Word: retailing
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Dates: during 1940-1949
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Namm, a past-president of the National Retail Dry Goods Association, claimed that the text gave students a bad economic education, and "psychological fixations which prejudice them against happiness in their work...
...this year the demand for cars is still near the top. After a consumer survey, the Federal Reserve Board predicted that there would be peak auto sales at least until the middle of 1950. One reason is that more people can afford autos than prewar. Explained FRB: while the retail price of the three leading lowest-priced cars went up an average of 65% between 1941 and early 1949, U.S. family income increased more than 100% (from $1,500 to $3,100) in the same period. On top of that, said FRB, some 20 million out of the 27 million...
Both Harvard and Central Square shopping districts are heeding Horace Greeley's advice "Go West" in a current campaign for new retail markets...
Fuller Shelves. Many retailers had already cleaned up their inventories too thoroughly. Last week they were busily restocking. After ten months of successive decline, U.S. retail inventories had jumped a tidy $500 million in September. There was still a tremendous amount of pent-up buying power. Disposable income had risen 4.8% in 1949's first half over the same period last year, to an annual rate of $194.6 billion, and personal savings had almost doubled...
This committee would help students who thought they had been bilked to prepare Small Claims Court actions, and it often conducted investigations of its own to make sure that the unsuspecting purchaser got a square deal at retail or repair establishments...