Word: retailing
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Dates: during 1950-1959
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...white-smocked women who push ice-cream carts in the parks and squares of Moscow are state employees. The peasants who peddle produce in open-market stands work for collective farms. In theory, all the service and retail trades in Russia are nationalized. But in fact, to judge by the most recent hue and cry in the Moscow press, the entrepreneur in human nature is never dead, and a moral smog hangs over Russia. In the world's most advanced socialist state, private enterprise, profiteering, and just plain payoffs seem to be bursting out all over...
Merchandising. Charles H. Kellstadt, president of Sears, Roebuck, expects that consumer durables, including autos, will rise 8% to 10% over 1959. Soft goods will rise 5%. Kellstadt said that a year ago he predicted this fall's retail business would be 5% better than last year. It turned out 7% better, so Sears is upping its own sights on sales growth next spring from 5% to 7% over...
...Retail Food. Food will continue to be "at least as great a bargain" through the first half of 1960, as it was during this year, said Franklin J. Lunding, chairman of the Jewel...
...million a year if physicians would use scientific instead of brand names in prescriptions. This year Premo sold the Government prednisone tablets at $20.01 per thousand, while Merck & Co. offered to supply them to the Government at $63.70 per thousand and sold them to druggists at $179, for a retail price...
...Christmas toy buying started with a rush last week, retailers predicted that 1959 will be the most successful year in the history of the U.S. toy industry. Total retail sales will reach $1,650,000,000, an 18% increase over 1958. Not only are toymakers selling more, but the big overall trend this year is toward higher prices for more elaborate and ingenious toys. Said a salesman at Dallas' Sanger Bros.: "An $8 toy isn't considered expensive at all any more...