Wal-Mart undercutting competition again Oct 22, 2009
Wal-Mart has frequently used its buying power to undercut rivals. It sells enough products in enough categories to make up for any losses on individual items that it uses to pull people into stores or onto its Web site. (The Augusta Chronicle)
Wal-Mart To Cut Prices Weekly Through Holidays Oct 22, 2009
Wal-Mart has frequently used its buying power to undercut rivals ... But it plans to sharpen its buying power to widen the price gap between its competitors. (Click2Houston, TX)
Social Security: Every politicians toy? Oct 22, 2009
It was a cost-of-living adjustment to maintain (not increase) the buying power of their monthly checks. If the president wants to hand out checks to stimulate the economy, why make them age-specific. (Paragould Daily Press, AR)
Patrick wants state to review health premiums for small business Oct 20, 2009
Small businesses have long maintained that they are at a disadvantage because they do not have the buying power that large corporations have to obtain cheaper insurance rate. A 1996 state law prohibits small businesses from negotiating as a group. (Boston Globe)
Waikiki retailers hurt by tourism slump Oct 20, 2009
"That's substantially more buying power and Japanese customers know it.". And Weiner said younger Japanese customers are spending less still buying from Coach or another favorite designer but putting down the $2,000 bag to buy a $500 wallet, she said. (Honolulu Advertiser)
You may have to shell out more for electricity Oct 19, 2009
"We expect the tariffs to be increased by the end of this fiscal keeping in view that the cost of buying power has increased by 90% since 2002, when distribution was privatised, while tariffs have increased by only 26%," a BSES spokesperson said. Last week, Coal India hiked coal prices by 11% after a gap of about two years, taking coal prices into the range of Rs 448-Rs 2,500 per tonne. (India Times, India -- Intl Business)
Walmart challenges Amazon.com online Oct 19, 2009
Walmart challenges Amazon. Sunday, October 18, 2009. (Honolulu Advertiser)
The Check is in the Mail? Oct 19, 2009
Let me see, $250 at the current buying power of the dollar will be $67. 50 minus income tax of 15%, which comes to $37. (Townhall.com)
comScore Media Metrix Ranks Top 50 U.S. Web Properties for September 2009 Oct 17, 2009
comScore Media Metrix provides industry-leading Internet audience measurement services that report details of online media usage, visitor demographics and online buying power for the home, work and university audiences across local U.S. markets and across the globe. comScore Media Metrix reports are used by financial analysts, advertising agencies, publishers and marketers. (Yahoo! Wire -- Entertainment News)
Book wars! Wal-Mart, Amazon slash costs Oct 17, 2009
Wal-Mart has built its strategy on using its size and massive buying power to undercut competitors. But it sells enough products in enough categories to make up any losses on individual items it uses to bring people into its stores. (MSNBC -- Business)
What Women Want Now: A TIME Special Report Oct 16, 2009
Their buying power has never been greater and their choices have seldom been harder. It is in this context that the Rockefeller Foundation, in collaboration with TIME, conducted a landmark survey of gender issues to assess how individual Americans are reacting. (Time.com)
CURRENT ISSUE Oct 15, 2009
Marketing to gays and lesbians is rich with potential -- approximately $700 billion in annual buying power -- but still fraught with peril. Interviews by Kate Rockwood. (FastCompany)
Markey speaks on health care Oct 15, 2009
Markey kept referring to one of the bill s facets as creating a supermarket where every legal resident, even those who are self-employed, can have choices and buying power in choosing an insurer. Markey said health care, or sick care as he called it, needs CPR, which in this instance stands for Cost-reduction, Preventative treatment and Research funding. (Lincoln Journal, MA)
Pepsi, Anheuser to Jointly Buy Goods, Services Oct 14, 2009
"They're in businesses that are not necessarily competing, but they're looking for similar types of goods. It's a great way to leverage their buying power," said Ellis, who noted that the agreement covers "back of the house" products and services. "It's not anything that has to do with the customer, the product, the brand, or the advertising," he said. (ABC News -- Wire)
Rallying S&P 500 Never Cheaper to International Investors as Dollar Drops Oct 13, 2009
