Word: retailing
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Dates: during 1950-1959
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...Retailers, who gloomily saw sales slump a month ago, last week had plenty to cheer about. A last-minute burst of holiday shopping wiped out losses of early December. Last week's sales, said the Federal Reserve Board, were so "extraordinarily good" that they boosted December's retail total to 1% or 2% above the 1956 record...
...timed. Heaped on the million people who normally crowd in daily on New York City's crammed acres were thousands of hot-eyed Christmas shoppers. The press and pandemonium were too much for many of the hardiest; on the second day, thousands of workers and shoppers stayed away. Retailers moaned over million-dollar-a-day losses in sales. Newspapers lost hundreds of thousands of dollars in pages of retail advertising. Macy's talked to Gimbels. Macy's President Jack Straus and Gimbels' President Bernard Gimbel conferred with Mayor Robert Wagner, posed for pictures as they rode...
FAST-MOVING VOLKSWAGEN, which accounted for more than $75 million of the $175 million foreign-car sales in U.S. last year, now faces Government roadblock. In antitrust suit, Justice Department charged that major U.S. distributor, Volkswagen of America, fixed wholesale and retail prices, eliminated competition among its own 14 distributors and 350 dealers by giving them exclusive sales territories, forced dealers to sell only to buyers living in their sales areas...
Businessmen looking for clues to 1958 prospects closely watched pre-Christmas retail and auto sales. Both were encouraging. On the day after Thanksgiving, sales at Manhattan's Gimbel Bros, jumped nearly 8% above the post-Thanksgiving day last year. Chicago's State Street was so jammed with shoppers that the downtown police detail was doubled to 100 to control the crowd. In downtown Atlanta, retailers said sales were well ahead of last year. Los Angeles stores reported "very good" business...
Socialist ministers threatened to pull out of the coalition Cabinet charging the government was victimizing the workers. They were up in arms over Gaillard's austerity plan to slash food subsidies and thus send up retail prices. The Premier put the plan forward in a move to save 90 billion francs (214 million dollars) for the government...