Word: retailing
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Dates: during 1950-1959
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...LABOR POLICY will broaden power of National Labor Relations Board to handle disputes in smaller firms. In past, board heard only cases that had big effect on commerce; in future, it will also hear cases of retail firms with sales as small as $500,000, other firms with sales...
...sales front there was more reason to cheer. Buick added up 37,429 retail sales in the first ten days of display, with production lagging a month behind 60,000 new orders. It was the fastest start ever for Buick. Cadillac also reported much higher sales and orders than a year ago. Pontiac hopes to boost its 5% share of the market by offering the widest wheelbase in the G.M. line and probably in the whole industry. This means Pontiac '59s will be roomier inside, easier to control than the '58s, hold the road better. Pontiac broadened...
...minutes to $9.95 for 60 minutes. Player sets for the cartridge tapes will come out later because producers, such as Motorola, insisted that RCA first put out enough tapes to make a market. RCA's own magazine-tape playing system will come out by Christmas, retail...
...other hand, jobs are steadily opening up in new industries such as electronics. In addition, the rise in productivity will accelerate the shift of workers out of industry and into retail, wholesale and service jobs, the job categories that held up best during the recession. Administration economists fear that these shifts and disruptions in the labor force will take some time to balance out because workers are understandably reluctant to go into new towns or new industries to find jobs. Historically, sharp increases in productivity have always created tough periods of adjustment. Yet more production for the same amount...
...district last week hurried 2,795 out-of-town buyers, biggest number ever for a September week, all clamoring for quick delivery of new orders. Shelves were bare back home because the buyers had ordered cautiously last June (TIME, June 30), and the late summer surge cleaned out stocks. Retailers believe the pickup will grow stronger in the fourth quarter. The National Retail Merchants Association polled 225 members with total yearly sales of more than $2.5 billion, found that 52% expect second-half sales to rise an average of 4% over the year-ago level, while 80% expect profits...