Word: discounters
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Dates: during 1960-1969
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...mean to discount in any way the value of individual efforts in research or teaching that are being made with respect to Latin America at several of Harvard's graduate school and at other institutions such as Columbia University, Stanford University, the New York University School of Law, the American Institute of Foreign Trade at Phoenix, Southern Methodist University, Tulane University Law School, and the University of the Pacific at Stockton, California. I appreciate, too, that the Ford Foundation, the Rockefeller Foundation, the Interamerican Bar Association, the Institute of International Education and other organizations support many worthwhile activities, scholars...
...Fair Trade, which has been on the books for 60 years. RPM has long been condemned by Labor, but defended by the free-enterprising Conservatives, largely because half a million shopkeepers are registered Tories. Most small shopkeepers see in RPM their last chance of coexisting with supermarkets and discount stores. Even with the protection of price fixing-and despite a native British dislike for impersonal service-the number of shops with fewer than ten branches declined from...
Facts of Life. Not everyone agreed. The Scotch whisky firm of Wm. Grant & Sons (famous in the U.S. for the slogan, "As long as you're up, get me a Grant's") obtained an injunction last week to restrain retailers from selling its products at discount prices while RPM is still in effect. Cadbury's at once stopped sending sweets to firms discounting their goods, and the National Chamber of Trade bravely promised to "move heaven and earth to prevent this bill being adopted...
...BUSINESS LOANS. Funds will continue to be amply available, but a Federal Reserve discount boost might push rates to prime loan customers from their present 4.5% to 5%, which would be the highest in three decades...
...prescience that has helped the company pull away from such competitors as Montgomery Ward and J. C. Penney. Long before World War II, convinced that automobiles would revolutionize merchandising, Sears pioneered residential stores surrounded by parking space; the postwar rush to the suburbs reaped spectacular sales. The proliferation of discount houses has had little effect on Sears: 95% of its merchandise is in house brands (Allstate, Kenmore, Homart, Silvertone) that discounters cannot carry and that, in any case, are generally priced 20% under competing brands...