Word: bargain
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Dates: during 1990-1999
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...Buying bargain imports, though, is smart, very smart. In Elizabeth, N.J., the grand opening of IKEA's 6.2-acre furniture store in May created nightmarish gridlock usually seen only for the nearby Giants football games. More than 25,000 eager shoppers heading for the Swedish-owned store jammed the New Jersey Turnpike, and 200 others camped in the parking lot overnight to get first crack at the firm's $39 bookcases, $7 rag rugs, $98 pine beds and other basic furnishings. Parents could drop off their children in a play area supervised by store employees before turning to serious shopping...
...habits, of course, die hard. Even bargain hunters can get carried away when confronted with tempting prices. And many shoppers still rationalize luxury purchases as investments. In Santa Monica, Calif., the local Lexus dealer cannot keep the $40,000 Toyota sedans in stock. Customers say the car is worth much more than its sticker price. Posh shops on Rodeo Drive in Beverly Hills continue to be packed. But the days of wretched excess have passed for most consumers. Some of the same folks who dropped expensive brand names like credentials last year are impressing their friends by rattling off discount...
...Bush is basically a decent man whose decency, unfortunately, is about an eighth of an inch thick; a man whose personal decency masks, rather than enhances, his public role; a good person, if there's no reason not to be, but a sucker for a Faustian bargain. He can be had cheap -- political convenience will certainly suffice. And that's not nice...
...moment, motorists may wonder where the bargain is. While crude prices have fallen from nearly $17 a year ago to about $13 per bbl. currently, the average price of regular unleaded gas has declined only about 4 cents per gal., to $1.08. The main reason gas prices have lagged behind the fall in crude is a shortage of U.S. refining capacity. Demand for gasoline has risen in recent years, but new refinery construction has been hampered by environmental protests and changes in tax laws. As a result, refineries have been reaping fat profits, a growing portion of which is heading...
Houston's bargain-price land and labor have lured dozens of companies, including small steel mills, toolmakers and clothing manufacturers. The cost of office space, at $15 per sq. ft. (compared with $43 in Manhattan), is among the lowest in the U.S., and the median $69,000 price for a single-family home is about 30% below the U.S. average. At the same time, aggressive promotion has helped Houston keep its newcomers close to home. When fast-growing Compaq Computer hinted that it might pick another locale for a 4,000-worker plant expansion, community leaders assembled a $7.7 million...