Word: benefitting
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Dates: during 1980-1989
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...trend is not for everyone. Sears and J.C. Penney may not benefit because their readership is too broad. Brand-name advertisers favor upscale catalogs, like Bloomingdale's, which reach large but narrowly defined consumer groups. The majority of Bloomingdale's 1.7 million readers this fall are under 45, with some college education, employed and affluent. But access to such a demographic bull's-eye is expensive. A page sells for $27,000, about the same amount that Vogue charges for a similar space. Bloomingdale's is more demanding than the fashion magazines, requiring that the color, copy and image...
...year while the company tries to work out a plan to pay claims that may amount to $1 billion. E. Claiborne Robins Jr., the firm's president, said that the action was necessary "to protect the company's economic vitality against those who would destroy it for the benefit...
...associate professor of business ethics at Carnegie-Mellon University's Graduate School of Industrial Administration: "If the filing is a device to avoid paying as much in damages as the company would have without the bankruptcy proceeding, it is ethically questionable." But others argue that Robins' strategy will benefit victims in the long run if it keeps the firm from going under. "If the company is liquidated," says Lawrence King, a New York University law professor, "future claimants whose injuries have not come to light yet will get nothing. Even what the present claimants would receive in the event...
...overcome its Dalkon Shield ordeal. Says Louis Hannen of Wheat, First Securities in Richmond: "The company will survive in some form or other." Concludes Craig Dickson of Interstate Securities in Charlotte, N.C.: "Anything that allows Robins to separate its problems with the Dalkon Shield from its basic businesses will benefit the company, and probably all concerned...
...even greater benefit to fans is the fact that their local newspapers will no longer have to fill their sports pages with minor league results and local golf tournament news...