Word: detroit
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Dates: during 1960-1969
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...more Americans decorate, the better they decorate, and the more they rely on some form of professional guidance. Rare is the department store, nowadays, that doesn't offer essentially free decorating service as a sales come-on. In Detroit, J. L. Hudson has a staff of 58 full-time decorators; Rich's in Atlanta employs 30. Manhattan's Bloomingdale's advised 1,500 customers last year, more than twice the number five years ago. The store's designers visit the homes to be decorated, draw up floor plans and supply all the furnishings, even...
...Steelmakers stand to benefit from any upturn in Detroit, and they sorely need some such boost. Hurt by competition from foreign imports and the cost of new equipment, most steel companies suffered sharp earnings declines in 1967. Net income of U.S. Steel, the industry leader, dropped 31%, to $172,499,331 on sales of $4.07 billion. While that decline was a year-long affair, several rival steelmakers-including Bethlehem, Republic and Inland-showed fourth-quarter profit increases as customers started stockpiling in anticipation of a possible steel strike next summer. Other metals companies, among them Kaiser Aluminum and Reynolds Metals...
...sensitivity of the Peace Corps does not embrace every citizen of the country, nor each country, perhaps, in which the Peace Corps serves. But conviction balances doubts and demands not rejection but improvement. The complexity of development does not diminish its urgency, unless the riots of New Haven and Detroit suggest that progressive majors are now superfluous manpower...
Many businessmen remain chary of teen-age credit because minors often are not legally responsible for their debts, and even when stores offer such credit, they require that parents guarantee payment. One exception is Detroit's B. Siegel Co., a clothing store with a policy that limits young working girls to accounts of $100 or less for the first six months-until, says Credit Sales Manager William Honig, "we see that a satisfactory payment pattern is established." Seldom does the store require adult co-signers. Explains Honig: "We're establishing credit for the young people, not for their...
...they wait anxiously for the traditional spring pickup in sales, Detroit's automakers are predicting a 1968 out put of up to 9.3 million cars, which would make the model-year one of the industry's best. But auto salesmen, who are still in the midst of winter dol drums, are beginning to wonder. As a result of last year's 45-day strike, Ford production is still catching up, and sales are off 40% for the model-year thus far. General Motors is down 1% from last year in spite of such hot numbers...