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'Lumber Liquidators is an American retailer of hard-surface flooring including hardwood, laminate, vinyl plank, tile, bamboo and cork, as well as flooring tools and accessories. The company filed for Chapter 11 bankruptcy on August 11, 2024, [3] and was able to avoid liquidation 3 months later after a last minute deal to be acquired by original founder
The economist Alex Tabarrok has argued, that the success of this promotion lies in the fact that consumers value the first unit significantly more than the second one. So compared to a seemingly equivalent "Half price off" promotion, they may only buy one item at half price, because the value they attach to the second unit is lower than even the discounted price.
The 2005 controversy came after a related lawsuit settled in 2002 in Texas. That lawsuit, alleging exorbitant late fees, led the company to pay $9.25 million in attorney fees and offer $450 million in late fee refund coupons (which were rent-one get-one-free coupons, and thus required the customer to make an initial expenditure).
Being a Tata group company, Indian Hotels takes care of its employees and shareholders. IHCL offers exclusive coupons to its shareholders, providing a 25% discount on food and beverages at any IHCL hotel or restaurant. The code is valid for one year with no minimum spending requirement. [30]
A nickel is a five-cent coin struck by the United States Mint.Composed of cupronickel (75% copper and 25% nickel), the piece has been issued since 1866.Its diameter is 0.835 inches (21.21 mm) and its thickness is 0.077 inches (1.95 mm).
These included a 20 per cent tax on the unearned increase in value in land, payable at death of the owner or sale of the land. There would also be a tax of 1 ⁄ 2 d in the pound [j] on undeveloped land. A graduated income tax was imposed, and there were increases in imposts on tobacco, beer and spirits. [109]
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