Word: unloadings
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Shoppers may not jump at the early discounts. Many consumers are still in a frugal mind frame and can easily recall how retailers slashed prices up to 85% last November and December to unload huge inventories. At that time, shell-shocked retailers, rattled by the collapse of Lehman Brothers, the crisis at AIG and upheaval in the credit markets, pushed the panic button...
...Deadspin editor A.J. Daulerio, feeling that an ESPN communications source had misled him about the truth of the Phillips story over a month ago (a claim that ESPN fiercely denies), took it upon himself to air alleged dirty laundry about ESPN employees. "It's probably about time to just unload the inbox of all the sordid rumors we've received over the years about various ESPN employees," he posted. "Chances are, at this point, there's some truth to them . . . So, Bristolites [ESPN is based in Bristol, Conn.], strap in - it's going to be a long...
Just when eBay thought it had figured out a way to unload a majority interest in Skype, along came the Scandinavian founders of the world's biggest provider of Internet telephony to sink the $1.9 billion deal - and perhaps Skype itself...
...response, upscale department stores such as Saks Inc., closely-held Neiman Marcus and Nordstrom Inc., started slashing prices to unload a glut of inventory. Saks fired the first volley, slapping 70%-off signs on luxury designer clothing in early November 2008. Neiman and Barneys frantically followed suit...
...began in May 1939, when unemployed factory worker Mabel McFiggin collected stamps to buy surplus butter, eggs and prunes in Rochester, N.Y. McFiggin was the first person to take advantage of the experimental program, designed to improve on Depression-era commodity-distribution systems developed to aid the needy and unload surplus wheat and other products bought by the government to support farm prices. Food stamps originally came in two colors: recipients bought orange stamps, which could be used for any kind of food, and they were given half that amount in free blue stamps, which could be used...