Word: bloom
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Dates: during 1980-1989
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...towns in between, scores of manufacturers' outlet stores are doing a land-office business by offering 25% to 70% savings. Along with the bargains, urban consumers enjoy a day in the country and engage in a venerable American dream -- the inalienable right to pursue the deep discount. Says Charles Bloom, a Flemington-based developer who has put together six profitable factory-to-you outlet villages in the U.S.: "This is the wave of the retail future...
...Furs were not enough to save Flemington. In the mid-1970s, when the town was losing business to shopping malls, and its retail space could be rented cheaply, the Dansk kitchenware firm opened a factory outlet, hoping to capitalize on the fur company's cachet. By 1982, Bloom, 63, a New Jersey accountant who had wandered into real estate, had transformed a cluster of artisans' shops in Flemington into an 88-store outlet complex called Liberty Village. Much of the success, he says, is that "in outlets, you know you're getting the real brand-name merchandise...
...best-seller, which was subtitled "How higher education has failed Democracy and impoverished the souls of today's students," Bloom charges that colleges are responsible for the moral failings of modern youth. Specifically, Bloom argues, students have not received sufficient exposure to classics of Western thought...
...difficult to imagine that there is either the wherewithal or the energy within the university to constitute or reconstitute the idea of an educated human being and establish a liberal education again," Bloom wrote in the conclusion...
...Bennett's allies deny such charges of parochialism. "You can't make those kinds of criticisms if you've read Allen Bloom's book, if you've read Secretary Bennett's speeches," Walters said. "The issue is not ethnocentrism, the issue is what are the best works" for a liberal college education...