Word: retail
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Dates: during 1980-1989
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...final contradictory element in Carter's program is his pledge to "provide tax relief to encourage investment" once the budget has been balanced. This intent meshes poorly with the administration's stated disappointment that "Retail sales have remained strong," "Employment is still up," and "The widely expected recession has not materialized...
...average buyer would have trouble distinguishing the phony from the original either in appearance or audio quality. Both usually retail for the same $6-to-$9 price, thus giving the retailer a huge profit. The losers in the pirated music business are the recording artists and Uncle Sam. Artists and producers receive no royalties from the clones, and the Government collects no taxes...
Salmon's own research includes examinations of departmental returns on investments in supermarkets and investigations of the internal structures of retail chains...
Whatever the motivation, the spree shows no immediate signs of slackening. Retail sales in January rose an unexpectedly sharp 2.3% over the December level, and the board now foresees no downturn in the first quarter at all. After a very mild 1.7% overall decline, the members expect a return to real growth by early 1981. Indeed, some board members, including Wenglowski and Pechman, are beginning to wonder whether anything worthy of being called a recession is likely to develop...
Sellers have discovered that the price their silver fetches as scrap from retail dealers is only a fraction of the spot, or quoted, price for the metal. This spread between scrap and spot prices has been widening because chaotic markets make dealers reluctant to tie up too much cash in expensive inventory. A year ago, when silver was quoted at around $5 an oz., dealers paid customers $3 or $4 an oz., but when silver recently nudged $50, nervous dealers in the Los Angeles area were offering only $10 to $20 an oz. for scrap and sterling flatware...