Word: retailing
(lookup in dictionary)
(lookup stats)
Dates: during 1950-1959
Sort By: most recent first
(reverse)
Merchants, still plagued by heavy inventories, were also cutting retail prices to move goods faster. The move paid off: sales rose a bit higher than the same time last year, when war-scare buying was at a peak. Retail food prices were still edging up. This week, the Bureau of Labor Statistics reported that retail food prices went up ½ of 1 % in the last half of June, pushing the food-price index 12% above the pre-Korean level. But there were surpluses-and probably lower prices-ahead. Farm planting, said the Agriculture Department, is at the highest level since...
Under the Counter. To fight the clubs, many retailers shoved the regular trade editions of book club selections under the counter, refused to recommend them to their customers. Others, like Manhattan's big Brentano's bookstore, signed up clerks as Book-of-the-Month Club members, then peddled their books to customers at regular retail prices...
...there were 60 book clubs in the U.S., with a $100 million income, about 30% of all U.S. book sales. With 2.5 million members on their rolls, the clubs say that they have created a brand-new reading public. Says Book-of-the-Month's Scherman: "The retail bookstore-as a method of distribution in the U.S.-does not begin to do a thorough job." The clubs depend on the nation's 41,000 post offices for distribution, mail most of their books to towns under 100,000, which have few bookstores. Many a publisher reckons that book...
Before the Senate Finance Committee last week appeared Cincinnati's John F. Lebor, representing some 1,000,000 members of the American Retail Federation and the Retail Industry Committee. His group had once opposed a national retail sales tax because they thought it would hurt their business. But now, Lebor told the committee, which is considering the pending tax bill (TIME, June 25), retailers want Congress to pass a retail sales tax. They think it would hurt them-and the rest of business-less than the sky-high corporate and individual rates in the pending bill. The new rates...
...Expert M. L. Seidman of the New York Board of Trade put that organization on record for a retail sales tax. Such a broad and uniform tax, said Seidman, would merely restore some balance to the U.S. tax system, now top-heavy with individual and corporate income taxes, which have shot up much faster than excise taxes. Under the proposed new bill, said he, direct income taxes taken altogether would constitute "83% of net budgeted receipts compared with 78% last year and 50% in 1939 . . . Under this new 'fair deal' ... a man reaches the zenith of his financial...