Word: retail
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Dates: during 1980-1989
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Another bright sign for the economy is that consumer confidence and retail sales remain robust. Several department store chains last week reported hefty profit gains during the first three months of the year. Earnings were up 17% at Allied Stores, 18% at Dayton Hudson and 21% at Federated. Auto sales in mid-May rose 18.2% over the same period a year...
...Pistner-Brennan team moved to reorganize the chain, eliminating 23,000 jobs, reducing the number of retail stores from 365 to 322, and cutting distribution centers from 150 to 33. In 1983 the company earned a paltry $40 million on $6 billion in sales, and last year it made $54 million on almost the same amount. In contrast, Sears earned $1.5 billion on sales of $38.8 billion. After launching the Montgomery Ward reorganization, Brennan left to run Household Merchandising, the company that embraces T.G.&Y. and Ben Franklin variety stores. The president's job at Montgomery Ward opened...
...China, Treadup's impressions are immediately negative. His hatred of the blatant imperialism practiced by the Great Powers in the wake of the 1900 Bose Rebellion is also at least partly foreshadowed by the earlier groundwork. In these transitional sections the book tends to suffer from over-elaborate retail and reverie...
...building's owners offered retail space to former tenants as Bob Slate's at below the market level, Niles said. Space for the only newcomer, Cambridgeport Savings Bank, sold at a "competitive" rate, Keegan said...
Cambridgeport Savings Bank, a newcomer to the Square, will occupy the last of the four retail spots on the bottom floor of the lucrative site. Professional office space will fill the upper four floors...