Word: retailing
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Dates: during 1950-1959
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...truce. Any cuts in defense spending were expected to be slight and gradual, and defense officials estimated that only about $1 billion might be trimmed from the current fiscal year's arms spending. Commodity prices, which hit a low point six weeks ago, have bounced up, indicating higher retail prices ahead. Meat prices have steadily climbed. At Chicago, the wholesale price of cattle has gone up 25%, the price of hogs has also increased. But the biggest increase will come in rents, following the dropping of federal controls this week on 4,200,000 rental units...
Then followed the succession of carefully controlled gestures of easing up: 1) an amnesty, signed by Voroshilov, for short-term prisoners; 2) foreigners held in Soviet prisons on espionage counts were released; 3) retail prices were reduced on 125 categories of consumer goods; 4) the Ministry of Internal Affairs announced that the doctors' plot was a frame-up, freed the doctors who had been unjustly tortured; 5) a year-long purge in Georgia was ended with the appointment of a new Premier and new party secretaries; 6) the Communists in Korea announced that they were ready to make important...
...RETAIL TRADE Boomtowns on the Byways On 70 acres in Yonkers, N.Y. last week, builders were working on a $30 million shopping Center, the biggest in the East. The Cross County Center, seven miles from Manhattan, will contain one of the biggest supermarkets (First National Stores) ever built on the Eastern Seaboard and a $5,500,000 Gimbels' branch, its first in the New York area. The 5,40O-car parking lot will be big enough to handle 25,000 cars...
INDUSTRY Collusion or Costs? When major oil companies raised the price of crude oil 25? a bbl. last month, and retail price increases for gasoline and home-heating oils followed. New Jersey's Republican Charles A. Wolverton, chairman of the House Committee oh Interstate & Foreign Commerce, let out a yell...
...hands catalogued brash, upstart young Earl W. (for William) Muntz as merely another California screwball when he invaded their city and their business four years ago. They knew that "Madman" Muntz's zany advertising, depicting himself as a lunatic in a Napoleon hat ("I buy 'em retail, sell 'em wholesale. More fun that way!") had made him the used-car king of Los Angeles. But they assumed that the tough TV business would soon drive him really crazy...