Word: expanders
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Dates: during 1980-1989
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...Mart's growth is phenomenal. The company has been able to expand for the past decade at a dizzying annual pace exceeding 35%, more than triple the rate of the retail industry as a whole. Last year Wal-Mart posted profits of $450.1 million on sales of $11.9 billion, up from only $2.4 billion five years earlier. The company, which ranks as the fourth largest U.S. retailer, is poised to supplant the No. 3 chain, J.C. Penney (1986 sales: $14.7 billion), and is moving up fast on the industry behemoths, K mart ($23.8 billion) and Sears ($44.3 billion). This week...
...hardware components promise to expand horizons and boost sales even more. A silicon chip known as the Intel 80386 microprocessor already runs Compaq's IBM-compatible Deskpro 386, giving it the power of bigger minicomputers for the price of a PC. At Apple, design engineers use a Motorola chip comparable to Intel's for their Macintosh machines, now the industry's hottest-selling family of personal computers...
...happens because a federal regulatory device called an emission- reduction credit allows holders to spew a specified tonnage of toxicants into the air. Result: a $50 million market in ERCs among polluters trying to expand. Such firms buy ERCs, at $3,000 to $10,000 per allowable ton of waste, from companies that have already reduced pollution. The feds say the practice improves the air, because every ERC trade reduces the subsequent waste quota...
...increased the demand for fashionable clothing in all sizes -- along with the income to pay for it. Some clothing experts estimate that fully 45% of women wearing size 16 or larger are in the free-spending, fashion-conscious 25-to-35 age bracket. Their purchasing power will continue to expand as the U.S. population ages...
...take the place of eliminated or diminished programs, the FY 1988 budget would expand the Income Contingent Loan program (ICL). Congress rejected ICL when it was proposed as part of the FY 1987 budget, but agreed to fund it at $5 million on a pilot basis. Although the results of the pilot program are not yet in, the FY 1988 budget proposes to expand ICL into a major loan program funded at $6000 milion. The Education Department claims that under ICL "financially needy students would be able to borrow large amounts of money on manageable, income-sensitive repayment terms...