Word: discounter
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Dates: during 2000-2009
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...founder and CEO, says his next project is to do his version of VCE: resell surplus tech hardware not only to consumers but also to mom-and-pop retailers for around 40% off the wholesale price. By comparison, mega-stores like WalMart usually get at most a 10% discount from jobbers or liquidation agents. Couple that with Overstock's tiny minimum wholesale order--six units--and it appears that Byrne is trying to play Robin Hood to America's 130,000 small retailers. "These guys are getting put out of business by WalMart because they get lousy service from manufacturers...
...revolve around me, so I'll grant that some people - maybe many people - would love to have a Screenfridge. Or a Screenwashing-machine. Or a Screenvacuum-cleaner. Me, I'll just take that house in San José if they ever put it on the market - at a deep discount, of course. I'm no Bill Gates...
...South African government has forced international pharmaceutical companies to back down from attempts to stop the country importing cheaper generic versions of patented AIDS treatment drugs. But even at the discount prices offered by manufacturers in India, the government of the cash-strapped African nation remains reluctant to invest the billions of dollars required to keep a burgeoning AIDS population alive. By inspiring them with his life and struggle to survive, Nkosi Johnson's dying has served as an indictment, not only of the South African authorities but of all the governments and corporations with the means to make...
...Iraq has loudly resisted the new proposals and threatened to cut off discount oil supplies to any of its neighbors that go along with the new program, but sympathy for continued sanctions against Iraq is at a low ebb in the Arab world anyway - and the continuing Israeli-Palestinian violence, which has raised the anti-American temperature across the Arab world makes it even more difficult for Arab leaders to be seen to endorse new sanctions. But Russia, France and other U.N. Security Council members have also raised objections to many of the details in the U.S.-British proposal, rendering...
...existing trend. Our campus culture emphasizes quantifiable achievement as exemplified by test scores, grades, colleges and status occupations. Students reached Harvard by succeeding on quantifiable terms; many of us have been trained from early on to think of careers first and families second. These measures of success tend to discount the rewards and achievements that come from being a member of a community or a family. Harvard’s measures of success have gained meaning in our culture as the perceived value of a rich family life and personal fulfillment through social activity has declined...