Word: retail
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Dates: during 1940-1949
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Most U.S. retail merchants would rather unwrap a beefsteak in a lion's cage than display nylons openly, let alone advertise them. The few who have tried have repented almost immediately-once in Chicago a horde of irritable females chased a proprietor out a fire escape when his supply of nylons was gone...
...producer of prefabricated houses. President Foster Gunnison plans to have his New Albany, Ind. plant (which made 4,500 houses before the war) in production by March. It will turn out a complete house every 25 minutes. A new $1,200,000 factory will be in production by August. Retail prices: from $3,500 to $8,000 (including cost of erection, plumbing fixtures, electrical refrigerators...
...Harvard, he started as a stock boy ("not stockholder," he quips), soon became manager of Filene's Winchester, Mass, store. In 1941, he joined the Navy, served as a lieutenant until he was discharged a month ago. Last week, young Mr. Roosevelt, 29, was back in retail trade, "the only business I know."* He was hired by his father's friend Walter Kirschner, board chairman of Grayson Shops, Inc., a chain of 28 West Coast stores. Roosevelt's job: "Some sort of executive position." His salary: "None of ... the public's business...
...Commodity Credit Corp. offered to raise the price to $3.67½, for the 1946 crop. This was satisfactory to Cuba, but Congress so far had not given the CCC authority to pay a subsidy to absorb the increase. The retail price boost was the only solution...
...years, a balanced budget. But those who could see that in 1945 were farsighted. Yet the drop in federal spending had failed to halt the tremendous momentum of the economy. It rolled on like a great water wheel, gushing out money. It rolled into retail stores, movies, bank accounts. And much of it rolled out again to gas up the gaudiest Christmas spending spree in years. Yet, as store shelves were swept clean, there was little, as yet, in the cupboard to fill them up again...