Word: retailing
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Dates: during 1950-1959
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Supply & Demand. The fall in retail and wholesale meat prices under the "glut" of cattle on the market caught the headlines. Actually, retail prices were just catching up with the wholesale drop that started four months ago. In fact, meatmen thought that the glut was due chiefly to the fact that retail prices had not reflected the wholesale drop quickly enough, thus meat piled up that would have been consumed in the ordinary working of supply & demand. Normally, a 10% drop in the retail price of meat boosts consumption about the same amount. So far, retail prices have fallen only...
...growing cocoa," say the easy-going Gold Coasters. Their job is to cut the pods and lay the blue-green beans out to ferment and dry in the midday sun. The retail trade is handled by the "mammy-traders"-fat old market women, usually illiterate but smart enough to own and operate fleets of heavy trucks. Day & night, the "mammy-trucks" thunder down to the sprawling shantytown ports where fishermen put to sea in dugout canoes. The trucks bear striking legends: "The Lord Is My Shepherd-I Don't Know Why"; "Accra to Takoradi-With God's Help...
...result of the refusal the smoker will lose over $199 this year and every year from now on by being forced to purchase beer at the retail price...
...Christmas rush. But last week they reported that the New Year's business had started off much bigger than they had dared expect. In some places (e.g., Detroit, Houston), stores reported sales running 15% to 23% higher than a year ago; for the U.S. as a whole, retail dollar volume...
...were the bargains confined to soft goods. With Kentucky warehouses jammed with straight bourbons, National Distillers cut its prices of Old Grand-Dad and Old Taylor $6.25 a case (probable retail cut: 76? a fifth). Retail meat prices finally reflected some of the drops in livestock prices which had fallen 20% since August. In big ads in Chicago and New York, A & P compared last year's retail prices with 1953's (e.g., $1.08 for sirloin steak in New York v. 89? now, $1.15 for rib lamb chops v. 75? now and 90? for boneless chuck...