Another article on alcohol retailing provides this “beautiful” quote (FYI this follows on from a previous post): The end of loss-leading was welcomed by Glengarry product manager Liz Wheaden, who said the practice had the potential to lower customer expectations at the same time as it “destroys” brands. Loss-leading made customers come to expect to …
Category Archive: Industrial economics
Permanent link to this article: http://www.tvhe.co.nz/2009/05/07/how-dare-they-compete/
May 04 2009
Shopping for electricity – Powershop
Recently Meridian established a new retailer in the electricity market, called Powershop. The marketing tells me that: Powershop is a revolution in the way you buy power. We’re the world’s first online energy store, a retail outlet where electricity suppliers compete for your custom. This brings you a whole new level of choice and control …
Permanent link to this article: http://www.tvhe.co.nz/2009/05/04/shopping-for-electricity-powershop/
Apr 27 2009
Fat taxes revisited
Matt’s previously advocated a fat tax, but really he was talking about a tax on unhealthy food. Now United Airlines has decided to tax people for just being big: if you’re too big to fit in one seat then you’ll have to buy two. There are two reasons why they get large people to pay …
Permanent link to this article: http://www.tvhe.co.nz/2009/04/27/fat-taxes-revisited/
Apr 17 2009
Easter surcharge confusion
When I had breakfast in town over Easter I was charged a 20% surcharge on everything, allegedly because their labour costs are higher over Easter. Now it’s true that they are statutorily required to pay more over the Easter break, so their labour costs are higher; however, the marginal cost of providing a meal is …
Permanent link to this article: http://www.tvhe.co.nz/2009/04/17/easter-surcharge-confusion/
Mar 23 2009
Tim Hunter, which report do we believe
The Sunday Star Times seems to like the issue of energy prices. So far in March they have had: A report stating that energy companies are setting prices too high, A report stating that energy companies are setting prices too low. Both of these come from Sunday Star Times reporter – Tim Hunter. So I …
Permanent link to this article: http://www.tvhe.co.nz/2009/03/23/tim-hunter-which-report-do-we-believe/
Mar 06 2009
Economist magazine says legalize drugs
As said, the economist magazine says legalize drugs (ht Carpe Diem). This isn’t a big issue to me personally – relative to what I see as “big issues” like the current recession. However, I can definitely see some good in legalizing (and taxing) drugs (something we were discussing here). For some reason though, it is …
Permanent link to this article: http://www.tvhe.co.nz/2009/03/06/economist-magazine-says-legalize-drugs/
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