Word: retailer
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Dates: during 1990-1999
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Rolle, an African American who has lived in the 17th District nearly all his life, says he is concerned that too many retail and service-sector jobs have been taken from longtime black residents of the district by recent immigrants. He thinks the disparity can be alleviated if these old-line residents could get small-business loans. Rolle has a long history of civic involvement, but given the district's overwhelming Democratic slant, he will have his work cut out for himself in November...
BORN: Feb. 24, 1965, North Adams EDUCATION: Trinity College (Hartford), B.A., 1987 FAMILY: Husband, Charles Hunt III; one stepchild RELIGION: Roman Catholic MILITARY: None OCCUPATION: Legislative aide; retail sales manager POLITICAL CAREER: Massachusetts Senate, 1991- ADDRESS: P.O. Box 551, Pittsfield...
...logic behind most capitalist business operations is simple: Provide what the customers want at prices they will pay while attempting to increase profit margins. This task is best accomplished by holding down operating and wholesale costs and raising retail prices and/or sales. The end of the process is profit; without that incentive, the owner of the business would not and should not be concerned with the business. True commercial co-cooperatives can easily be included among such legitimate businesses (at least until competing claims on profit or loss force its disintegration). Even nonprofit organizations (like the University) believe...
...noncompetitive prices. The Coop has--believe it or not--discovered that students aren't buying its tailored clothing, shoes, "fashionable" items, computer hardware, televisions, stereos or cameras. It promises to take them off the floor this year. Regarding its other items, however, the Coop still lives in retail fantasy land. Delusions of un-coerced sales are the only thing keeping it from shutting down...
...masters. "I've got a number of constituencies: the customers, the communities in which we do business, and I've got the shareholders." And some shareholders remember the boom-boom 1980s, when newspaper profit margins routinely approached 20%. Cold reality hit along with the recession in the early 1990s: retailing, then retail advertising, then newspapers dependent on such advertising suffered, and profits fell. Ridder insists that the financial pressures on all papers tend to be cyclical and that in fact Knight-Ridder has recently upped the percentage of revenue it spends in the newsroom. Journalists who complain about cost cutting...