Word: discounter
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Dates: during 1980-1989
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...growth of huge regional discount stores -- despite all the convenience they provide -- has been devastating for many small downtowns, since one shopping center can draw customers away from a dozen or more communities. Says Robert Van Hook, executive director of the National Rural Health Association: "Wal-Marts are the last nails in the coffins of a lot of rural Main Streets." Because downtown retail shops are important employers, their decline can be fatal to the rest of the town's economy as well. Another major small-town employer, the local hospital, is disappearing at the rate of more than...
Tickets cost $8 each, with no coupons necessary and no discount for students; they are limited to two per person. Tickets purchased for the third game can be turned in for a cash refund if that game is not necessary...
ECAC Tournament tickets will be on sale at a student discount through 12 p.m. Thursday at the Harvard Athletic Ticket office in the basement of Harvard Hall...
...appearance of sluggishness overseas was compounded at home when the Federal Reserve Bank raised the discount rate a half point, to 7%. The move was a clear sign that the Fed, frightened by recent indicators, does not believe the new Administration's rosy assertion that inflation can be held in check without higher interest rates...
...inflation battle of 1981-82 still linger. Those fears were quickly rekindled when major banks, led by Chase Manhattan, boosted their prime lending rate from 11% to 11.5%, the second increase in two weeks. At week's end the Federal Reserve confirmed the quickening trend by raising its discount rate, which is the rate it charges banks for short-term loans, from 6.5% to 7%. Anticipating the effects that $ rising rates will have on business and the economy, the Dow Jones industrial average plunged 42.5 points in one session after the inflation numbers were released last Wednesday. Over the course...