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They're about the hottest thing in retailing, not only because of lower prices, but greater convenience. We talk about the phenomenon - and the possible sale of 99 Cents Only Stores. Also, the big increases in tuition at UC schools and how students might cope. Available at kpcc.org and podcast (Business Update with Mark Lacter). Transcript is after jump.
More by Mark Lacter:
American-US Air settlement with DOJ includes small tweak at LAXSocal housing market going nowhere fast
Amazon keeps pushing for faster L.A. delivery
Another rugged quarter for Tribune Co. papers
How does Stanford compete with the big boys?
Those awful infographics that promise to explain and only distort
Best to low-ball today's employment report
Further fallout from airport shootings
Crazy opening for Twitter*
Should Twitter be valued at $18 billion?
Recent Retail stories:
Sears store and warehouse in Boyle Heights soldAmazon keeps pushing for faster L.A. delivery
Holiday shopping: On your marks, get set... spend!
Ron Burkle buying most of Fresh & Easy chain
More than a third of all electric car sales come from L.A., S.F.
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Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.