Word: discount
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Dates: during 1980-1989
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...suggest publicly what the Justice Department ought to do in a case that it has not yet even investigated. But Carter's tongue ran on. "I would guess civil penalties would be more appropriate," he said of Clark's trip. "I am not trying to discount the possibility of criminal prosecution." Carter said he had been advised by Attorney General Benjamin Civiletti before issuing his travel ban on April 17 that his order was legal. Moreover, said Carter, Clark was "a misguided American," whose mission "might exacerbate an already serious situation and cause further damages to the hostages...
Alarmed by the decline in charge purchases, some retailers, such as Sears, are urging their credit customers to come back and spend. But many others are offering discounts for purchases made with old-fashioned folding money. At Pure Gold, a jewelry boutique in Atlanta, the response to a 10% cash discount has been "terrific," according to a saleswoman. Last week the House of Representatives gave further encouragement to the trend by voting to lift cash-discount restrictions. At present some states limit to 5% the discounts offered as incentives for payment in cash...
There are some clear signs of scrimping. Anything that smacks of more value is likely to catch buyers' eyes. Discount stores are even racking up sizable gains as department store profits decline. K Mart's business in the first quarter was up 14% while Sears' grew a meager 1.5%. Sales of so-called no-brand generic products, which can be substituted for their nationally advertised siblings but are packed in plain black-and-white packages, are also on the increase. The plain-marked product often sells for 30% to 50% less than the national brand, and some...
Consumers will be looking hard for value as the economy continues to slow down. Says Chicago Car Salesman José Lescano, 29: "I buy good quality, but I shop carefully." Lescano now buys $25 shirts for $8 at a local discount center, and he and his wife Marie have cut up all their credit cards and eliminated restaurant meals...
...fact revised may depend on the effectiveness of various Soviet inducements. A free team ride to Moscow on the Soviet airline Aeroflot was sufficient to reverse the no-go decision of the cash-strapped Costa Rican Olympic Committee. Thailand, on the other hand, was offered only a 50% discount on Aeroflot in exchange for altering its plan to stay home. No thanks, said the Thais, who, along with other non-Communist Southeast Asian nations, are supporting the boycott. Jordan, which is sending a team to Moscow, was reportedly promised a visit by the Bolshoi Ballet. In South America and Lathi...