Oct. 12 (Bloomberg) -- Investors outside the U.S. are purchasing companies in the Standard & Poors 500 Index at the cheapest valuations on record, their buying power boosted by a seven-month decline in the. The S&P 500 is priced at 19. (Bloomberg -- Canada)
Work toward subdivision starting soon Oct 13, 2009
"People relocating here has somewhat of the same effect as creating new jobs, because it creates more buying power that comes with those people as they spend shopping dollars on groceries, gas, vehicles, etc.," he said. "Brookhaven continues to be a drawing point for families looking to get out of the metro area, as well as those looking to move into town from surrounding counties.". (Brookhaven Daily Leader, MS)
Can Obama Rise to Harding's Level? Oct 13, 2009
A savage inflation had eroded buying power and unemployment stood at 20 percent. The U.S. had suffered more than 116,000 dead and 205,000 wounded in the war. (Townhall.com)
Industrial output cheers Oct 13, 2009
But the drought and now floods in the southern states could erode the buying power of a significant portion of the population. Besides, sectors such as construction and automobiles are still to a large extent being driven by low interest rates. (India Times)
Little progress in gender diversity Oct 13, 2009
Women hold 76 percent of the nation s buying power. Institutional investors are demanding diversity for effective governance; and. (Milwaukee Business Journal, WI)
Oil prices fall to near US$71 in Asia trade Friday as US$ gains(update) Oct 9, 2009
Energy commodities, traded in dollars, tend to rise as the dollar falls and international investors gain more buying power. They were also boosted by positive readings on the economy. (The Star Online, Malaysia -- Business)
Gov. calls DOTs $26B plan unaffordable' Oct 9, 2009
He also noted that past inflation in construction materials has reduced the state s buying power. This capital program attempts to balance these challenges, Gee wrote in a letter to Paterson. (Albany Business Review, NY)
Sydney's $1b rubbish bin Oct 9, 2009
We should be very concerned about the buying power of the supermarket chains, especially Woolworths and Coles. It makes it very difficult for an independent grower to get access to a consumer's wallet. (Sydney Morning Herald -- Australia)
Naza to assemble another Peugeot model locally Oct 9, 2009
He said there was still a lot of buying power in Malaysia despite the economic recession, with the people spending money on the right products at the right time. . (The Star Online, Malaysia -- Business)
Weaker dollar drives up crude price Oct 9, 2009
Energy commodities, traded in dollars, tend to rise as the dollar falls and international investors gain more buying power. At the pump, retail gas prices rose slightly overnight to a new national average of $2. (Boston Globe)
* Talk of break in dollar-oil link unfounded: France Oct 8, 2009
The reverse of this is that weakness of the dollar can weaken the buying power of earnings by oil exporting countries. Many other raw materials are also traded mainly in dollars. (Taipei Times, Taiwan -- World)
Money in Methane Oct 6, 2009
Duke last year started buying power from Arizona company Methane Power Inc., which is generating power from gas produced at a Durham landfill. Progress spokesman Scott Sutton says the utility buys 4 megawatts of power from a company called , which generates electricity by burning landfill gas produced from a New Hanover County landfill. (Triangle Business Journal)
Cover Story: More, Better, Faster Oct 4, 2009
A number of high-powered investors representing more than $100 billion in collective buying power warned that overregulation or regulatory uncertainty would be a big turnoff to the capital investment needed an outlay the FCC has estimated at anywhere from $20 billion to $350 billion. FCC chairman Julius Genachowski acknowledged that such investment was a must. (Multichannel News)
Some Signs Tell If A Breakout Is Failing Oct 3, 2009
Without major investors providing their huge buying power to a stock, it will have a hard time advancing. Look for volume to rise at least 40% above the stock's average on the breakout. (Investors Business Daily)
Canadian Insurers May Weigh U.S., Asia Investments, Scotia's Skurka Says Oct 3, 2009
The Canadian dollar has gained more than 10 percent against the U.S. currency this year, strengthening the insurers buying power. There are a lot of companies looking at shedding things that are called the bulls-eye, if you will, that are just outside of the core of their business, Skurka said. (Bloomberg -- Canada)
