Word: markdowns
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...capture youngsters, manufacturers frequently seed schools or universities, giving discounts on computers in order to get their machines in the door. Such practices date back to the mid-1950s, when IBM gave colleges a 60% markdown on its giant Model 650 computer. The venture paid off when students trained on IBM equipment went on to head data-processing departments in industry...
...three stores feature the same half-price markdown for most of their used stock McIntyre and Moore will be open seven days a week, while the others are closed Sunday...
...small fraction of what the U.S. buys each day. The U.S. could easily sell some of the rest abroad, but only at a discount. The 95? per lb. that the Government pays for dry milk, for example, is almost 70? higher than the price on world markets. Moreover, any markdown could anger consumers, since other nations would be getting U.S. dairy produce at a cheaper price than Americans...
...have pledged to keep currency-exchange rates within a 4.5% range of fluctuation; the franc is trading right at the bottom of that range. Some French industrialists would welcome a devaluation as a means of making French products cheaper abroad, and some currency traders expect a 5% to 10% markdown to take place some time this year...
...company is offering a $100 bounty to customers who trade in certain cars made by its competitors. This week, for example, a motorist trading in a used Chevrolet Vega or Ford Pinto for a new Swinger would get a $300 check from Chrysler, regardless of what kind of markdown he was able to get from the dealer on the car's basic sticker price of $3,518. In this case, the rebate would in effect cut the list price of the Swinger to $3,218-a reduction...