Word: retail
(lookup in dictionary)
(lookup stats)
Dates: during 1980-1989
Sort By: most recent first
(reverse)
Money is the problem. If the Community does not raise revenues, drawn mainly from retail sales taxes among member nations, or slash spending, its budget next year will not cover farm subsidies, much less long-sought social and industrial programs. But even the prospect of bankruptcy failed to move the leaders, largely because the budget crisis is linked to three intractable issues: the exorbitant costs of the agricultural program, which eats up two-thirds of available resources; Thatcher's demand for a more equitable system of member contributions; and long-promised membership for heavily agricultural Spain and Portugal, which...
...January-to reassure the financial markets. Already the markets are betting that high interest rates will soon push inflation, now running at less than 5%, toward double digits. For the short term, however, most Wall Street analysts are more bullish than Feldstein. If anything, consumers are more confident. Retail sales are running 20% over last year at some stores. Says Richard Thomas, president of First Chicago Corp.: "When people are not worried about losing their jobs, they are more relaxed about spending their money...
Coleco was the best performer on the New York Stock Exchange in 1982, up from $6.87 to $36.75 a share. This year the Greenbergs put most of their chips on their Adam computer, to retail for less than $700, the first complete home system to sell for less than $1,000. They promised to deliver 500,000 units by Christmas, but all summer there were delays and reports of faulty equipment. Most experts think the Adam will live up to its promise, however, and by last week Coleco said belated deliveries were running...
...company is in a better position to profit from this spending surge than Sears, Roebuck. The giant retail chain and catalogue merchant, largest in the U.S., is on a hot streak. After a decade in which profits sagged and the 97-year-old company seemed to have lost its sense of direction, Sears has found its way. During the first nine months of 1983, profits shot up 89%, to $759.5 million, while revenue surged 18%, to $25.1 billion. Around the Sears Tower, the 110-story black steel-and-glass skyscraper in downtown Chicago that still bears the title...
...SEARS." The company is betting heavily on the success of its new look. Twelve of the stores have opened in time for Christmas, and 99 more will be remodeled or built from scratch next year. By 1989, Sears will spend $1.7 billion to spruce up 600 of its 831 retail stores and build 62 new ones. It is the most expensive facelift in the company's history...