Word: retailing
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Dates: during 1950-1959
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...fury over Tiffany's admission that, as a last resort, he would favor the use of federal troops to enforce integration. ¶ The Senate passed by voice vote, and sent to the House, a bill requiring automobile dealers to display on new cars the manufacturer's suggested retail price, the cost of each accessory and a total delivery price. Bill's aim: to eliminate the price pack, a device used by some dealers to raise the total price on new cars to balance off generous trade-in allowances on old models...
Before the Senate labor-management investigating committee, the Great Atlantic & Pacific Tea Co.'s top labor expert, Charles A. Schimmat, last week reluctantly told a small and ugly story. In 1952, when the C.I.O. Retail, Wholesale and Department Store Union was signing up New York area supermarket employees in a successful drive for a 40-hour work week,* Schimmat cooked up a plan for keeping 16,000 clerks in 700 A. & P. stores working on the same old 45-hour week...
...biggest drop in those collecting unemployment compensation, with a dip of 66,900 to a total of 3,265,700. Part of the drop was due to a seasonal pickup in outdoor workers, yet initial jobless claims for the week also turned down by 19,800. ¶Retail sales rose in April to $16.1 billion, 2% better than March. Most important, durable goods registered a gain for the first time this year, while housing, slowed by a cold winter and a wet spring, was picking up speed rapidly. April housing jumped to an annual rate...
...price pack" which pads the cost of new cars with phony charges, the auto industry last week got some help from the Senate Commerce Committee. It voted to require manufacturers to stick a "suggested" retail price on each car delivered. Sponsored by Senators "Mike" Monroney and Strom Thurmond, the bill also requires automakers to list suggested prices for optional equipment and accessories, calls for fines of $1,000 on each untagged car, $1,000 for each misleading label. The bill, backed by Ford and General Motors, must now clear the full Senate and the House before...
Many of the cars were scooped up by dealers anxious to cash in on the sudden rise in the popularity of small foreign cars, whose chromeless lines are a far cry from Detroit's behemoths. But retail sales also zipped along at supermarket speed. Jaguar sold its entire yearly production of 2,100 of its new XK 150 ($5,000) and the six-month production of its Mark VIII sedan, decided on the spot that it will be able to sell 12,000 cars in the U.S. next year instead of the projected 7,500. West Germany...