Word: retailing
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Dates: during 1950-1959
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Slowly the brakes of the U.S. Government's standard model deflationary program (for export only) began to grind and squeal. By April, skyrocketing retail prices began to descend. Currency in circulation dropped from a 75 billion won high in January to a May 19 figure of 57.7 billion. Government departments and government-run factories trimmed down to economy size to fit the new budget...
According to the Organizer of the Retail Pharmacists' Guild, A.F.L., Richard Stack, unless the company stops its "deliberately obstinate policy" toward his union, he will put paid pickets consisting of truckers and longshoremen on the store within the next week...
...California and the six other big oil companies operating on the West Coast.* Charging monopoly and price-fixing, the department filed an antitrust suit to force the companies to: 1) end their exclusive-dealer contracts with independent service stations; 2) divorce their producing activities from their wholesale and retail outlets; and 3) dissolve their conservation committee, which has set production quotas for California's oil industry...
...bottlers add water, sugar and carbon dioxide according to a specific formula, and take care of their own selling-also according to a specific formula. With a few exceptions, Coca-Cola owns no bottling plants or retail stores, leaves the profit from these operations to be made by others. In all countries where it is bottled, Coca-Cola stimulates local industry; virtually all the coolers, bottles, cases, uniforms and advertising material used in foreign countries are made outside...
Decontrol of restaurant prices was part of a general tendency to lift price control on food. Last month, when fish in retail stores was decontrolled and fish prices zoomed, housewives refused to buy until fishmongers stopped gouging. Grocers, pleading that last year's drought had made vegetables scarce, put their prices up, and housewives stuck to meat & potatoes, turned away from cauliflower at 2/6, cabbage at a shilling a pound...