Word: retail
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Dates: during 1980-1989
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...first to link vinyl and video tape, but it is the first to reach the market. A previous try spotlighting Blondie, the only socially acceptable punk outfit, was withdrawn when union negotiations prevented release of the tape. The new tape, marketed by TIME-LIFE Video, costs $39.95 retail. For anyone with the ante, and a taste for some high-spirited, high-stepping rock, One for the Road is one of the more notable music events of the year. It is a tidy audiovisual chronicle of fierce, reckless endurance, a gone-to-hell charm that is distinctively, and triumphantly, Kinky...
Despite the modest increase in retail sales, it is unlikely that consumer spending will pull the economy out of recession this year, as it did in 1975. Wary customers are still doing most of then" buying for cash rather than on credit. In California the Carter Hawley Hale chain reports that in the first half of the year there was a 2½% drop in credit sales. Consumers in June decreased their debt load by $3.46 billion, after a $3.43 billion drop in May. Any cash left over is now being stashed away in savings accounts. The level of savings...
...mere 1%. Since K mart's sales have averaged a 19.3% annual growth since 1970, many analysts expect that it will pass Sears by the mid-'80s. Says Detroit Investment Analyst Mariann Kotas: "Leaving aside Sears' insurance business, K mart already is No. 1 in retail profits...
...plans to keep the chain expanding. He intends to open 180 to 190 new stores a year, many of them in urban and rural areas that the chain does not reach now. New stores are likely to be only about half the size of K mart's normal retail barns...
...telephones themselves, as are a host of smaller firms that have been cranking out toylike phone gadgets that look like beer cans, Mickey Mouse and Superman. The devices connect right up to the Bell lines in homes or offices. AT&T is fighting back through its 1,800 PhoneCenter retail outlets around the country, which offer an equally broad array telephone designs to customers...