Word: bargainers
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...children and memorabilia-mad collectors with its pricey playthings and nutty name for nearly 140 years. Recently, the company announced that its Mecca of New England, the FAO Schwarz at 440 Boylston St. in downtown Boston, would be closing its tiny-handprint-streaked doors for good. After spotting numerous bargain hunters stumbling through the streets of Boston with hefty FAO bags overflowing with their plunder, FM donned its riot gear to investigate the chaotic consumerism at this childhood playground. The store hummed with activity—desperate customers cleared the shelves of goods as if preparing for a hurricane...
...expedite" the processing of any award flight purchased within three weeks of travel. (The restriction used to be just two days.) Northwest and Continental Airlines have both increased by 5,000 the number of miles required to earn a free flight. Delta is making it tougher for bargain flyers to win "elite" status (which gives them perks like upgrades to first class); passengers traveling on discounted tickets now get only half as many points toward elite status as full-fare travelers. US Airways tried something similar but backed down when its frequent flyers balked. But the airline found another...
...waiting on research that rules out any link between the new pitches and player injuries. Despite initial installation costing upwards of €375,000 for a synthetic field, compared with €140,000 for grass, the increased usage and much-reduced maintenance costs can make the switch a bargain. In U.S. high schools, teams that have the new synthetic grass say it's safer than real grass, which can become dangerously uneven if it's overused. Steve Lowe, groundkeeper at Claremont High School in California, which switched to FieldTurf last year, says players have had fewer injuries on the synthetic...
...impossible to determine how many millions of these bargain-basement CDs wind up in China. Most music-label executives won't talk about it on the record, and no one is monitoring the traffic. (BMG in New York would not comment for this article; EMI in London and Universal in Los Angeles declined repeated interview requests.) But it's clear this amorphous gray market is entrenched. The discontinued or surplus CDs, generally known as "cutouts" in the West, are in China called dakou (saw gash) because some albums have a telltale notch in the jewel box and sometimes...
...marketing mistakes, the majority of labels dispose of surplus or discontinued albums by selling them to middlemen for less than $1 per disc, according to industry executives. In most cases, artists who would ordinarily be paid royalties for album sales get nothing once their work is destined for the bargain bin or scrap heap, says Donald Passman, author of All You Need To Know About the Music Business and attorney to major acts such as Mariah Carey, Janet Jackson and R.E.M. Few musicians complain, how-ever, so "I don't think the record companies will get too concerned about...