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Junglee, a Bay-area startup, also pioneered comparison shopping technology and was soon acquired by Amazon.com. Other early comparison shopping agents included pricewatch.com and killerapp.com. NexTag another entry into comparison shopping was named Times magazine world top 50 website in 2008, [2] only to eventually close in 2018. [3]
General Motors began responding first to the high gas prices by downsizing most of their models by 1977, and lowering their performance. In 1979, the second oil price spike occurred, precipitated by political events in Iran, resulting in the 1979 energy crisis. By 1980, the economy slid into turmoil, with high inflation, high unemployment, and ...
Detroit's six-county Metropolitan Statistical Area has a population of about 4.3 million, a workforce of about 2.1 million, [2] and a gross metropolitan product of $200.9 billion. [3] Detroit's urban area has a population of 3.9 million. A 2005 PricewaterhouseCoopers study estimated that Detroit's urban area had a gross domestic product of $203 ...
Walmart launched a low-cost private-label food brand this spring, with prices ranging from $2 to $15 for fridge and pantry staples. The discounting has gone well beyond grocery aisles.
Detroit automakers General Motors (GM), Ford and Stellantis should abandon the competitive Chinese market “as soon as they possibly can” and focus on the U.S., Bank of America analysts believe.
January credit and debit card spending accelerated in January compared to December, according to new data from the Bank of America Institute. Spending per household rose 5.1% from a year earlier ...
With fewer fuel-efficient models to offer to consumers, sales began to slide. By 2008, the situation had turned critical as the 2007–2008 financial crisis [4] placed pressure on the prices of raw materials.
With every trip to a grocery or department store, consumers continue to be hit hard by rising prices. The U.S. Department of Agriculture said that the Consumer Price Index for food increased by 25 ...