Word: duchene
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...some retailers are beginning to see a few wispy signs that the consumer may be again reaching for his wallet. Says Charles Duchen, chairman of Younkers Inc., a department store chain based in Des Moines: "In the past four or five weeks, the consumer has grown more confident. There is a feeling that we have reached the bottom and the worst is behind us." Adds James Zimmerman, president of Rich's in Atlanta: "Back-to-school sales are already very good...
...Chicago area is down to 3.5%. Along the lakefront ten skyscrapers are being built or planned. In the Kansas City area the dollar volume of residential construction during the first three-quarters of this year ran 43% higher than in the equivalent period of 1971. In Des Moines, Charles Duchen, president of the Younkers Bros. department-store group, basks in a 10% third-quarter increase in sales and says: "The outlook is good. The people are in a relaxed mood because Viet Nam is winding down, the election is over, and there is less uncertainty about who's running...
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