Word: retail
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Dates: during 1980-1989
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...company in the U.S. and one of the best known. Millions of Americans watched the Texaco Star Theater television show, featuring Milton Berle, and a decade later any child could sing the jingle "You can trust your car to the man who wears the star." With exploration, refining and retail operations from Abilene to Aberdeen, the company has generated huge wealth and no small amount of controversy in its 86-year history...
...over to Central Square. On the map Central Square is shown as part of Cambridge, but in reality it is a separate fief, administered by the Federal Bureau of Urban Blight; Cambridge proper actually ends at the eastern end of the Mt. Auburn St. used book store zone, a retail no man's land where no one ever ventures...
...Bethel city manager, sees it coming. "The villages are going to feel it the most as teachers' aides get cut. And 99% of them are native." That will ripple back to Bethel. "Everything is one big question mark," says Dave Foster, 46, general manager of Swanson's, the largest retail store in town. "I don't think we've seen the worst...
...designer's showcase store on London's Brompton Road. Originally an automobile garage, the shop has enough floor space to comfortably accommodate menswear, women's clothes and a Roman chariot race. "There could be more clothes in it," frets Danish-born Fashion Entrepreneur Peder Bertelsen, who backs Hamnett's retail enterprises on the designer's home turf. "Katharine's very exciting to work with," he adds. "She shouts at me and calls me names I can't find in the English dictionary...
...property market, the Japanese have spent spectacular sums. Mitsui Real Estate Development paid $610 million for the Exxon Building in Rockefeller Center last December, the highest price ever fetched by a Manhattan office tower. Last November, Daiichi America Real Estate paid an all-time top price for U.S. retail space when it shelled out $94 million, or about $1,000 per square foot, for the Tiffany building on Manhattan's Fifth Avenue. Nissei Realty turned over an estimated $135 million last November for a half share of San Francisco's 38-story Crocker Bank Tower and Galleria shopping center...