Word: retailing
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Dates: during 1940-1949
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...retail price ceiling was not in sight. Wholesale prices (including farm products) pushed up for the fourth successive week. The Agriculture Department took back a previous prediction that food prices might ease off toward the end of the year. Some basics were on the rise; during the week the average price of metal and metal products lifted 4%. Cement companies advanced prices. Diesel locomotives would cost 6% more. Chrysler Corp. added an average of $87 to the price of its passenger cars (thus leaving Ford and Studebaker as the only major car manufacturers who have held the price line since...
Million-Dollar Baby. Gimbels reported that Baby Sparkle Plenty, a doll version of one of Chester Gould's comic-strip improbables, was smashing all sales records. Sales reached 15,100 (at $6 per head) in the first ten days, were expected to exceed $1,000,000 in retail value by Christmas. "Simply phenomenal," said the doll's proud parent, the Ideal Novelty & Toy Co., Inc. "It appears that sales of this one doll in the five remaining months of the year will exceed the output of the entire doll industry for any year in the past two decades...
...Retail coal dealers showed no such caution. Many of them boosted prices far more than the increases which, in fact, they had not yet received. Nevertheless, many businessmen began to feel that inflationary fears were largely unfounded...
First Ripple. Standard Brands raised wholesale prices 12? a lb. Then Thomas J. Lipton, Inc., which sells about 25% of all U.S. tea, quickly followed suit. A. & P., which had upped its retail prices 5? a lb. last month, prepared further hikes...
Though tea will now cost 64? to $1.15 a lb. retail, the prices are a far cry from the $4 to $15 a lb. it brought in 1660, when it was first offered by London's Thomas Garway, a coffee-house proprietor. He plugged it as "good against crudities, strengthening the weakness of the Ventricle or Stomack, causing good Appetite and Digestion, and particularly for Men of a corpulent Body and such as are great eaters of Flesh...