Hispanics pumped $171B into TX in 2008 Oct 3, 2009
Hispanic buying power in Texas is expected to jump 47 percent to $252 billion by 2013, according to a study by the for Economic Growth at the. The study found that Hispanic households contributed more that $171 billion to the Texas economy last year. (Dallas Business Journal, TX)
Water rates go up today Oct 2, 2009
Samuelson also noted the increase was in part due to the higher cost of buying power from Minnesota Power. "We can't do much about that," Samuelson said. (Brainerd Daily Dispatch)
'Unloved' bull: Wary investors are hands off as stocks surge Oct 1, 2009
5 billion still sitting on the sidelines in money market mutual funds yielding close to 0% may also find its way into the stock market, which could generate more buying power. A main point espoused by the bulls is that many of the market's biggest worries and headwinds the longer-term impact of massive government deficits; the drying up of government stimulus; the impact of higher borrowing costs when the Federal Reserve starts raising short-term interest rates won't play into investor decisions... (USA Today -- Money)
Capturing new retail Oct 1, 2009
walks like a duck wrote on Sep 30, 2009 8:55 AM:" fee or tax, does it really matter what you call it, the consumer is paying it, it removes their buying power just like the falling dollar, inflation is a tax, this is a tax for the developer recoup the losses incurred on the bad decision to build. a reward for bad decision making. This PIF is what will be proposed by the downtown business improvement district to further line their own pockets and subsidize their own greedy interests at the... (Montrose Daily Press, CO)
Hispanic TV Summit: Telemundo's Browne: Count On Census 2010 Being A 'Game-Changer' Sep 25, 2009
7% of all U.S. buying power. Browne said the minority group's rise is inevitable, but impediments remain in the counting ahead, owing to Hispanics' "normal suspicions" and aggressive immigration policies that have made many reluctant to participate. (Multichannel News)
An entire aisle just for noodles Sep 25, 2009
According to researchers at the University of Georgia s Terry College of Business, Asian buying power nationwide is expected to surge from $269 billion in 2000 to $752 billion in 2013. In Massachusetts, the 10th-largest Asian consumer market in the United States, Asian buying power will equal more than $365 million in 2013, up from nearly $193 million in 2000. (Boston Globe)
Baer's Artio IPO Jumps Almost 5 Percent in Debut Sep 25, 2009
Baer said its private banking unit would get $300 million of the proceeds from the IPO, with the rest to be used to strengthen the buying power of hedge fund arm GAM, which is also set to be listed separately from the private bank. If the IPO's managers, led by Goldman Sachs , exercise their option to buy another 3. (ABC News -- Wire)
Vital Signs: Without Job Growth, Recovery Could Stall Sep 25, 2009
6% ahead of their year-ago level, and the effect of Washingtons income support programs, which had lifted buying power in the first half, has now run out. That only heightens the importance of returning to at least modest job growth in the coming months. (BusinessWeek)
Bookstore renovations completed Sep 25, 2009
They bring their buying power and expertise of the bookstore business ... We re definitely going to give Loyola the attention they need, and I think Loyola feels like we have the buying power and the home office support behind us. (The Maroon, LA)
Belle Fourche city employees will keep raises Sep 25, 2009
Losing the raise, she said, would affect the local economy by decreasing the buying power of her employees. The override of the veto means the entire 2010 city budget now has final approval. (Rapid City Journal, SD)
Distressed securities perk up Sep 24, 2009
The likely kick-off in October of US government-backed investment funds could inject $40bn of buying power into the market for distressed mortgage-backed securities, and this has also helped to boost prices. EDITORS CHOICE. (FT.com -- Markets)
Council decreasesWEUs power rates Sep 24, 2009
Mercer said calculations he made regarding the recent increase in electric rates and the citys cost for buying power indicated to him the city could afford to decrease the electric rates. He said the city could afford to lower the electric rates. (Washington Daily News, NC)
USDA Helps To Get More Green Products To Market Sep 23, 2009
