"Wal-Mart is cutting the price on generic drugs to $4 for a month's supply (the average cost is $28.74), and the reaction is all over the map. The people who hate Wal-Mart can't quite bring themselves to say anything good about it -- 'Well, they're just trying to spruce up their image.' Yeah, by offering disocunts of up to 70 percent for something people can't do without. Those fiends!
Actually, it's marketing genius. When I was growing up, I had some friends who worked in the grocery business here, and they gave me an early education in the concept of 'loss leader,' a term I haven't heard in quite a while."
Tuesday, September 26, 2006
Opening Arguments: Fiendishly clever
Opening Arguments: Fiendishly clever:
Subscribe to:
Post Comments (Atom)
Sale of 26 Marsh stores approved by bankruptcy court, remaining 18 stores to close
From Fox59 On Tuesday, FOX59 learned two companies won the bidding war: Topvalco and Generative Growth II. Topvalco is a Kroger subsidiary...
No comments:
Post a Comment