Word: discounters
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Dates: during 1960-1969
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...Although sales have continued to grow (they will be over $16 million this year, compared to $15,282,000 last year), expenses have risen at a faster rate. Marginality has finally caught up with the Coop. For years he Coop had endeavored to give, in a sense, a double discount. Besides the patronage refund, the Coop has always made a point of pricing as low as or lower than its competition. In fact, the Coop was founded in 1882 for the very purpose of giving undergraduates a store in the Square that priced below the monopoly prices of the other...
...latest of many austerity moves to hold off devaluation, the Bank of France is expected to announce this week another increase in the country's discount rate, which has been raised over the past year from 3½% to 6%. Such belt tightening has already fanned social unrest. Across France last week, normally docile merchants closed down their shops in a one-day protest against high taxes. Some even took to the streets and battled riot police...
NOVEMBER 12 -- X plans its biggest and most socially-directed demonstration. The boys and girls of X are to shop passionately in the discount basement of Filene's downtown Boston store. Then at a given moment they are to strip off their clothing and start shouting, "I can not appear without my clothing. I can not travel without a passport...
...reason that records prices are going up, the person who sells records at the Coop told me, is because at the end of last year when the Beatles came out with a double album that sold for $10 at non-discount places all across the country, it still sold 3 1/2 million copies in four days. The record companies learned there was a lot more money in the market than they thought...
...cent for the Charles Playhouse (most of the others being resubscribers). "This makes a tremendous difference to these theatres," Opin said. "Often the difference between a mediocre year and going under." And this year BAD finally convinced the Opera Company of Boston to institute a 10 per cent student discount. "They were absolutely opposed," Mindich said. "Now mabye next year we can try for a bigger discount...