Word: retailing
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Dates: during 1950-1959
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...spring, there is usually an upsurge in business. But last week, after two months of softening prices and sliding retail sales, businessmen were still waiting for the upturn. The whole economy seemed poised on such hairspring scales that businessmen took courage, or fright, from every vagrant sign. The stock market was a perfect example...
...Albuquerque last week, Maytag distributors sold four carloads of home freezers, about 25% more than they normally sell in a whole year. Reason for the jump: the distributors offered guarantees to provide frozen foods at "wholesale" prices, i.e., what supermarkets pay-anywhere from 20% to 30% below retail prices...
California has 118 in operation, and in San Francisco home freezers have squeezed out TV sets as the No. i seller in home appliances. In Los Angeles, Sears, Roebuck is selling its Coldspot freezers along with arrangements to stock them with food at 25% below retail prices; the Bank of America is financing the Sears food plan on six-month loans. Big Amana Refrigeration, Inc. (TIME, Jan. 16, 1950), which makes freezers for Maytag, got a head start on the freezer boom because one of its distributors, John Bess, pioneered one of the biggest food plans in the East. Through...
Frenchmen like Pinay because he boldly attacked the problem that troubled them most: high retail prices. In his four weeks in office, butter prices had fallen from 880 to 760 francs per kilo; milk and cheese were down 15%. Pinay had worked no miracles (meat prices are still rising). As a right-wing businessman, he had merely consulted the men he knows best: France's business leaders. He persuaded department-store owners to back a price reduction campaign. He called it "Save the Franc." Some cynical shoppers thought the price cuts were more apparent than real; still, they were...
...Food. No matter who wins out in toothpaste, chlorophyll is already providing a bonanza for many other industries. Retail counters are full of chlorophyll products that promise to banish halitosis and B.O. and help heal cuts. On the market are twenty-nine different brands of deodorizing lozenges and tablets, seven brands of chewing gum, four brands of mouthwash, one chlorophyll-impregnated toilet paper, and a cigarette with chlorophyll to take away a smoker's "bad breath" even while he is smoking...