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Costco's Big Secret: It Doesn't Play by the Rules

It could be charging way more but just doesn't

(Newser) - To say that Costco has a legion of fans is no exaggeration: More than 51 million people ponied up more than $3 billion in membership fees in 2018 to get access to the chain and its mega-discounts. At the Hustle , Zachary Crockett looks at what's driving the cultish devotion... More »

68.9% Off?! Stores With the Best Black Friday Discounts

WalletHub ranks 35 major stores by average discount

(Newser) - Black Friday is just a week and a half away, and WalletHub has the lowdown on which stores you might want to hit up. The site analyzed Black Friday ads from 35 major US retailers—comprising almost 7,000 deals—and ranked the stores by average discount. That's not... More »

New Prime Benefit: Extra Discounts at Whole Foods

Amazon benefit will be rolling out to stores in the US this summer

(Newser) - It's Prime time at Whole Foods: Amazon is rolling out discounts for Prime members at the organic grocer. The benefits start Wednesday at stores in Florida and will expand nationwide this summer, the AP reports. Prime members will get an additional 10% off sale items and exclusive deals on... More »

Restaurateur Introduces 'Educated Children Discount'

'Just so unusual' to see well-behaved children

(Newser) - Finally, parents have a reason to raise well-behaved children: Restaurant discounts. After witnessing a large family's five children quietly and contentedly coloring in coloring books while the adults drank and chatted at his wine bar, Italian restaurateur Antonio Ferrari decided a new policy was in order, Mashable reports. One... More »

Israeli Cafe Gives 50% Off Hummus for Jews, Arabs Who Co-Dine

Israeli eatery hopes common bond of chickpeas will ease ongoing tensions

(Newser) - In a month marred by violence between Israelis and Palestinians, one little Israeli café is trying to give chickpeas a chance. The Hummus Bar in Kfar Vitkin is offering half-off hummus to tables of Jews and Arabs dining together, the Times of Israel reports. "With us we don't... More »

'15% Prayer Discount' Sparks Online Debate

Diners at NC eatery get discount for praying before meal

(Newser) - A little prayer seems to go a long way—especially if you're about to eat at Mary's Gourmet Diner in Winstom-Salem, NC. Traveling for business, Jordan Smith received a 15% discount off her bill there because she prayed before eating, NPR reports. Smith posted a pic of the... More »

America's Best Grocery Store Is ... Not Trader Joe's

Aldi is well-priced, efficient, and oh-so German: Rebecca Schuman

(Newser) - Ever try out the grocery chain Aldi? And if so, how did you like the deposit for a checkout cart and cardboard boxes instead of shelves? Rebecca Schuman was certainly enthralled, writing at Slate that it's "the best grocery store in America." Sure it's only in... More »

Discounts Are Kind Of ... a Lie

Most items that are 'on sale' were designed to sell at that price

(Newser) - If you couldn't bring yourself to rush out and do battle on Black Friday, no need to feel like you missed out: The discounts you'd be seeing if you were at the mall right now are what the Wall Street Journal calls "retail theater." Stores are... More »

Supermarkets Cut Prices— Just for You

Marketers gather heaps of data on individuals, tailor coupons to them

(Newser) - The food shopping of the future could look a lot more like buying airline tickets: You might not be paying the same price as the person next to you. That's because Safeway and Kroger—and likely soon other supermarkets—are tailoring personal prices based on your purchase history, reports... More »

Slashed Prices Signal Retailer Worries

Chains hoping deep discounts will move merchandise

(Newser) - While store bargains may have shoppers saying "ho, ho, ho," they've got retailers thinking: "Oh-oh." Heavy discounts in the last days before Christmas are a signal companies are worried they'll be stuck with inventory that isn't moving off the shelves. Retailers had high... More »

Retail Sales Rise for 5th Straight Month

Low inflation, big discounts bring customers to stores

(Newser) - Retail sales rose for a fifth straight month in November, as the biggest jump in department store sales in two years gave the holiday shopping season a strong start. Retail sales increased 0.8% last month, the Commerce Department announced today, beating analyst predictions of a 0.5% increase, according... More »

As Sales Slump, Wal-Mart Cuts Prices

Watchers see ploy to hold on to middle class post-recession

(Newser) - Wal-Mart will discount around 10,000 items in the face of dipping sales, even as other retailers report increases in business. The move could be a ploy to hang on to middle-class shoppers, who flocked to the big-box behemoth in the depths of the recession but have been upgrading as... More »

Group-Buying Sites Bundle Shoppers for Big Discounts

They promise stores business, and pass on the savings

(Newser) - Your mom may have told you not to follow the crowd, but to get some of the web's deepest discounts, you'll need to do exactly that: "Welcome to the world of group buying," writes Katherine Boehret, "where the power of the Web can be utilized to offer... More »

Best Airfare Deals Are Now Tweeted, Emailed

Airlines ramp up discounts in promotional offers

(Newser) - The latest airfare deals aren't online or at travel agencies—they're targeted promotional fares, being emailed and tweeted to customers who sign up to receive them or who enroll in frequent-flier programs. These under-the-radar offers, an inexpensive form of advertising increasingly popular with recession-battered airlines, range from 10% discounts to... More »

Sleep in Tomorrow; Better Bargains Begin Sunday

Cyber Sunday joins Cyber Monday as deals shift online

(Newser) - Black Friday ain’t what it used to be. “Stay at home and shop online,” a Saks exec advises, as retailers shift away from the traditional after-Thanksgiving bargain stampede to discounts spread throughout the holiday season. Most in-store deals tomorrow, especially in electronics, will be on lower-end products... More »

Health Bill Has a Big Carrot for the Healthy

Senate measure would let employers cut premiums up to 50%

(Newser) - A measure slipped into the Senate’s health care reform bill could cut workers’ insurance costs by up to half if they eat well, lose weight, and quit smoking, the Boston Globe reports. The measure may be key to encouraging Americans to stay healthy without too much government imposition, a... More »

Obama? Big Pharma. Here's an $80B Drug Discount

(Newser) - Big Pharma has offered the feds a discount of up to $80 billion on drugs for programs like Medicare, the Washington Post reports. The pledge, which comes at a crucial moment in the health-reform debate, may be a pre-emptive strike before President Obama pushes for a proposed $100 billion price... More »

Revamped Dollar Stores Cash In on Recession

More food, cleaner aisles lure shoppers

(Newser) - When the recession sent pinched consumers hunting for bargains, dollar stores were ready. Cluttered aisles of cheap treasures have been replaced with stocked fridges and neat rows of mustard and canned beans. Half of US households now shop at dollar stores monthly, and 18% more $100,000-plus households started frequenting... More »

Shoppers Embrace Coupon Clipping 2.0

Digital discounts improve buyer tracking, make coupon use easier

(Newser) - The recession has more Americans clipping coupons, sort of. While coupon use has jumped 10% since October, more of those discounts were downloaded to smart phones and supermarket rewards cards—not cut out from the newspaper. And digital advertising, still a 1% sliver of the discount pie, seems to benefit... More »

Slump in TV Sales May Push Smaller Makers Out

Likes of Hitachi, Pioneer don't have staying power of Sony and other giants

(Newser) - A steep decline in demand for flat-panel TVs could push smaller manufacturers out of the market, the Wall Street Journal reports. As the economy sours and larger makers achieve economies of scale, the price gap between top brands and cheaper rivals has shrunken dramatically. The top five makers accounted for... More »

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