Word: retail
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Dates: during 1930-1939
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...nation, Il Duce believes that he can force the sellers of manufactured goods and foodstuffs to cut their prices drastically, thus hammering down the cost of living to the lowered level of wages. Thus far, in the opinion of the Dictator, profiteering tradesmen have not cut their retail prices nearly enough to bring these into line with the staggering decline in wholesale raw product prices throughout the world...
Obviously if the Original, the One & Only can batter down retail prices 15%, a postman whose wages have been cut 12% will be better off than before...
...president for next year was Lee Hastings Bristol, vice president of Bristol-Myers Co. He succeeds Bernard Lichtenberg, short, popular, alert vice president of Alexander Hamilton Institute. President Bristol is 38, first worked for Bishop Calculating Recorder Co., left this business in 1923 to tour the U. S., study retail merchandising methods and dealer reaction to window-displays; especially in the drug business. He became associated with Bristol-Myers the following year as secretary and advertising manager, was made a vice president in 1928. Bristol-Myers is a subsidiary of Drug, Inc., and among the products which Adman Bristol tells...
When E. A. Pierce & Co. took over the brokerage business of Merrill, Lynch & Co., the firm acquired, in addition to a wire system, a large retail sales and stock commission organization and entered investment banking on a large scale. It had previously participated in some offerings (Phelps-Dodge, Curtiss Airports, Petroleum Corp.), but never before was a large factor in distributing securities. To some Wall Streeters this recent vigorous expansion has suggested that E. A. Pierce & Co. cash-rich, is taking advantage of bargains. Other observers believe that little cash has been used. They say that E. A. Pierce...
...books are news. Unless otherwise designated, all books reviewed in TIME were published within the fortnight. TIME readers may obtain any book of any U. S. publisher by sending check or money-order to cover regular retail price ($5 if price is unknown, change to be remitted) to Ben Boswell of TIME. 205 East 42nd St., New York City...