Using the massive buying power of the Federal Government, The USDA is optimistic that more and more green products will come to market and as companies rack up production, that should help prices come down. Here's some food for thought. (W-USA News, DC)
LETTER: Hypothetical example could be alarming Sep 23, 2009
Would he authorize the printing of trillions of worthless U.S. dollars to devalue the buying power of average citizens, making them more dependent on socialistic and foreign (Chinese) entities as a way to globalize the U.S.. Would he encourage a public option to compete with the private sector to condition people to trust Big Government (that doesn t have to show a profit in order to compete) for their health care. (Mattoon Journal-Gazette, IL)
Group of Iowa Investors go All-In for $405,000 on Investment in AreaRugs.com Sep 22, 2009
By leveraging their substantial brick and mortar buying power, they will be able to offer some of the best prices and largest selection of area rugs. As the proud new owners of , Ward and his fellow investors plan on carrying a huge selection of area rugs including all of the top brands including the likes of , and will continue to provide information and expertise on area rugs. (PR Newswire)
The Perfect Fit Sep 21, 2009
Hispanic buying power will reach almost $1. 2 trillion by 2011, about six times what it was in 1990, according to the Selig Center for Economic Growth at the University of Georgia. (Multichannel News)
Immigrants make up 4 percent of SC population Sep 21, 2009
The center also said the buying power of the Asian population that year was $1. 9 billion. (Orangeburg Times and Democrat, SC)
China to come out of economic crisis strong: analyst Sep 18, 2009
"The problem is American consumers really are repaying debt right now, they are very unlikely to do that (start spending). The Chinese consumers will start spending, but the consumer base, compared to the huge buying power of American consumers, is still small," he said. "Until the American consumer starts spending again, you will not see the kind of economic growth anywhere in the world that you saw between 2005 and 2007," he added. (Xinhuanet, China)
Setting the stage: Former nurse builds a full-service event-staging company Sep 18, 2009
MassAV has also recently joined a national independent network of professional event-staging companies, known as the Rental and , whose intent is to exchange information, support events within the region they represent and increase their collective buying power. The company also continues to work in different geographic markets with its clients, as needed. (Boston Business Journal, MA)
Delivered to your door: Sep 16, 2009
Part of the wine club marketing pitch is that the buying power of the membership base helps to keep prices down. However, it does pay to shop around, both online and at your local bottle shop. (Sydney Morning Herald -- Business)
Rackup.com Launches New Gift Card Auctions Website at TechCrunch50, Offers Bonuses up to 100% Sep 15, 2009
"After all, you're already spending money with these retailers, so why not compete in a risk free auction, where you always get more than you pay for. When Rackup launches, people will buy gift cards not only as a convenient way of gifting, but also for self consumption, to increase their buying power.". Rackup's value proposition to consumers is made possible by retailers who view the technology as a new online marketing tool designed to engage customers, without resorting to conventional... (PR Newswire)
iPhone Marketing Guru Looks Back Sep 15, 2009
With the economy still struggling, he says the right investments in mobile today could pay off big time as the economy improves and consumers and businesses gain more buying power. People say, Is venture dead. (Datamation)
California feud breaks out on clean energy plan Sep 15, 2009
She said more flexibility was needed, while the bill's main sponsor said curbs on buying power from out of state would ensure jobs were kept in California and give needed weight to the 33 percent goal, which state agencies have already set. CHALLENGES. (Scientific American)
Coles school tax plan called swap Sep 15, 2009
Mike P wrote on Sep 14, 2009 3:46 AM:" Look up Iowas sales tax. It isn't close to being over 8%, in small towns like ours, from what I could find. What I saw, was the state base is 6%, and 1% out of that goes to schools.Why are the sales pitches still stuck on apples and oranges comparisons? Evidently they paid good money from the consultant for the scripted talking points, and they are going to keep trying to sell the snake oil, no matter what the price.Here is the illinois association of... (Mattoon Journal-Gazette, IL)
