Word: discounting
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Dates: during 1960-1969
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...fares were raised slightly on October 1 and the youth fare discount percentage...
...cent student stand-by fare was raised to 60 per cent, and the reserved seat youth fare-formerly two-thirds-was changed to a 20 per cent discount...
With the composition of the court changing, who will become the dominant personality? Several law professors discount Burger in favor of Black, 83, who shaped much of the court's doctrine during the Warren era. "He is the only man whose philosophy will appeal to a majority of old and new members," says the University of Chicago's Philip Kurland. Others believe that Justice Brennan will lead the court in certain areas, such as free speech. Harvard Law Professor Alan Dershowitz predicts great influence in some cases for Justice John Marshall Harlan, the Warren court's most...
...Although sales have continued to grow (they were over $16 million this year, compared to $15,282,000 two years ago), expenses have risen at a faster rate. Marginality has finally caught up with the Coop. For years the Coop had endeavored to give in a sense a double discount. Besides the patronage refund, the Coop has always made a point of pricing as low as or lower than its competition. In fact, the Coop was founded in 1882 for the very purpose of giving undergraduates a store in the Square that priced below the monopoly prices of the other...
...arrival of the discount house in the last ten years has really put us in a squeeze." Brown admits. "We have always tried to price as low as anyone, but now that low is relatively much lower than before. In order to get a dividend, the Coop must cut corners wherever it can. The rebate has to come from somewhere if it doesn't come from higher prices. You can't have a superlative store and fixturing. $5-an-hour sales people, maintain discount prices, provide a lot of service in the form of special orders and still expect...