Word: retailing
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Dates: during 1950-1959
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...RETAIL TRADE...
Parking for Women. The new centers, like many of the mammoth suburban shopping areas that have sprung up in the last ten years, are designed to siphon shoppers from an entire region. Mondawmin, for example, is the most convenient retail center for 400,000 people within a 15-minute drive. With huge free parking lots laid out so that cars are never more than a few hundred feet from stores, the decentralized centers spare their customers the fender-bending frustration of wrestling cars through downtown traffic. With an eye out for women drivers, the developers of Seven Corners have even...
Apart from convenience, the new shopping centers have become so big and diversified that they can vie on their own terms with city retail districts. Mondawmin, for example, has one of the first auto agencies to be included in a U.S. shopping center. At Seven Corners and Southdale, as in many of the new centers, two rival department stores face each other across the mall. Nearly all the big new shopping centers are planned so that specialty stores can compete, department by department, with the dominant department store in the same center. Between them, Mondawmin, Southdale and Seven Corners have...
Consumers were buying. The Federal Reserve reported that retail sales of nondurable goods last week jumped 8% higher than last year's levels. And a survey of bankers by the Clothing Manufacturers Association reported that retail sales are expected to keep on climbing in the fourth quarter of 1956 and on through the first six months...
...increase since Prohibition that has not been brought on by higher Government excise taxes. Publicker Industries (Old Hickory, Embassy Club) and Joseph Seagram & Sons (Calvert, Four Roses) have decided to pass on rising production costs with 4% increase at wholesale level, or an average 35? more per fifth at retail. Rest of industry will probably follow suit...