The presence of thousands of brothels and hundreds of thousands of prostitutes has heightened competition and pushed prices down steeply in the German sex trade. One tourist from Florida, who visits the country three times annually to pay for cheap sex, compares the scene to a discount supermarket: “Germany is like Aldi for …
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All of a Sudden, There Aren’t Enough Electric Cars to Keep Up with Demand
Electric vehicles like the Nissan Leaf and Honda Fit EV used to languish on dealership lots for months. A pricing war with aggressive incentives and cheap lease deals has changed all that.
Amazon’s New Grocery Service: For $299, You Never Have to Leave the House Again
Would you pay $299 annually if it meant never having to go to the supermarket? Amazon.com is testing a service with that idea in mind. And that’s on top of Amazon’s other services that already eliminate the need to go to the mall.
Jos. A. Bank and JC Penney: When Retailers Try to ‘Retrain the Customer’
The Rise of the Swanky No-Name Brand
The generic “store brand” label has been losing its stigma for years. Now, Target is attempting to further dispel the notion that an in-house brand equates to low quality with the launch of an organic, upscale food line.
In Fast Food, Five—As in $5—Is Now the Magic Number
It’s not particularly complicated: $5 is a nice round, approachable, affordable-sounding number. At a time when popular fast-casual chains are pushing the average diner bill upward, the $5 price point is especially likely to get the attention of deal hunters. And that’s why fast food customers are seeing more and more of the fiver.
Gimme a Price Already! Edmunds Tries to End the Most Aggravating Part of Car Shopping
“How much?” In almost every retail environment, this wouldn’t be a difficult question to answer. But at the car dealership, the process of getting a concrete final price can take hours. The folks at Edmunds.com now have a tool that promises to make retrieving car prices as quick and easy as shopping at Amazon.
Free Donuts! Everything You Need to Know to Celebrate National Donut Day
National Donut Day falls on the first Friday of June—this year it’s today, June 7. But considering what the day is best known for—free donuts—perhaps it’s time to go ahead and change the name of “holiday” to Free Donut Day.
Sharing Is Hard: Legal Trouble for Airbnb, RelayRides, FlightCar
As more consumers turn to services like peer-to-peer rental-car outfits rather than Hertz, local authorities are penalizing participants with fines and ordering the companies to cease operations. Is it still safe to share?
Good For You, Better For Them: The Truth About Retailer Guarantees
Wal-Mart’s new money-back guarantee, like most retailer promises, look terrific on first glance. But the reality is that these guarantees are mainly empty marketing tactics, the commercial equivalent of a date pulling out his wallet with no intention of paying.
Entrance to Walt Disney World Now Costs Over $100 (With Tax)
Theme parks are so predictable. Universal Orlando recently jacked up admissions prices by a few bucks, just as it did last year in the weeks before kids start their summer breaks. It was only a matter of time before Disney followed suit.
The ‘Time for Nine’ Campaign: To Save Golf, Cut the Game in Half
Some of the golf world’s strongest supporters are doing the unthinkable: They’re encouraging people to play less golf. Well, sort of.