jeffjacoby.com - 29 days ago
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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...
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
newyorker.com - 24 days ago
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newyorker.com —
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 ...
(more)
James Surowiecki: Priced to Go
boston.com - 29 days ago
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boston.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, ...
(more)
Latest battle in book price wars
Comments
Blog Reactions
Greedy Special Pleading Is Always Ugly
Cafe Hayek —
... In today’s Boston Globe, columnist Jeff Jacoby well and truly explains why the American Booksellers’ Association should be ignored when it complains about competition driving down the prices of books. ...
Big-Foot Economics
Cafe Hayek —
... Jeff Jacoby masterfully exposes as self-serving the American Booksellers Association’s complaint about the low prices charged for books by Wal-Mart and Target (”The war against affordable books,” October 28). ...
Low Prices Are Harmful to Consumers?
CARPE DIEM —
... illegal. If your price is lower than your competitors, you could be charged with being a "predator" and be charged with anti-competitive "predatory pricing." If your price is "too high" you could be charged with anti-competitive monopoly pricing, "price gouging," or "ticket scalping." And if your price is the same as your competitors, you could be charged with collusion and anti-competitive price-fixing. See Jeff Jacoby's excellent column about this issue "The War Against Affordable Books." ...
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dividendsvalue.com 10/19/2009 —
This article originally appeared on The DIV-Net October 12, 2009.
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valueplays.blogspot.com 3/5/2009 — There is rapidly becomes three classes of retail. The high end (specialty) that will be hit or miss, the middle that will suffer and Wal-Mart (WMT) that will prosper. Specialty and high end retailer with either crater like Abercrombie & Fitch (ANF) or Tiffant (TIF) or have same store sales ...