Word: old
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Dates: during 1980-1989
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...Hooker's chief was Sanford Sigoloff, a turnaround king who says he was not surprised to see B. Altman die. "With so many choice properties on the market, like Bloomingdale's and Saks Fifth Avenue, who would want Altman's? I hate to say the store was old, but it was outmoded." KMO Realty Partners, which now owns Altman's real estate, controls the rights to the store's name. KMO will probably try to make some use of it, perhaps selling it to an apparel maker or retailer, but the B. Altman name will probably never grace another department...
...Anne Klein coats, some decided to hold out for even steeper discounts. Sigoloff concedes that in the next few weeks "you'll see some serious price cutting as we try to move the older B. Altman inventory." GOING OUT OF BUSINESS, blared the bright red signs scattered throughout the old emporium. CLOSING OUR DOORS FOREVER...
...1990s, such deals are apt to be less grandiose and more carefully wrought than the quick-buck transactions that are currently coming to grief. Says J. Ira Harris, a Chicago-based senior partner of Lazard Freres: "These are only midterm grades. The real grades arrive when you have an old-fashioned recession and see who survives." When that report card is in, more raiders are likely to flunk the game they touted so highly: survival of the fittest...
Virtually every man serves -- and serves and serves. Currently, all those who are able-bodied go through a 17-week training course when they are 20 years old and annual refresher courses and deployments of three weeks or more, depending on their rank, until they are 32, when the demands lessen a bit. For those who refuse to join up, the options are grim. Each year several hundred Swiss are convicted of refusing to serve, and many of them spend three to twelve months in jail...
...receive the vote until 1971, and they have become a more powerful presence in the workplace and in politics. "There's a male network to which women don't belong," says industrial psychologist Anita Calonder-Gerster. And their new prominence has not dissipated their hostility to the old-boy military system...