Word: unsold
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...statement yesterday, Little, Brown—the publisher that reportedly gave Viswanthan a two-book, $500,000 contract—asked stores to send back any unsold copies of "Opal Mehta." The move came only a day after Michael Pietsch ’78, senior vice president and publisher of Little, Brown, told The New York Times that the publishing house would not withdraw current editions of the novel from bookshelves...
Most of the hot Broadway shows now offer an unspecified number of unsold house seats (those prime orchestra seats reserved for VIPs like ... well, theater critics) for what would once have seemed exorbitant prices. The cost of seeing Ms. Roberts without straining your neck or bringing your telescope: $250. Make that $251.25, counting the $1.25 "facility fee," intended to help keep up a theater where the seats are still cramped, the ushers surly and you can't bring your drink inside the theater after intermission. And the scalpers used to be outside the theater...
Rebates have been a part of the car business since Lee Iacocca proclaimed in the 1980s, "Buy a car, get a check." They're now cropping up in an unlikely place--hybrids. Spooked after unsold Escape hybrid SUVs started piling up this winter, Ford is offering incentives of as much as $1,000 in an effort to goose sales of the $27,515 vehicle. In Los Angeles, where hybrid drivers get access to car-pool lanes, Ford is offering 0% financing on the Escape, the first hybrid made by a U.S. automaker...
...report released on Monday by the National Association of Realtors seems to agree. Sales of previously owned homes fell by nearly 3% in January, the fifth monthly decline in a row. The Realtors' group also estimates that more than a half-million new homes are sitting unsold, staying on the market about five months, the longest time in a decade. While that may sound like bad news for sellers, buyers are happily finding more time to pick and choose property. According to NAR's chief economist, David Lereah, "This looks like we're touching down for the soft landing...
...personal computer seems like a risky venture, since the home market is almost comatose. Apple recently closed three of its six factories and laid off 1,200 of its 5,800 employees. Some retail chains say they will not carry the Amiga because they are sitting on too many unsold IBM or Apple machines or are waiting to see if the Amiga is successful...