Word: discounter
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Dates: during 1970-1979
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...primary customers remain, not modest experimenters with alternative energy sources, but 49 industrial giants based in the Southeast, including Union Carbide, Alcoa, and Reynolds Aluminium. Under special arrangements, these industrial consumers receive electricity from TVA at discount rates, while small consumers pay full rates. This means that the small consumers effectively subsidize the energy consumption the industrial giants, which in the case of Union Carbide, for example, goes toward operating uranium enrichment plants that seriously threaten local environments...
...Laredo, some still unpaved streets are lined with quaint, two-story Spanish-style buildings that house hundreds of tiny discount shops. Aisles are packed with color TVs, pocket calculators, tape decks and radios. Prices-$460 for a Sony 17-in. portable color TV, vs. $634.95 at Foley's department store in Houston-attract a different kind of professional smuggler, the chiveras. They sometimes hire pilots, who are occasionally smugglers themselves, and twin-engine Beechcraft "Beech 18" airplanes with the noses extended 6 ft. to haul more cargo...
...trend toward discount airfares, which makes distant meetings cheaper for companies and associations to sponsor...
...Revlon stands out for at least two reasons. While most of its rivals concentrate on either class or mass markets, Revlon sells cosmetics, toiletries and fragrances in every price range through every type of retail outlet, from the most exclusive department stores and beauty salons to the most crowded discount houses (it is even test-selling a few products in supermarkets). Equally important, it has survived triumphantly the moment of maximum danger for a cosmetics company: the death of the founder. The test came four years ago with the terminal illness of Charles Revson, a free-spending, profane, tyrannical...
...money supply did in fact increase much more gently in October; during the week ended Oct. 25 it actually fell a striking $5.4 billion, to $358.9 billion. Not much can be read into one week's figures, but the drop came even before the sharp jumps in the discount and Fed funds rates. Bankers view the $3 billion increase in reserve requirements as an especially important, direct move to restrain the money supply...