The refinancing boom and effects from the tax rebates are waning, so spending on big-ticket items such as cars may be slowing down, ... But spending on services, which is where the majority of the job creation occurs, has held on, and we expect it to pick up. Friday's payroll report should be a good indication of that.
Quotes about rebates (16 Quotes)
We started introducing clear pricing two years ago. The success of Mustang and Fusion proves that it works. We will bring sticker prices more in line with actual transaction prices and cap 'cash on the hood' rebates as we introduce new cars and trucks into the marketplace. It will protect our margins and consumers, too, through higher resale values.
We think it's always a good move when the customer focuses on the product and not the deal. Quite frankly, the U.S. market's gotten a little bit out of control selling the rebates and not the products.
Although we are only one month into the second quarter, we are concerned by the May sales trend, ... We are hopeful that more seasonably warm weather in June, combined with the boost to the economy from lower interest rates and anticipated federal tax rebates, will trigger a strengthening of sales as we move into the summer. Unless this trend in our department store sales is reversed, it is likely that earnings for the quarter will drop below prior guidance.
However, retailers shouldn't break out the champagne yet, ... The rebates will have a very modest effect on spending. With a 6.4 percent unemployment rate, there are millions of people in the country with no income except for unemployment and welfare benefits. Millions more are on long-term unemployment, those that simply have stopped looking for work.
Rebates are wonderful to the extent that they are executed, regardless of the deficit,
They basically want to lower the sticker price closer to transaction price and lower the incentive, but not get rid of it altogether. Whenever there are large rebates, it has impact on perception, on customer attitudes and an impact on resale value.
We might skirt near a recession, and this could change tomorrow ... but layoffs aside for a second, there are some positives, ... The government is being very active by putting liquidity back into the economy, and recent tax rebates and cuts in the tax rate have helped consumer confidence.
Not many retailers currently give customers the option to claim rebates online. People like it when the rebate process is easy and hassle-free. This sounds like a good idea,
We realized that mail-in rebates were a source of frustration with consumers, and something worth taking on.
The prescription drug plans were able to negotiate discounts and rebates that came in larger than we thought, and this has helped mitigate what drug spending would have been. It doesn't mean drug spending won't continue to grow, but it has helped to temper that growth.
This change basically affects the timing of when the rebates are accounted for, ... The way Best Buy will do it now is typically a more conservative approach.
In the deregulated realm of US banking and finance, crime does occasionally pay for its foul deeds, not in prison time but by making modest rebates to the victims.
Companies can't use rebates to bait consumers with the promise of cash back and then not live up to their end of the bargain.
The savings start with purchase rebates but don't end there. Customers continue to save as their energy-efficient appliances use less natural gas over time.
I think they got caught up in how much money they could get from each of the city governments as far as tax rebates. But that stuff works when you make money. It's a little bit phantom money.