can include up to 80 videos, each up to 20 minutes long.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Speaking of…
</strong>
Senators unveiled
<a style="color: #192733; text-decoration: underline !important;">
another bill
</a>
that could make it easier to ban foreign tech with access to “sensitive personal data” from 1m+ Americans.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Met-uhhhhh:
</strong>
Facebook, Instagram, and WhatsApp owner Meta is
<a style="color: #192733; text-decoration: underline !important;">
reportedly
</a>
planning to cut thousands more employees. In November, the company slashed 13% of its staff, or 11k people.
</p>
<p style="font-size: 16px; line-height:140%; margin: 5px 0px 10px;">
<strong>
Speaking of…
</strong>
“Contrary to reports otherwise, Facebook is not dead nor dying,” Facebook head Tom Alison wrote in a new
<a style="color: #192733; text-decoration: underline !important;">
blog post
</a>
.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Hold up:
</strong>
The DOJ is suing to block JetBlue’s $3.8B acquisition of Spirit Airlines,
<a style="color: #192733; text-decoration: underline !important;">
arguing
</a>
the merger would result in pricier flights and fewer choices.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Bulking up:
</strong>
WeightWatchers is
<a style="color: #192733; text-decoration: underline !important;">
acquiring
</a>
Sequence, which offers subscription telehealth care for weight management, for $106m.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
California Gov. Gavin Newsom
</strong>
<a style="color: #192733; text-decoration: underline !important;">
announced
</a>
the state will cut ties with Walgreens over its decision to stop carrying abortion pills. Shares fell ~1.7% on the news.
</p>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
<strong>
‘Murica:
</strong>
Amazon
<a style="color: #192733; text-decoration: underline !important;">
said
</a>
its Black Friday NFL game will be free to stream for non-Prime members. “You see that tackle?!” “No, but my gosh — the prices on that toilet paper!”
</p>
<p style="font-size:16px; line-height:140%; margin: 5px 0px 10px;">
<strong>
Starbucks
</strong>
CEO Howard Schultz will
<a style="color: #192733; text-decoration: underline !important;">
testify
</a>
in a US Senate hearing over alleged union busting. To date, 290 cafes have voted to unionize.
</p>
<p style="font-size:16px; line-height: 140%; margin: 5px 0px 10px;">
<strong>
Employee-owned:
</strong>
Transforming a business into an employee-owned company is a powerful way for leadership to incentivize workers. Here’s
<a style="color: #192733; text-decoration: underline !important;">
how it works
</a>
.
</p>
</td>
</tr>
<tr>
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</td>
</tr>
</table>
</td>
</tr>
<tr style="display:block; padding: 10px 2px 0px;">
<td style="width: 100%;">
<table style="width: 100%;">
<tr>
<td style="color: #bf2434;font-size:16px; font-weight: bold; letter-spacing: 1.5px;text-transform: uppercase; padding: 0px 0px 10px;">
Feature story
</td>
</tr>
<tr>
<td style="padding: 0 0 1px;">
<a style="color: #192733; text-decoration: underline !important;">
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</a>
</td>
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<td align="left" style="font-family: 'Roboto', helvetica, sans-serif; color:#192733; font-size:12px; font-style: italic; padding: 5px 0px 10px;">
Zachary Crockett
</td>
</tr>
<tr>
<td>
<h2 class="brief-title" style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
Why some travelers fly across the world without leaving the airport
</h2>
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</div>
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2023-03-08T00:00:00Z
</div>
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Jacob Cohen
</div>
</td>
</tr>
<tr>
<td class="h2020 ignore-defaults brief-body" style="padding: 5px 0px 0px;">
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
A few years ago, Kimi Coy and her mother, Carolyn Benyshek, booked a mother-daughter trip to Singapore.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Benyshek flew 2.5 hours from Colorado Springs to meet Coy in Atlanta. The pair took a 15-hour connecting flight to Narita, Japan, then boarded another 7-hour flight to Singapore.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Less than 24 hours after landing, they flew home.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
Trips like this are known as mileage runs. These are flights where the mileage is the
<em>
purpose
</em>
, not the destination. Travelers take them to earn or maintain elite status with airlines.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
The airline miles propelled Coy into platinum status on Delta, qualifying her for several perks.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
“Sacrificing that one weekend was absolutely worth it,” said Coy, who also made a similar trip to Budapest.
</p>
<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
But are the miles really worth the trouble? And how do mileage runs stack up in a post-pandemic world of higher prices and fewer flights?
</p>
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Read the full story. →
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Free Resource
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<h2 style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px;line-height: 26px; font-weight: bold; margin: 10px 0px 5px;">
50 interview questions to keep you sharp
</h2>
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<em>
Practice?
