Word: garfinckel
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Dates: during 1970-1979
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Willard Bent, the head of a company that embraces Brooks Brothers, Washington's Julius Garfinckel & Co. and other stores, reports that sales are off in part because "downtown stores are just not showing the results that branches are." Stanley Marcus, president of Neiman-Marcus, has made a fortune in downtown Dallas but now prefers locations away from the center. Compared with them, he says, "it takes a lot more effort and advertising to generate downtown business...