Word: cheaping
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Dates: during 2000-2009
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...alarmingly attractive, and unbearably nice parents you would probably not actually want. The Porters host bountiful open houses at their residence, more regularly than your girth would like (watch out for Mrs. Porter's apple pie). Besides providing Dunster residents an alternative to the grille (a great place for cheap eats—but if you live in C-entryway, be warned of the wandering fumes), the Porters will gladly be your dinner date. The couple is known to flit about the dining hall to sit down with every diner they see. If you're lucky enough, Mrs. Porter will...
...Alas, therein lies Target's problem. Things are so bad, even cheap clothes are a luxury now. Why pull a new shirt off the store rack when you can snatch one out of the closet for free? Food, however, is not discretionary. Everyone has to eat, and more consumers want to dine at home to shave expenses. And there's a certain merchandising mammoth fulfilling that crucial grocer's role for consumers much better than Target. (See pictures of stores that are no more...
When times are tough and consumers are "trading down" to buy more inexpensive goods, you'd think that a discount retailer like Target would flourish. After all, it's the place you go for quality clothes at affordable prices - cheap-chic designer Isaac Mizrahi offers a line - low-cost home accessories and perhaps a grocery item...
...What's more, Walmart isn't just some massive outlet that peddles cheap wares; it has focused on food for a long time, and is really hitting a stride during the recession. "Walmart works hard to build a strategy around groceries," says ARG's Beemer. "They look at groceries as a way to get people in the store for the first time. Target sees it as an add-on sale." In a research note titled "It's Walmart's Time & Investors' Opportunity," Deutsche Bank analyst Bill Dreher Jr. wrote, "Bottom line, Walmart is executing flawlessly...
...government hopes to revive securitizations by luring buyers back into the market. To do so, the TALF program offers cheap loans to investors who want to buy bonds backed by consumer loans. Even better, some of the TALF loans won't have to be paid back. If the bonds pay as expected, investors will have to repay the government loans with interest. But if the bonds go bust, investors are off the hook, after losing the small down payment they made on the original loan. To limit taxpayer losses, the government is going to make loans only against bonds rated...