Word: retailer
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Dates: during 1990-1999
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...former chairman of Gannett newspapers and founder of USA Today hit the best-seller list last year with his Confessions of an S.O.B. Now it turns out that the foundation he heads spent $40,000 to buy 2,000 copies of the book -- at retail price -- at various bookstores around the country...
...although retail stores are struggling to survive, the multi-ethnic character of the neighborhood has contributed to a number of success stories for up-and-coming restauranteurs, selling a variety of food ranging from Indian to Greek to Taiwanese...
That huge transfer of wealth does not sit well with Northeasterners, who face a gloomy future because of cutbacks in the defense, financial and high- tech industries. Retail sales in New England are flat or falling. In the five-month period ending last May, New York City and northeastern New Jersey lost 15,000 private-industry jobs, their first drop in such employment since 1982. Economists believe a lasting increase in oil prices would hit the area hard. "It would deepen and prolong the downturn here," says Wayne Ayers, chief economist for the Bank of Boston...
Meanwhile, more than a dozen U.S. senators sent a letter yesterday to President Bush, urging him to watch for price-gouging by retail gas and oil dealers...
...notably fast learner is Hartmut Issel, 19, deputy manager of the retail outlet of East Berlin's Cityback Bakery. Formerly part of a huge government- owned combine, the bakery has become a private corporation but is near collapse because almost all its former customers are locked into exclusive deals with Western suppliers. At one point, production fell from 50,000 loaves of bread a day to fewer than 15,000. "But our bread is just as good, and it's cheaper, so we opened our own shop here in the factory," says newly minted free-marketeer Issel. Customers have been...