Word: discounting
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...effort to protect the forest, California wants to buy from the Federal Government some $60 million of Maxxam bonds, hopefully at a discount. The state would then hand the bonds back to Maxxam, freeing the company from ever having to repay that debt. In return for the bonds and an undetermined additional payment, Maxxam would give the forest to the state...
...thrifty chic. Penny pinching is back in vogue, even among the rich. Jackie O. shops at the Gap. Christie Brinkley wears plain white men's T shirts. Outside B.J.'s Wholesale Club in Medford, Mass., a white stretch limo waits at the curb while its passengers roam the cavernous discount warehouse. At Tom's Barber Shop in Jacksonville, lawyers and executives sit down next to truckers and shipyard workers for a $6 trim. At Deja Vu, a Palm Beach boutique that sells used designer clothes, women who once sent their maids and drivers to the back door with bundles...
...buzz word among marketers is "value" products, meaning quality at a low price. The Campbell Soup Co. has introduced discount frozen foods, including Swanson budget dinners (average cost: $1.39). In the hope of stemming a decline in business that typically reached 20% in the past year, restaurants are adding such moderately priced classics as fried chicken, meat loaf and bread pudding. Restaurateurs have coined a phrase for it: "casualization." In fast food, price is the object. After Taco Bell won new fans by pricing about half its items at 99 cents or less, Burger King began offering Burger Buddies cheeseburgers...
...Undergraduate Council truly wishes to gain students' respect, (the absence of which was best illustrated by the large decrease in student contributions this past fall), it cannot discount the importance of student perception...
Bentonville could be an option; after all, the wealthiest person in the United States lives there and really does drive an old pick-up truck. And from the size of Fort Wal-Mart, the gargantuan office complex of the nation's largest discount retailer, I would guess that Sam Walton owns more office space in Arkansas than the state does. But chances are that Walton will not talk to tourists. Those who want to see a large office building can go to the Pentagon. It's closer to Harvard, and Colin Powell works there...