Word: sell
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Dates: during 2000-2009
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Marshall Cohen, chief retail analyst at NPD Group, sees the Black Friday glass as half-full rather than half-empty. "The fact that retailers were able to sell as much, if not more, product at a 40% discount, compared with last year's 75% storewide discount, was positive," says Cohen...
...when world markets collapsed last year, so did Dubai's real estate market, leaving developers like Nakheel struggling to finish projects and pay suppliers. Speculators fled, and thousands of expatriates and locals who had bought into the dream were left owning unfinished condos or houses they could not sell. Residential real estate prices have fallen by almost half in the past year, the deepest decline anywhere in the world. (Read: "How Wall Street's Bust Threatens Dubai's Boom...
...price wars have gone nuclear. 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...
...session. "Wars have a way of crushing sound budgeting," says Gordon Adams, who handled the Office of Management and Budget's military account during the Clinton Administration. "It's a good idea to have the budget chief around when you decide to do that - especially if you have to sell it to a reluctant majority on the Hill...
...care reform. They run into roadblocks - from their own unruly ranks as well as from Republicans. They get lost in the details. A tax cut is much easier to explain than a tax increase. A foreign policy based in bluster - railing against an "axis of evil" - is easier to sell than a foreign policy based in nuance. Of course, external events count a lot: the ratings of Bushes I and II were bolstered, respectively, by the disintegration of the Soviet Union and the flattening of the World Trade Center. Reagan's rating - 53% and headed south - was dampened...