Word: retailing
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Dates: during 1950-1959
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...controlling credit, raw materials and retail prices, the government still plans to keep a firm grip on the country's economy: its concessions are more from necessity than from any coherent new economic philosophy...
Oregon's State Unemployment Compensation Commission reported that one-third of the Douglas fir raw-lumber mills are closed, and more lumbermen are idle than at any time in three years. The mills' inventories are more than double their orders, and retail yards are buying from hand to mouth. Lumbermen are banking on a third-quarter rise. They figure money will loosen by summer, free funds for building more houses...
Commodity market prices often forecast retail prices six to nine months in advance, since it usually takes that long for the rise or fall in wholesale prices to be passed on. Last week the commodity markets showed a distinct downtrend. Copper, at a 90-year peak of 46 a lb. only last March, slumped to 34?, was expected to drop still further. No. 2 copper scrap, also a March record-breaker when it hit 45.5?, fell 20? to the lowest price in some two years as copper production outpaced demand...
Harold D. Hodgkinson, managing director of Filene's Department Store, will give the first Tobe Lecture on retail distribution this afternoon at 3:40 p.m. in Baker 101. The lectures will be published in a text for use at business schools and colleges...
DIAMOND SHORTAGE is bringing price boost by South Africa's monopolistic De Beers syndicate. Retail diamond jewelry prices will rise about 10% this year, following 5% hike in 1956, and industrial diamonds will go even higher. Demand is outstripping supply largely because U.S., which buys two-thirds of world's diamonds, last year imported peak $159 million worth of gem diamonds...