Category: Discount Selling

Tesla’s Profit Dropped Sharply in First Quarter as It Cut Prices

The electric carmaker has reduced prices by thousands of dollars this year to bolster demand and fend off competition.
Price War Over Electric Cars Erupts in China

The intense competition among the country’s huge number of start-up carmakers has unsettled what had been a pillar of the economy in the last few years.
California’s Plan for Cheaper Insulin Collides With Big Pharma’s Price Cuts

The New York Times – Business:
The state awarded a $50 million contract to produce less costly treatments, but moves by major suppliers might undercut the initiative before any new product emerges.
How Much to See a Movie at AMC? It Will Soon Depend Where You Sit.

The New York Times – Movies:
By the end of 2023, the movie theater chain will offer tickets at three different price tiers, with middle seats costing the most. You’ll pay less if you like the front row.
Ford Follows Tesla in Cutting Electric Vehicle Prices

The New York Times – Business:
The automaker reduced the price of the Mustang Mach-E by up to $5,900 after Tesla slashed prices of its cars by as much as 20 percent.
Where to Buy Cheap Trussardi in Rome. For a Good Cause.

The New York Times – Fashion & Style:
MODiAmo, operated by a Catholic charity, sells lightly flawed Trussardi clothing and accessories at a fraction of the retail price.
Why Retailers Are Trying Extra Hard to Woo Holiday Shoppers

The New York Times – Business:
With an economic slowdown a distinct possibility, stores hope customers’ willingness to open their wallets will last through the season.
Black Friday Shoppers Worry About Economy as Retailers Push Sales

The New York Times – Business:
Black Friday deals returned, drawing shoppers back into stores, but inflation worries left many companies unsure what the holiday shopping season would look like.
Billions of Dollars at Stake in a Puzzling Holiday Shopping Season

The New York Times – Business:
It promises to be unpredictable, with retailers and consumers still figuring out how much will be spent and on what kinds of goods.
Amid Inflation, Retailers Brace for Strapped Holiday Shoppers

The New York Times – Business:
Retailers have navigated pandemic closures and supply chain snarls in recent years. But dealing with the fallout from inflation could be an even tougher test.