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Argos was launched with thousands of staff, taking £1 million during a week in November. [10] Argos was purchased by BAT Industries in 1979 for £32 million. In 1980, Argos opened its Elizabeth Duke jewellery counter (named after a director's wife) and by 1982, was the United Kingdom's fourth-biggest jewellery retailer.
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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.
In Homer's Odyssey, Argos (/ ˈ ɑːr ɡ ɒ s,-ɡ ə s /; Ancient Greek: Ἄργος), sometimes referred to as Argus, is the legendary faithful dog of Odysseus.Bred to be a hunting dog before Odysseus leaves for the Trojan War, Argos is neglected after Odysseus is presumed dead.
Day 2 of Amazon's 2024 October Prime Day sales event (formally called Prime Big Deal Days) is underway now, with brand new deals dropping throughout the day until the sale ends at midnight tonight ...
Score massive savings on Kate Spade, Zella, Barefoot Dreams and more, starting at just $16, at Nordstrom's Half Yearly blowout.
Argos (/ ˈ ɑːr ɡ ɒ s,-ɡ ə s /; Greek: Άργος; Ancient and Katharevousa: Ἄργος) is a city and former municipality in Argolis, Peloponnese, Greece and is one of the oldest continuously inhabited cities in the world, and the oldest in Europe. [2]
For example, if the price of a product is $93 and the sales price is $79, people will initially compare the left digits first (9 and 7) and notice the two digit difference. [6] However, because of this habitual behavior, "consumers may perceive the ($14) difference between $93 and $79 as greater than the ($14) difference between $89 and $75". [6]