Word: retail
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Dates: during 1980-1989
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...pioneering business program, has shelved plans to create its own software, cut its work force to 72 from a peak of 250 and sold the licensing rights for its troubled VisiOn package to Control Data. Another former pacesetter, Digital Research, has backed away from its ambitious move into the retail market and is focusing again on programs that are built into computers...
...years, Brennan, 50, developed the successful strategy for sprucing up Sears' stodgy image by introducing new store designs and more big-name labels. He traveled the country, popping into stores and giving pep talks to local managers. As a result of Brennan's innovative moves, Sears' retail sales have gone from slump to boom...
Change is also sweeping the aisles of Sears' 806 retail stores in all 50 states, where some 39 million American families shop. Under Chairman and Chief Executive Edward R. Telling, Sears* boss since 1978, the company has launched a $1.7 billion capital-improvement program to build 62 new stores, remodel 600 others and update the company's whole approach to selling. By October, Sears will have 107 "stores of the future," which will depart sharply from its traditional selling places. They have a friendlier, more welcoming look than the Sears stores of old, with more aisles, lower ceilings...
...such are great retail empires built...
...millions, the company is the grand marshal of the American material parade. Sears sells 37% of America's replacement car batteries, 22% of its paint, 39% of its clothes dryers, almost half of its portable flush toilets. It reaches its customers not only through its more than 800 retail stores but through 2,389 catalog-sales centers in localities that range in size from Los Angeles to Arkville, N.Y. (pop. 600), and Muleshoe, Texas (pop. 4,842). The largest Sears stores are in Troy, N.Y., and Roseville, Mich. The most profitable one is in Honolulu. The smaller catalog stores...