Word: bargainer
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Dates: during 1980-1989
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Attempting to make room for spring and summer items, department stores and clothing emporia have drastically reduced their winter-item prices, creating a bonanza for bargain hunters looking to add that one last item to their winter stock...
...students and area residents acquired new wardrobes overnight, many retailers reported heavy volumes of shoppers over the holiday weekend. Throughout Cambridge and Boston, stores are marking down their merchandise and posting "Sale" signs. Even Filene's Basement, long acknowledged by bargain hunters of all breeds as a mecca for the best grabs, had record sales during the celebratory sale commemorating Washington's Birthday...
DiChiaria describes what might be labelled as a cult-like following of the discount chain. "Some people follow our ads from year to year and call to find out if we plan to sell the same day as we did last year," she says. Other loyal followers, "the best bargain hunters in Boston," spend their lunch hours in the store every day of the work week, she adds...
...stock, and along the way accumulating huge amounts of debt. Once the threat has passed, firms have been forced to restructure to regain profitability. In other cases, they have slashed costs and boosted profitability precisely to keep their stock prices above the level at which they would attract bargain-hunting takeover sharks, who are likely to chop far more brutally and indiscriminately than the present managements. No less a titan than ITT warily shook off a takeover bid by Raider Irwin Jacobs in 1985. That effort gave renewed impetus to a slimming exercise already begun by ITT Chairman Rand Araskog...
...kidnapings that have tormented Beirut in recent years and sown frustration and despair in Western capitals, Anglican Envoy Terry Waite has been a calm symbol of hope. In five missions to Lebanon, the 6-ft. 7-in. troubleshooter has established himself as one of the few Westerners able to bargain with the terrorists holding foreigners hostage. So it was all the more disturbing last week when Waite himself, who vanished Jan. 20 during his latest mission, appeared to have become a captive. While reports of Waite's kidnaping remained unconfirmed, they steadily grew more alarming. Over the weekend Walid Jumblatt...