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Off-price is a trading format based on discount pricing. Off-price retailers are independent of manufacturers and buy large volumes of branded goods directly from them. The off-price retail model relies on the purchase of over-produced, or excess, branded goods at a lower price, thus being able to sell to consumers at a discount compared to ...
In 1883, 23-year-old Bernard Kroger, the fifth of ten children of German immigrants, invested his life savings of $372 (equivalent to $12,164 in 2023) to open a grocery store at 66 Pearl Street in downtown Cincinnati. [16] The son of a merchant, he ran his business with a simple motto: "Be particular.
Svalbard ( / ˈsvɑːlbɑːr ( d )/ SVAHL-bar (d), [4] Urban East Norwegian: [ˈsvɑ̂ːɫbɑr] ), previously known as Spitsbergen or Spitzbergen, is a Norwegian archipelago in the Arctic Ocean. North of mainland Europe, it lies about midway between the northern coast of Norway and the North Pole. The islands of the group range from 74° to 81 ...
A vertical take-off and landing ( VTOL) aircraft is one that can take off and land vertically without relying on a runway. This classification can include a variety of types of aircraft including helicopters as well as thrust-vectoring fixed-wing aircraft and other hybrid aircraft with powered rotors such as cyclogyros/cyclocopters and gyrodynes.
ISO 639 is a standardized nomenclature used to classify languages. Each language is assigned a two-letter (set 1) and three-letter lowercase abbreviation (sets 2–5). Part 1 of the standard, ISO 639-1 defines the two-letter codes, and Part 3 (2007), ISO 639-3, defines the three-letter codes, aiming to cover all known natural languages, largely superseding the ISO 639-2 three-letter code standard.
The notation "2% 10, net 30" indicates that a 2% discount can be taken by the buyer only if payment is received in full within 10 days of the date of the invoice, and that full payment is expected within 30 days, For example, if a $1000 invoice has the terms, "2% 10, net 30", the buyer can take a 2% discount ($1000 x .02 = $20) and make a ...
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