Word: retailing
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Dates: during 1940-1949
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Next day, the designers learned about the California price tags, and changed their minds. Ranging from $15 to $79.95 retail, the California clothes could hardly compete with Paris' high-priced originals. As one observer said happily: "This is not competition. It's merely trade." Members of the couturiers' syndicate promptly changed their attitude; Schiaparelli and Jacques Fath threw cocktail parties. A round of dining and lunching followed, highlighted by a Government-sponsored party at the exclusive Club de Lundi. Buyers from Cairo, Lebanon, Switzerland and Sweden, who had been trying to get just such clothes as California...
...team-play; he had also poured cold water on the generous impulse of many a U.S. citizen. Nevertheless, there was a solid nut of truth in what he had said. Trying to save grain by starting with the consumer was like trying to lower prices through such retail price-cutting schemes as the ill-fated Newburyport plan (TIME, May 5). The only sensible place to start saving grain was where it came from-on the nation's farms...
Class of 23. The tradition of the late, famed schooner Bluenose* is perpetuated in a class of pleasure craft designed by William J. Roue and now being built in four Nova Scotia yards. The baby Bluenoses, sloop-rigged, are only 23 ft. overall and retail for about $1,250 in Canada, or $1,500 in the U.S. Bluenose owners have already started an international association to freeze the design of the class, regulate racing and keep alive the name of the original Bluenose...
...make matters worse, everybody along the line was adding on his own estimate of what the traffic would bear, and the pressure was pushing up the retail price of rayon goods. Not until next year, when production will be increased another 155 million Ibs., is the shortage likely to ease...
...form of price-fixing. Prominent in the commission's reports to Congress are the various "fair trade" laws passed by the states to protect small businessmen from undercutting by their larger competitors. New York last week provided a fertile field for the commission's study. Fixing of retail liquor prices, which had been permissible in the State of New York, became mandatory. After Sept. 1, customers would have to pay $6.10 for some brands of whiskey which the week before many stores had sold...