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- 11 things on deep discount in January (1 1 25)
11 things on deep discount in January (1 1 25)
Anthony Hazzard
January 01, 2025
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The restaurant business isn't looking so well heading into the new year. But can it survive? Find out the details later in this email.
💵 Today’s Top Stories
 | Get cheap Christmas decorations, exercise equipment and organizing supplies! If you want something with a little more pizzaz, try National Spaghetti Day and deals on warehouse clubs. Read more. |
 | Clark calls himself “the man from Roth.” Here’s what makes Roth accounts so great and why he professes his undying love for them. Read more. |
 | Do you know how much money you need to save every month to reach your magic retirement number? Use our free calculator to input your goal, current savings, estimated rate of return and how long you plan to invest to see just how much you need to save each month to achieve your dream of financial freedom. Read more. |
 | Freezing your credit is the best thing you can do to protect yourself against identity theft. Here’s how to do it at Experian, Equifax and TransUnion. Read more. |
🥩 The Restaurant Business Appears In Crisis To Start 2025
Financial newsletter The Daily Upside recently published an email with the subheader “Is the Restaurant Industry at the End of an Era?”
It mentions that restaurants are getting pummeled by years of multipronged inflation across food, labor and real estate costs. Commercial real estate prices, “especially in major urban areas and city cores … appear to be defying gravity,” the piece points out, suggesting it might be in a bubble as prices aren’t matching foot traffic.
Then The Daily Upside poses an eye-stopping question: “Can the industry survive?”
While it may be hyperbole in totality, there’s plenty of factual evidence to support it on a localized scale: Denny’s, Wendy’s, Subway, MOD Pizza, Red Lobster and TGI Fridays are among the notables that have closed locations by the hundreds, filed for bankruptcy or both.
According to a National Restaurant Association survey in 2023, 38% of operators claimed their restaurants were not profitable. Almost three-quarters of restaurants took on more than $50,000 in new debt since the start of the pandemic.
Commercial real estate prices moderating, and corporations winning their share of skirmishes in the “back-to-the-office” war, could bring relief, The Daily Upside posits. While automation, Artificial Intelligence and robots are probably further away from making the impact that you may guess.
💸 Today’s Top Savings Rates
Check out our updated list of Clark.com-approved high-yield savings accounts with the highest rates. Here are the top five APYs on our list as of January 1, 2025.
📊 Stat of the Day
📈 +25.9%: The S&P 500’s 2024 performance as of the morning of Dec. 30. It’s the fourth-best performance for the prominent U.S. stock market index since 2003.
💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast
YouTube TV is raising prices in 2025. As cable and major streaming services continue to get more expensive, what are the options to lower this monthly bill without losing the channels we love?
In this video, streaming expert Nick Cole shows you how to use the Clark.com Streaming Channel tool to find cheaper alternatives to cable and pricey streaming services like YouTube TV. Plus, we’ll take a look at an example so you can see how much money you can save by switching to a new streaming service – without sacrificing the channels you love.
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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