Word: retailing
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Dates: during 1940-1949
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When the Office of Price Administration puts up the ceiling laths and covers them with plaster, something will follow that has never before happened in U.S. history. All upward price movements, retail and wholesale, will halt. Price tags on the nation's shelves, of pillow slips and Paris green, of cosmetics and traveling cranes, will read no higher fort the duration...
...Because frenzied buying had driven prices out of bounds, OPA slapped a "quick freeze" retail price ceiling on washers, ironers, radios, phonographs, stoves, typewriters...
...production in the Eastern States-and thus get more oil where it is needed most-OPA lifted Pennsylvania grade crude-oil prices 25? a bbl. (about 10%). To offset higher transportation costs (by rail instead of tanker), OPA also approved a ½?-a-gallon boost in Atlantic coast retail gasoline prices (except in Florida and Georgia...
Hoarding last week stirred up Women's Wear Daily, which is to department stores what Variety is to the amusement industry. Earl W. Elhart, editor of its retail executive page, got mad enough to bite the hand that feeds him, and bite it hard...
...manufacturer, of course, calls his "pet retail accounts" to tell them about the approaching curtailment, "of course" adds that if the buyer is smart he will immediately knock down the merchandise manager or the boss if necessary, and get some extra folding money to put into inventories. Then, after more "secret" Washington powwows, the proposed restrictions "become known to even the obscure assistant buyer of The Big Store of Podunk" and manufacturers find themselves "forced into annoying and exasperating off-season production" (e.g., women's fall coat production in January and February was 30% above a year...