Word: discounter
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...longer ache. They start to look better in clothes," he says. "Those benefits become their own reinforcements, so you can turn off the incentive program." Employers and insurers could adopt a similar program, with monthly premiums falling along with the numbers on the scale. "We all tend to discount amorphous health benefits that will come sometime in the future," Volpp says. "So the key is to provide some immediate gratification...
...iPhone will soon be making its first appearance in Wal-Mart, the nation's largest discount chain. But, contrary to some reports, don't expect any big discounts...
...credit. A large chain near New York credited the region's unseasonably cold weather for relatively decent sales of outdoor and winter apparel in November, while the only retailer to report an increase in sales in the Fourth District, which includes Ohio and Kentucky, was a national discount chain. A domestic car dealer in West Virginia told the Fed his average sales have gone from 250 cars per month to just six in November...
...long way toward solving Detroit's revenue problem. Between Detroit and the transplants, there are around 17 million units of manufacturing capacity in the U.S. In 2007 vehicle sales hit 16 million, but about 2 million of those were driven by the combination of easy credit and discount pricing. In a normal economy, the true size of the business may be closer to 15 million units. The Detroit Three simply have to generate more revenue per car and, not incidentally, a profit. Right now, the revenue gap per car is $4,000 vs. Toyota...
...considering a multibillion-dollar bailout for the Big Three auto companies [Nov. 24]. Why not help consumers at the same time? For three months, every time a new car is sold, the government should absorb half the list price, paying that sum directly to the car dealer. This discount available to the buyer could be reduced in stages during the rest of 2009. In return for this boost, the Big Three must agree to increase gas mileage and reduce car sizes. This scheme would keep most Detroit workers employed while avoiding the indiscriminate award of vast sums to the automobile...