Word: retail
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Dates: during 1980-1989
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...Government figures last week showed that the economy remains very weak. Retail sales in August declined nearly 1%, after a revised 1.2% increase in July, and industrial production dropped .5% in August for the tenth decline in the past twelve months...
Atari Chairman Raymond Kassar believes that such claims are wildly exaggerated. His company is introducing a new game machine with improved graphics at a suggested retail price of $269. That is only $30 less than the price of the Atari 400 home computer, but Kassar predicts good sales. Says he: "There will always be a very strong mass market for the ultimate game machine...
...computer price wars and brisk sales are one bright spot in an otherwise bleak economy. Retail sales have not picked up substantially after the July tax cut. With so much going wrong in business, Americans apparently like to go home after a hard day's work and play a rip-roaring game of Pac-Man or chart their biorhythms on a home computer...
Alice Knox '19 probably swears by the Harvard Cooperative Society. At 84, she is the oldest employee of what is more commonly referred to by patrons as the "Coop," the oldest and probably the most respected college retail cooperative in the country. The Coop celebrated its 100th anniversary last spring, and Knox has worked in its book department for more than half its existence. A warm, down-to-earth woman, she bubbles with enthusiasm, fond memories, and evident pride when discussing the Harvard Square institution that is only 16 years her senior. "I don't know anybody who works harder...
...what's more, in ways that would have appeared utterly alien to the cooperative's motley founders some 50 years earlier. It has grown from "a shelf or two in what was chiefly a fruit store" (as one historian puts it) to a multi-million dollar diversified retail business with six branches around the Boston area. Throughout the school year and summer, students, alumni and faculty of Harvard and MIT, as well as the general public, crowd the stores in search of not only obscure textbooks, but also suits, furniture, records, t-shirts, posters, candy, and a host of other...