Word: lowerator
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Dates: during 2000-2009
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Ellen Davis, an NRF vice president, says shoppers were intensely focused on staying within budget. "Shoppers were looking for deals on lower-priced items - such as $10 toys and $9 books, not $1,000 flat-screen TVs," said Davis during a conference call on Sunday...
...From Target's $3 coffeemakers to Best Buy's half-price washing machines to Staples's $350 laptops, the theme of this holiday shopping season is, without a doubt, "we sell for less." Even Wal-Mart's commitment to "every day" low prices isn't preventing it from going lower. An online skirmish with Amazon.com that started with $9 hardcover books (books normally sold for three times that amount) has dominoed into other categories, driving down prices on everything from mobile phones to Easy-Bake ovens. The deals are everywhere. (See pictures of expensive things that money...
...agile. they can be heard long before they're seen, grunting in the jungle canopy. The males have potbellies and, of course, those bulbous noses, giving them a resemblance to old drunks. They climb trees in the same way - crashing around, missing their targets and tumbling down to the lower branches. Proboscis monkeys are, in short, a hilarious sight, and Malaysia's Bako National Park, in Sarawak, Borneo, offers a chance to catch them in their wondrous awkwardness. Reachable only by boat from the small village of Bako, 40 minutes' drive from the regional capital Kuching...
...will come down to a game of chicken, in which consumers face off with retailers over price to see who blinks first, says AlixPartners' Eshelman. But with inventories significantly lower, the desperate markdowns may never happen. "Retailers are focused much more on profitability than on sales growth," he says. "So I think retailers have a better chance of winning that game of chicken this year than in years past...
Stories like theirs have reportedly led some families to strategize by listing schools in lower demand as their top choices instead of their true preferences...