Word: retailing
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Dates: during 1950-1959
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Congratulations on your fine article, "Death of the Salesmen" [TIME, Jan. 25], one of the finest I have read on the subject. If enough salesmen read [it] and take it to heart, it could most certainly change the retail sales picture...
...dispute, which originated in Los Angeles, has now spread east to Boston and New York City. Columbia, which cut prices first, offers customers a second record at half price, with each purchase of a record at half price, with each purchase of a record at the regular retail price. In effect this is equivalent to a 25 percent discount. RCA struck back by cutting prices on all long-playing RCA Victor records by 30 percent...
When the price war ends, it is expected that retail prices will rise. The 12-inch RCA record, which normally sells for $5.72 and has sold for $3.54 and $3.99 during the price war, will probably go up either...
...Promise. In Nashville, Retail Liquor Distributor Howard Johnson asked state authorities to register his five-year-old whisky: "Old Something...
...economy last week provided some fuel for both the sliders and the saucerites. Sliders, for instance, could point at a Commerce Department report that showed unemployment up 510,000 in January, to 2,300,000. The seasonal letup in building activity and post-Christmas layoffs in retail stores accounted for most of the drop, but total employment slipped to 59.8 million, below 60 million for the first time since March...