Must-Read Money Stories for Wednesday, March 8

by March 8, 2017
A new study found that airports are in serious need of money. (Photo via Pexels.com)

A new study found that airports need $100 billion for capital projects during the next five years. (Photo via Pexels.com)

Groceries at your local mall

Malls were once busy centers with shoppers looking through numerous stores for clothes and electronics, but their popularity has certainly fallen off. So, what could help business? The Wall Street Journal reports that it might be groceries. Natick, Massachusetts, Bloomington, Indiana and Upper Arlington, Ohio are just a few towns with malls that have welcomed or are expecting to bring in a supermarkets where a J.C. Penny’s or Macy’s once stood.

Airport overhaul

American airports are in need of some serious cash, according to a recent study from the Airports Council International-North America. In its most recent bi-annual study, the group estimates they need almost $100 billion for capital projects during the next five years, Bloomberg reports. President Donald Trump has spoken out about improving infrastructure and airline executives and airport managers will certainly make an effort to bring in money from whatever funds and investments are made available.

Just do it

Nike is releasing a special hijab for female Muslim athletes who compete while wearing the head cover, CNN Money reports. The “Nike Pro Hijab” features a single-layer pull-on design made from lightweight polyester that took 13 months to design. The company said it began developing the covering after complaints from some Muslim athletes about competing while wearing the tradition hijab. It is already being worn by Emirati figure skater Zahra Lari.

Snap it

IKEA has found a lot of success in the U.S., but putting together a piece of its furniture can be torturous. That might finally change, however. The Swedish company has been looking for a way to manufacture its furniture so it would simply snap together, eliminating the need for metal parts and those small tools. After successfully trying out their new assembly method in two lines in 2014, IKEA is ready to move it to more models, according to Quartz. It might really help customers save some time and frustration. The company’s range and supply chief told Dezeen that he was able to put together a table that normally takes 24 minutes in only three minutes with the new method.