Word: retailers
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...first quarter-profits before taxes were still far below the record $84 billion achieved during the third quarter of last year. Yet the Commerce Department sees in the small rise important implications for the months ahead. Manufacturers' inventories have been reduced for the first time in three years. Retail sales, which slumped earlier in the year, continued to recover and were up 1% during July. All this leads...
...years since Los Angeles' Watts riots, which caused about $40 million in insured damage, rates for property coverage in the area have at least doubled; some 1,000 ghetto merchants have complained that they cannot get insurance at all. Watts now has only two major retail stores, one of them a new White Front Inc. department store with fortress-like slits instead of display windows, especially designed to thwart brick throwers. To meet the Los Angeles situation, 108 California insurance companies have formed a $15 million, assigned-risk "Watts pool" that has insured more than 500 merchants against fire...
Following that lead, other manufacturers are cutting prices on their 1968 models. Motorola has slashed its suggested retail price for a 20-in. table model from $429 to $329 and has introduced a transistorized set for $599, which is some $ 100 below its original estimate. RCA, the largest of the color TV producers with 30% of the market, marked down the original price tags on its new line by $20 to $30, in June, while Zenith broadened its line to include a smaller, less expensive set. G.E., too, is now pushing a "personal portable" table model...
...average 25 Ibs. each per year, they are the world's most dedicated candy eaters. Hence the excitement last week after a decree handed down at London's Queen's Bench Court. There, concluding 43 days of hearings on the question of continued fixed retail prices in the candy industry, a panel of bewigged judges decided that they should be unfixed. Britain's five major candymakers-George Bassett & Co. Ltd., Cadbury Brothers Ltd., J.S. Fry & Sons Ltd., John Mackintosh & Sons Ltd., and Rowntree & Co. Ltd.-were ordered to end resale price maintenance. Hardly was the sense...
Last week a "truth-in-lending" bill, aimed at unmasking such retail usury, zipped through the Senate with little discussion and no opposition. The vote: 92 to 0. The measure, based largely on legislation originally drafted in 1959 by former Democratic Senator Paul Douglas of Illinois, would force retailers and lenders to state explicitly both the effective interest rate and the cost of credit in dollars...