Word: retailing
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Dates: during 1940-1949
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...demand for almost everything was still enormous (retail trade was 22-26% higher last week than a year ago). But in many lines, notably soft goods, it was slackening faster than anticipated...
Today, Textron is integrated from raw yarn to finished product; it covers the field of house furnishings and clothing, employs its own designers, chooses its own retail outlets. And Little talks about a $100 million gross next year...
...industrial workers had long since been corralled by the C.I.O.'s big industrial unions, but there were still plenty of unbranded mavericks on the range. James Hoffa, chief of Michigan's 13,000 A.F.L. teamsters, prepared a new corral: a local of the teamsters' subsidiary Retail Clerks' Union. Then, walking softly, he set out to round up a herd whose grazing habits he had been studying all during the war-Detroit's 6,400 small, independent grocers, meat dealers and their clerks...
...this first spring of the new peace, with millions of soldiers back home to dress for, U.S. women were indeed spending with the grand air of drunken sailors. Result: U.S. retail sales were up a whopping 50% over 1945, appeared headed last week for a record Easter total of $1.5 billion in women's clothing alone...
...most of Spiegel's new hormones were self-generated in a razzle-dazzle retail expansion program. Last week Spiegel topped it off by buying ]. & R. Motor Supply Co., operator of a Midwest chain of 55 stores selling auto parts, radios, work clothes, general hardware. Reported price: about $2 million...