Word: pricier
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...grocery store since corn derivatives are (alarmingly) ubiquitous. As the corn industry became more lucrative, farmers switched from other vegetables and grains to this cash crop. This decreased the supply of alternate produce and also increased its cost. As non-corn crops became more expensive, animal feed also became pricier and the cost of the meat, in turn, reflects this increase.While farmers in Iowa are enjoying their first Caribbean vacations this winter due to the unprecedented success of the corn crop this season, Mexico is struggling with tortilla riots. Food aid organizations are grappling with rising costs and decreasing supplies...
...trying to relate better to shoppers, Wal-Mart has bumped up training to improve what it calls customer engagement. In its redesigned consumer-electronics section, for instance, the company has discovered that it can sell pricier merchandise like flat-panel televisions and GPS equipment, but customers need a little hand-holding before laying down $1,500 for a set. It's happening just as consumer-electronics giant Circuit City has laid off 9% of its sales force and replaced it with less experienced, less expensive hires. Wal-Mart says same-store sales were up 4.6% in electronics in the past...
...fellow Chinese, may soon be reverberating around the world, and particularly loudly at big-box retailers like Wal-Mart in the West. That's because all those inexpensive exports gushing out of Chinese factories - the $15 sweaters, the $25 sneakers, the sub-$100 DVD players - may start getting pricier as the mainland struggles to bring its runaway economy under control. Not all economists agree it's inevitable, but some are warning that an era during which low-cost Chinese production helped to maintain unusually stable prices for manufactured goods around the world is coming to an end. This view...
True, lenders have tightened standards, and some buyers qualify for less house. Yet rates are still relatively low--though loans of more than $417,000 have gotten pricier faster...
...only is it a handy marketing device--"our cars are tailor-made," BMW's chief executive, Norbert Reithofer, can boast--but it's also profitable. BMW customers, it turns out, often have second thoughts. And when they do, they invariably add ever pricier accouterments. The company says customers change their orders more than 1 million times a year. BMW doesn't break out details of the additional revenue, but given the profit margins on many add-ons, "it's like a big dollop of cream on the cake," says Peter Schmidt, a British-based auto-industry consultant...