3 may thus poach some high-spending customers in the short term.
They kidnapped high-spending customers at Seoul's most exclusive department store, and then ate them.
Fashion shows are invitation-only affairs for fashion editors, buyers at fancy stores, celebrities and a few high-spending customers.
"There are many high-spending customers who have been resistant to ebooks and buying online for a variety of reasons," explained one analyst.
In a report on interchange fees (also known as swipe fees) published in 2009, the Government Accountability Office concluded that these fees had increased significantly since 1991, especially for so-called premium cards offered only to high-spending customers.
(He should know; his Hong Kong department store has half a dozen shops in greater China, 650,000 high-spending customers and, in the new Shanghai store, private suites for "Platinum VIPs" who spend 60,000 yuan or more a year).
At the Abigail Kirsch facility, where parties cost about $100 a person, even high-spending customers are cutting back on the open bar, substituting wine service with the meal, Mr. Longo said.
One marketing strategy that does feel appropriate is when labels hand out specially branded red packets to high-spending customers – these decorative envelopes hold a cultural importance that will never disappear.
Sprint PCS, the wireless-telephone unit of Sprint, said it would offer business users access to corporate e-mail and internal computer networks over its phones, to draw more high-spending customers.
Yet both Costco, a discount retailer with high-spending customers, and JetBlue, a big airline, recently stopped using it for "co-branded" credit cards.If there is an exception to the downturn in the industry's fortunes, it appears to be Capital One, a card-issuing bank.
The plan debuted in 1998 and lured high-spending customers but overwhelmed its network.
