Word: mobiles
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Dates: during 1970-1979
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Seeking higher profits per pump, Texaco, Exxon, Mobil and other oil giants have been closing down at a dizzying clip what they consider marginal stations. Nationwide, the number of stations has dropped from 226,000 in 1973 to 180,000 at present, and virtually no new full-service stations are being built. Instead, the trend is to no-service stations that sell only gas and oil, require customers to fill 'er up themselves, and can be operated by a single cashier...
...have opened convenience stores that sell such things as beer and sandwiches. To entice shutterbugs, some Shell stations have installed Fotomat shops next to their pumps. The majors have also started selling private-label gas brands that are not expensively advertised and can be sold at rock-bottom prices. Mobil, for example, has introduced Big Bi and Hi Val gas in some areas. This practice has often put the majors in direct competition with their own stations...
Died. Eliot F. Noyes, 66, tastemaking industrial designer, architect, artist and wholesale shaper of corporate images and buildings (IBM world's fair pavilions, Mobil's cylindrical gas pumps), whose abiding reverence was for pure functionalism and uncluttered, recognizable packaging ("Familiarity breeds acceptance," he once quipped); of a heart attack; in New Canaan, Conn...
...Amerada Hess, Arco, Sohio, Exxon, Mobil, Phillips. Union and British Petroleum...
...ACSR) offered the Harvard Corporation an unprecedented number of anti-management recommendations on shareholding issues this year, ranging from investment in South Africa to the Arab boycott. But in several key instances, the Corporation refused to heed the ACSR's advice and vote against the management of companies like Mobil, Gulf Oil, General Electric and Manufacturers Hanover...