Word: bargainer
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Dates: during 1960-1969
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Longfellow and the land across from it went to the Education School from Radcliffe in a $1.2 million package. Part of the bargain is a Radcliffe option for land on Observatory Hill, near the Radcliffe dorms...
...settlement that Walter Reuther was in the process of wresting from General Motors last week promised in many ways to be the best bargain for his United Auto Workers since World War II. By Reuther's own estimate, he won an average 12? hourly take-home raise and he drove much closer toward his goal of a guaranteed annual wage. Altogether, counting wage raises and new benefits, G.M.'s labor costs would go up an estimated 20? to 25? an hour in the first year of the contract. Reuther crowed that the deal was "noninflationary"-a claim strongly...
Just Waiting. Though bargain-loving customers will benefit from the intensifying battle, many a retailer is going to be squeezed out of business. Both discounters and traditionalists agree that the most likely victims will be: 1) smaller neighborhood shops that can offer neither discount prices nor department store range of choice; 2) undercapitalized discounters who cannot afford to spend for service and a broad variety of merchandise; 3) stores whose owners are basically real estate operators leasing department space to individual merchants who operate under no central buying or pricing policy. Big Discounter Gerald 0. Kaye, chairman of Friendly Frost...
...Bargain Bait. Prime reason for the multiplication of models is that Ford, Chrysler, General Motors and Studebaker-Packard have all decided to introduce "intermediate" models bigger than their compacts but smaller than their standard cars. In addition, virtually every make will have a "pizazz" model (TIME, July 21) to satisfy the public's craving for bucket seats and floor-mounted manual gearshifts. All this diversity worries the automakers because it shaves their profits with higher manufacturing costs. Yet they are racing headlong into it in the hope that with a year of frank experimentation they can find...
...unsold cars are expected to be down to 655,000, v. 888,000 last year. And only 545,000 of the September stocks will be 1961-none too many to suit the dealers, who like to have a few of the previous year's models left as bargain bait for customers who do not like the new styles...