Word: retail
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Dates: during 1980-1989
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...Timely Beeper, also known as False Alarm, is sold by the Sharper Image, a San Francisco firm that has a mail-order catalog and several retail stores. Since it was introduced three months ago, several thousand have been sold. The product was created by Eugene Grant, 67, the founder of Omega Contract Design, a California-based designer of aerospace products. The notion came to him one day, when he found himself restless in church. Says Grant: "There I was listening to one homily after another. Meanwhile I was dying to go fishing." When a fellow churchgoer's beeper went...
...question game premiered last August and at a retail price of $17.95 per copy, the game has sold over 1000 copies to date. "We're already in the black," said Madej...
...gray market offers considerable bargains for the wary consumer and has grabbed about a $5.5 billion chunk of the nation's retail trade. This includes $ an estimated 30% of high-quality camera sales. These goods are sold across the country by such giant chains as K mart and Montgomery Ward, as well as by local specialty outlets. Some stores carry both gray-market products and normally discounted goods...
...boutiques and concept cafes along Haight Street are sometimes under the proprietorship of veterans of those heady days, but more likely they are the ventures of mercantile types who sense retail opportunity in buying into the Haight's historic consciousness. It's a decent place for a walk and worth a shopping spree for expensive used clothing, but it's not a way of life...
...first major lender in four years to lower its credit-card rate. The New York institution trimmed the charge from 19.8% to 17.8% for Visa and MasterCard accounts and other revolving credit lines. "We saw it as a significant marketing opportunity," said Edward Miller, executive vice president for retail banking. The bank hopes to woo customers from its rivals with the lower rate...