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Keyword: nathanielmeyersohn

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  • It's only $4.99. But Costco's rotisserie chicken comes at a huge price

    10/15/2019 3:40:52 PM PDT · by rintintin · 150 replies
    CNN ^ | Oct 112019 | Nathaniel Meyersohn
    At the back of Costco's stores, past the televisions, jewelry, jumbo-sized ketchup jugs and tubs of mixed nuts, is one of the retailer's most prized items: The rotisserie chicken that costs just $4.99. Cheap Kirkland Signature rotisserie chickens aren't only a quick way for families to get dinner on the table. For Costco, the chickens are a lure, pulling customers into stores and getting them to browse the aisles, adding sometimes hundreds of dollars worth of items to their shopping carts before they pick up that bird. The chickens have become almost a cult item. 91 million were sold last...
  • Bigger paychecks and cheap gas drive best holiday shopping season in six years

    12/26/2018 3:41:12 PM PST · by mdittmar · 19 replies
    CNN Business ^ | December 26, 2018 | Nathaniel Meyersohn
    New York (CNN Business)Holiday sales grew at their fastest pace in six years, buoyed by rising wages and a drop in gas prices. Retail spending from November 1 through December 24 increased 5.1% from a year ago, according to Mastercard SpendingPulse. Shoppers spent more than $850 billion during the holidays. Unfazed by volatility on Wall Street, consumers flooded into stores and bought clothes and home decor online. Gas prices have dropped by more than 20 cents a gallon over the past month, giving shoppers extra cash for the holidays. "Consumer confidence translated into holiday cheer for retail," said Steve Sadove,...