Billings, Mont., to host World Livestock Auctioneer Championship quarterfinals. (34) Sep 14, 2009
That translates into more buying power, which will benefit our consignors. Cook expects about 4,000 cattle for the sale, primarily feeder and stocker cattle from some of this area s top producers. (Great Falls Prairie Star, MT)
China: Tariff Will Hurt U.S. Relations Sep 14, 2009
Jobs moved overseas means less buying power for the biggest consumer market on Earth. Americans are the biggest consumers in the world, if they can't buy, everyone loses. (CBS News)
5 reasons why this is the year to travel (2) Sep 13, 2009
"The dollar's stronger buying power, combined with the need to increase business revenues during the recession, has led to any number of good deals," says Bob Whitley, USTOA president. In Italy, the No. 1 foreign destination, the buying power of the dollar is about 10 percent higher than in 2008. (Fort Madison Daily Democrat, IO)
Disney's Marvel Deal and the Pursuit of Boys Sep 13, 2009
Behind that purchase is a mediawide story: the chase for the attention of distracted young males and their billions in buying power. Snyder of The Cartoon Network: Advertisers like its new boy-centric shows Ann States. (BusinessWeek)
Wealthy Indians look to buy property on foreign shores Sep 13, 2009
so many HNIs prefer to buy during March-April as it increases their buying power from $200,000 to $400,000. . (India Times)
Drugstores sprout up across Valley Sep 13, 2009
Although drugstores don't have the buying power of Wal-Mart or Target, they do compete on convenience, he said. If a customer is already in the store to pick up a prescription, additional purchases like shampoo will add to their profit, Rice said. (Fresno Bee)
CPS Energy ratepayers reduce peak energy demand Sep 10, 2009
These customers serve as an alternative power source to higher-cost natural-gas peaking power or CPS Energy buying power on the wholesale market, says Bruce Evans, director of customer solutions and delivery. The whole community benefits from this program because it keeps the cost of fuel lower for all customers. (San Antonio Business Journal, TX)
Health care reform hasn't a leg to stand on Sep 9, 2009
The bill says pharma will submit a discounted list of medicines to the secretary for approval, but this month Obama let them pay a one-time fee of 80 billion and pledge support for the bill and the government will not use its buying power to demand discounts on meds. So far, big business 2, cost savings 0 and the horse is lame. (Burley South Idaho Press, ID)
Money Won't Buy Happiness, Study Finds; Poverty-reduction Programs Need To Also Look At Improving People's Well-being Sep 9, 2009
To date, the focus of these programs has been to get people out of poverty by increasing their buying power and there has been an assumption that raising people's income translates into greater well-being. Professor Rojas challenges this assumption and argues that measures of life satisfaction should also be taken into account when designing and evaluating poverty-abatement programs. (Science Daily)
This Labor Day: Make our economy work for everyone Sep 8, 2009
One of the most important reasons for our current economic crisis is the lack of sustainable jobs, which leads to what economists call a lack of consumer demand, or a lack of buying power. That lack of consumer demand is a result of the fact that too many jobs in Montana and the nation don't pay well enough for families to buy the goods and services that they need, placing a strain on the local businesses and producers that rely on that customer base. (Montana Standard, MT)
Atlas Iron buys Warwick to boost ore supply Sep 8, 2009
Larger export tonnages mean lower fixed costs, better buying power, a significant increase in cash flow, stronger returns for shareholders and a more substantial business for the long term, Atlas managing director David Flanagan said in the statement. Atlas produces about 1 million tonnes a year from the Pardoo mine in Western Australias Pilbara. (Sydney Morning Herald -- Business)
Personal care products carry AVI in storm Sep 8, 2009
According to Thompson, wage growth is above inflation levels, and the loss of employment in sectors such as financial services and the automotive industry has reduced consumer buying power. Though top-line growth slowed in the category, profit had marginally increased from R5. (Business Report, South Africa)
