Word: discounts
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Dates: during 1990-1999
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...There used to be stores for the students, but I'm told that students aren't buying that stuff anymore, that they go to malls and buy discount," Gifford says...
Oona's, which sells used clothing and costumes, is one of the Square's constants and one that caters to the discount crowd. Owner Kathleen M. White says the change in the target market was driven by the hike in residential rents...
With studies showing that 13 percent of Americans plan to travel to their vacations by air this summer -- a 3 percent increase over last year -- airlines have little incentive to discount. Still, there may be some relief before the year is out. "If past airline patterns hold true, one or two of the major carriers will eventually break with the pack and lower fares to get a competitive edge, prompting the others to follow," says Baumohl. The only question -- whose answer will probably come too late for most vacationers -- is when that will happen. So until further notice, make sure...
Frustrated flyers who insist that air travel is more costly, crowded and chaotic than ever won a powerful ally last week: the U.S. Justice Department. In an antitrust suit that stunned major U.S. carriers, Justice accused No. 2, American Airlines, of driving three small discount rivals out of Dallas-Fort Worth International Airport. Trustbusters said American flooded routes served by upstarts Vanguard, Sun Jet and Western Pacific with its own new flights and illegally slashed fares below the cost of providing the seats--a practice known as predatory pricing. American, which carries 77% of all passengers who fly nonstop from...
...back offices of supermarkets and discount stores, Pepsi is waging another kind of war, pitching itself not just as a supplier but also as a partner in a highly competitive business. Combined, Pepsi, Frito-Lay and Tropicana account for $11 billion in retail sales at supermarkets--hefty numbers that Coke can't match. "We represent up to 13% of their profits," says PepsiCo's new senior vice president for sales and marketing, Al Carey. Last month Carey accompanied Enrico and the presidents of Pepsi, Frito and Tropicana on a historic first joint call on a major retailer to remind...