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Price Hike

BUSINESS
March 15, 1986 | STEPHANIE DROLL, Times Staff Writer
Citing the continued appreciation of the yen against the dollar, Toyota said Friday that it is raising its car and truck prices by an average of 4.1%, or $412. The No. 1 importer had already hiked the prices of its 1986 models by an average of 3% in January. It action is the latest in a series of price increases announced by Japanese auto makers since December.
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CALIFORNIA | LOCAL
September 11, 1997
The price of soft drinks will rise 25 cents at the Rose Bowl to help fund a school program to train students for the hospitality industry, the City Council has decided. Council members approved the price hike this week as part of a deal that gives the concessionaire, Service America, a new 10-year contract and exclusive rights to sell food and drinks in the stadium without having to bid against competitors.
BUSINESS
July 29, 2002 | From Associated Press
After a flat summer, gasoline prices edged up nearly 2 cents a gallon in the last two weeks, an industry analyst said Sunday. "The low and very, very stable prices throughout the summer did have to end some time," Trilby Lundberg said. "What we have is a closer balance between supply and demand and continued crude oil price strengths." Despite increased summer driving, supplies remained plentiful, Lundberg said.
BUSINESS
October 10, 2011 | By Dawn C. Chmielewski, Los Angeles Times
Attempting to heal its self-inflicted wounds, Netflix Inc. said it would abandon its controversial plan to separate its DVDs-by-mail business from its online streaming service. The surprise reversal, coming three weeks after the plan was disclosed, follows the company's unpopular 60% price hike in July for subscribers who watch both DVDs and online video. The changes led the Los Gatos, Calif., company to predict it would lose 600,000 U.S. subscribers for the third quarter, instead of gaining as many as 400,000 as it previously forecasted.
BUSINESS
November 8, 1988 | Associated Press
The world's largest newsprint maker, pressured by weak demand and resistance from American newspapers, said Monday that it would drastically reduce and delay its latest announced price hike. Abitibi-Price Inc. of Toronto has told its customers that it decided to increase prices for newspaper customers by $30 to $680 a metric ton effective Feb. 1 instead of the previously announced $695 a metric ton. But analysts said that unless two smaller U.S.
OPINION
September 10, 2008
Imagine a straight line on a graph. Another line is curving toward it. It gets closer and closer; it will, unto infinity, always get closer, until you can't see the space between them, but it will never touch the straight line. In the world of pre-calculus classes, the straight line is called a linear asymptote. In the world of retail, it's called a dollar, and the curve that draws ever closer is the 99 Cents Only Stores’ new pricing strategy. The chain has become a reliable outlet of unmoving and unvarying prices at a time when the cost of energy has raised the price of just about everything.
BUSINESS
June 4, 1992 | CHRIS WOODYARD, TIMES STAFF WRITER
After more than a year of admission discounts, Disneyland said it plans to raise prices by up to 4.5% today, hoping to capitalize on the success of its new "Fantasmic!" special effects show. The price hike had been rumored for weeks, but the move is expected to catch competitors off guard because it comes amid predictions that Southland tourism will be hurt this summer because of the April riots in Los Angeles. The price of a Disneyland adult admission is now $28.75, up from $27.50.
BUSINESS
March 14, 1997 | JOHN O'DELL, TIMES STAFF WRITER
The Happiest Place on Earth ensured Thursday that it will remain one of the priciest amusement parks on the planet, with a $2 price hike that boosts the standard adult admission at Disneyland to $36 effective today. The park's standard admission for children will remain $26. Separately, Knott's Berry Farm also said it will raise prices Wednesday to $31 for adults and $23.95 for children. That last figure is a $4 hike from Knott's current kids' price of $19.95.
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