newyorker.com - 24 days ago
—
In the spring of 1992, the airline industry was in dismal shape, debilitated by the recently ended recession and an overreliance on discounting. So American Airlines announced a new “value pricing” plan, which entailed cutting fares while replacing complex discounts with a simple, ...
nytimes.com - 17 days ago
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nytimes.com —
PHOENIX MAX JOHNSON, your life is about to
be rocked. Max, a 13-year-old boy in Minneapolis, is...
lucky enough to be a neighbor of Donna Wiederkehr, who works with the Alliance for Family Entertainment of the Association of National Advertisers . At ...
(more)
Advertising - Economic Concerns Top Agenda at Annual ...
thestar.com - 24 days ago
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thestar.com —
W al-Mart Stores Inc. has a problem. The
world's biggest retailer tips the scales at just over...
$400 billion (U.S.) in annual sales. It is a perpetual growth machine. But it doesn't have a stock valuation to match. At Wal-Mart, repeatedly held out as a ...
(more)
Mart's grave situation
jeffjacoby.com - 29 days ago
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jeffjacoby.com —
THE AMERICAN BOOKSELLERS ASSOCIATION loves people who buy
books. It loves them so much that it wants...
to protect them from wicked retailers who sell popular titles at affordable prices. In fact, it wants to protect them from themselves. Consumers, after...
(more)
The war against affordable books
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Monday links: hoarding cash
Abnormal Returns —
... James Surowiecki, “Wal-Mart and Amazon have figured out how to fight a price war and win: make sure someone else takes the blows.” (New Yorker, ...
links for 2009-11-02
Economist's View —
... Libertarians and delusionism - John Quiggin
The Amazon Wal-Mart price war - The New Yorker
Misunderstanding ...
Wal-Mart versus Amazon?
Economist's View —
...
Priced to Go, by James Surowiecki: In the spring of 1992, the airline
industry ... found itself in the middle of a full-fledged price war. In a matter
of months, the airlines collectively lost four billion dollars. ...[A]t bottom
it was just like other price wars: all the companies involved got hurt. ...
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