Word: retailers
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Dates: during 1970-1979
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...that happens, the nation's economic recovery will get a much-needed lift. Where previous recoveries have been led by upturns in housing and autos, this one is being paced by over-the-counter sales of everything from high-fashion dresses to pocket calculators. Retail sales have been generally rising since late spring. Last week several major retailers reported third-quarter sales gains over the 1974 period: J.C. Penney Co. was up 8.4%, to $1.9 billion; Allied...
...categorized, it works. In the past seven years, Bloomingdale's Manhattan store alone has increased sales by more than 50%, to about $160 million, v. the same for Macy's Herald Square store (with twice the selling space) and $85 million for Gimbel's 33rd Street store. By the retail accountant's measurement, Bloomingdale's gets $350 of sales this year out of each square foot of floor space?about four times the average for all U.S. department stores. Profits are not reported separately, but Federated has consistently kept as after-tax profit about 3.60 of each sales dollar...
...temporarily, by federal order. Last week a House-Senate conference committee approved-and the Ford Administration seemed about to accept-a comprehensive energy bill that would force an immediate 12% rollback in the price of U.S.-produced oil. That, committee members say, would be enough to bring down the retail price of gasoline, which currently averages about 60? per gal., by 3½?. Under the bill, price controls on oil would then be lifted gradually over a period of 40 months, allowing prices to rise once more. But not until late 1977, safely after next year's elections, would...
...Society does more with these books than just sell them in American Opinion bookstores. This month, for instance, Western Islands printed up a hardbound biography of Patrick Henry, pegged its retail price at $10, and then sent the books out free as an incentive for renewing subscriptions to the Society's monthly American Opinion magazine. The Society also sends copies out to local chapters across the country for the chapter library. Gotch showed me boxes of materials, including back issues of publications and reprints of articles, as well as books, which Belmont sends to the chapters. "There's fifty dollars...
...Coop agreed to the new policy because of a state law that advertisements cannot use the word "list price" in comparison with another price unless a large number of the area's retail stores sell the item at the "list price," Davis said...