It's Sales Time!

Many shopping centers and malls are offering large discounts in the lead up to the holidays. Even with the reduction in prices, retailers are making up to four times more profit.

December 18, 2000

"Up to 70 percent off. Only for three days. Hurry." It sounds like an advertisement for a famous brand of clothes. Other ads promote 50 to 80 percent off the price of household items.

With the upcoming Christmas, Idul Fitri and New Year holidays only a few days apart, shops have intensified the discount war. Everything, it seems, is on sale at knockdown prices. Even vegetables are not safe: Matahari supermarkets are flogging them for less.

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