</em>
We talkin’ about
<em>
practice
</em>
?
</p>
<p style="font-size:16px; line-height: 140%; margin: 5px 0px 10px;">
Damn right we are. But we did the hard part, and bundled this up for you.
</p>
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Here’s a pack of
<a style="color: #192733; text-decoration: underline !important;">
50 questions
</a>
that will prep you for success, upgrade your competence, and hopefully, help you hop on payroll.
</p>
<h4 style="font-size: 17px; height:100%; letter-spacing: 0px;line-height:22px; padding: 8px 0px 5px; margin: 0px;">
<strong>
Inside the interview guide:
</strong>
</h4>
<ul style="font-size:16px; line-height: 20px;padding-bottom: 10px; padding-left: 12px; margin: 0;">
<li style="font-size:16px;line-height:140%; margin: 0 0 0 15px; padding: 0px;">
Pregame pointers
</li>
<li style="font-size:16px; line-height:140%; margin: 0 0 0 15px; padding: 0px;">
50 common questions (with explainers and examples)
</li>
<li style="font-size:16px; line-height: 140%; margin: 0 0 0 15px; padding: 0px;">
10 questions for hiring managers
</li>
</ul>
<p style="font-size:16px; line-height: 140%; margin: 5px 0px 10px;">
Shoot your shot — and do it with confidence.
</p>
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Served Cold
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<h2 class="brief-title" style="font-family: 'Oswald', 'Roboto', helvetica, sans-serif; font-size: 22px; line-height: 26px; font-weight:bold; margin: 10px 0px 5px;">
Americans want revenge on companies for bad service
</h2>
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Nearly 75% of Americans had a problem with a company in the last year.
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2023-03-08T00:00:00Z
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Mark Dent
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Now is not the time to mess with the American consumer.
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Per
<a style="color: #192733; text-decoration: underline !important;">
<em>
The Wall Street Journal
</em>
</a>
, the National Customer Rage Survey indicates more people than ever are pissed off at companies. New results show 74% of consumers had a problem with a company’s product or service in the past year — up from 66% in 2020, 56% in 2017, and 32% in 1976, the first time a similar survey was released.
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<strong>
People are angry because…
</strong>
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<p style="font-size: 16px; line-height: 140%; margin: 5px 0px 10px;">
… of a decline in quality across the economy.
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Between 2018 and 2022, the American Customer Satisfaction Index fell from ~77 to 73 on a scale of 0-100, the lowest level
<a style="color: #192733; text-decoration: underline !important;">
since the early 2000s
</a>
. Industries like fast food, gas stations, and hotels saw declines in satisfaction.
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<p style="font-size:16px; line-height: 140%; margin: 5px 0px 10px;">
A rising number of frustrated consumers are letting companies hear about it: 43% of Rage Survey respondents said they raised their voice when sharing their complaints with a company, up from 35% in 2017.
</p>
<p style="font-size: 16px; line-height:140%; margin: 5px 0px 10px;">
They get even louder when they find out they’re talking to a robot. Rage Survey respondents described “being forced to listen to long messages” before speaking to a human as one of their biggest beefs.
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<strong>
Revenge levels are up, too
</strong>
</h4>
<p style="font-size:16px;line-height: 140%; margin: 5px 0px 10px;">
Per the Rage Survey, 9% of Americans, up from 3% in 2020, have sought revenge against a company by publicly complaining online or in person. That’s still down from a 17% average between 2003 and 2017.
</p>
<p style="font-size: 16px; line-height:140%; margin: 5px 0px 10px;">
All that anger can be expensive. In 2020, researchers behind the National Consumer Rage Survey
<a style="color: #192733; text-decoration: underline !important;">
estimated
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that bad customer service could cost corporations $494B.
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AROUND THE WEB
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<strong>
🚐 On this day:
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In 1950, Volkswagen began
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producing
</a>
its microbus, now an icon of the ‘60s hippie movement.
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🍬 Cure boredom:
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Gain candy, spend it on gear, and go on fantastical quests in this
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cute RPG
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.
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🤖
<strong>
Video:
</strong>
This
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explainer
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breaks down the truth about AI, and how marketers and entrepreneurs can take advantage.
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<strong>
🐻❄️ That’s interesting:
</strong>
In a remote Canadian town, a
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polar bear jail
</a>
helps them coexist with humans.
</p>
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<strong>
🐘 Aww:
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And now, a
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sugar cane toll
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.
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Hurry, mom!! They’re picking my brain!! (
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1 year, 9 months ago - news@thehustle.co
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