Word: retailing
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Dates: during 1950-1959
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...increase, and 2) argue that it would not necessarily lead to a general increase. Since early 1951, steel prices have gone up 23% but the general price index has declined 5.6%, partly be cause of lower food costs and partly be cause of improved manufacturing meth ods which cut retail price tags. Said Moreell: "We have had a stable price level for the past two years ... Of it self, the wage settlement was neither inflationary nor deflationary. Improvements in methods may very well overbalance the costs of the wage increase. We call it improvement in production procedure . . . I happen...
...President Louis de B. Moore, who with the Tiffany family and others claims to own more than 55,000 shares, flatly refused, and got ready for a proxy fight. Faced with a battle, Challenger Maidman last week changed his tune, started talking about selling his stock to a retail organization that would try to take over Tiffany...
...Safeway Stores Inc., the Justice Department assigned five antitrust investigators to look into the chain's operations. The outcome: a federal grand jury in Fort Worth last week charged that Safeway's price cuts (10 Ib. bag of sugar: 69?) were an attempt to monopolize the retail grocery business in Texas and New Mexico cities...
...items in Texas than it does elsewhere in the U.S. The indictment also charged that Safeway, with 150 stores in 90 Texas and New Mexico cities (1954 gross: more than $155 million), made its store managers meet individual sales quotas that represented from 25% to 50% of the total retail grocery business in some areas. Safeway denied any antitrust violations, said its policy is to "meet competitors' prices and not lead them downward." Meanwhile, 157 Abilene area grocers have filed a $166,000 civil suit against Safeway for losses incurred during a price war in which one independent grocer...
Beyond the brewing, Anheuser-Busch faces complicated pricing and distribution problems. The company charges its wholesalers $2.46 per 24-bottle case, yet it makes only 14? profit. The rest of the average $5-per-case retail cost of Budweiser goes for retailers' and wholesalers' markups, steep state and local taxes. To conform with varying local liquor laws, Anheuser-Busch has to use some 600 different labels, packages and bottle caps...