Word: formula
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Dates: during 1970-1979
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...every store, of course, can emulate Bloomingdale's specific techniques: ice cream made from Himalayan mangoes might not sell as well in the suburbs of Spokane as it does on Manhattan's East Side?especially not at $1.75 a pint. But any store can follow Bloomingdale's essential formula: first, know your customer, his age, affluence, customs, habits, tastes. Then set out to woo him with distinctive merchandise, flashy displays and a general aura of showmanship, all calculated to make shopping an adventure?in fact, fun. Bloomingdale's puts it on the unicorn-bedecked Christmas shopping bags it is handing...
...formula that gets full support from Federated headquarters. Federated is an amalgam of 19 store chains, including, besides Bloomingdale's, Filene's in Boston, I. Magnin & Co. in San Francisco, Bullock's in Los Angeles, Foley's in Houston, Burdine's in Miami and Abraham & Straus in Brooklyn; Federated had total sales of $3.3 billion in the fiscal year ending last January. Like any company of that size, Federated has an organization chart?only its chart has been turned upside down. In the box at the top where any other company would put the chairman, Federated's chart shows...
Asked recently to pick the most important decisions in which he had participated, he cited the 1964 one-man, one-vote reapportionment ruling and the 1954 Brown school desegregation case. Then, surprisingly, he added a 1944 opinion that had established a clear formula under which "a utility was entitled to make a return sufficient to at tract capital and keep going." Douglas understood "the matters of corporate finance better than any lawyer I've ever known," says Harvard Law Professor Vern Countryman...
...monthly net income of $300 would take the deduction, leaving it with $200; of this, it would have to spend 30%-or $60 a month-on food stamps. At present, most recipients pay between 16% to 24% of their incomes for stamps on the basis of a complicated formula that allows deductions for family size and a wide range of expenses...
...head was the government's latest pay proposal for health service doctors below consultant rank, most of whom are full-time employees of the state. Holding to the Labor government's current ceiling on wages-no raises of more than $12 a week-Castle proposed a formula that reduced the physicians' basic work week to 44 hours but at the same time altered the overtime policy so that the doctors who worked the longest hours received the lowest proportional pay. Negotiators for the junior doctors reluctantly accepted the offer, but the doctors themselves did not. "Mrs. Castle...