Word: retailing
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Dates: during 1960-1969
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...need of urban renewal and redevelopment." There were other reasons too. By locating a route just East of Central Square (in reality, through the heart of the business district), the highway would bring business to the area and make "possible the rebirth of Central Square in terms of retail and office building development...
...resulting layoffs in metals, electric-equipment and auto companies. The number of construction workers hired (210,000) was 40,000 less than anticipated because of inclement spring weather and delayed building projects. Up by 260,000, on the other hand, were the number of people employed in service industries, retail trade and all levels of government. In all, unemployment during the month hovered at 3.7% of the labor force, and the number of Americans at work in non-farm jobs rose 100,000 to 65,600,000 people on a seasonally adjusted basis. Such is the demand for labor that...
...orders placed with factories rose modestly in March, the Commerce Department reported last week. And manufacturers' inventories showed their smallest gain ($311 million) in almost two years, as rising retail sales eased economists' worry over the "inventory overhang." Says President Robert Williams of Youngstown Sheet & Tube: "Customer stocks of steel have come down pretty well. We have seen the bottom of our operating curve." Says Alcoa President John Harper: "We feel the economy will gather strength. We expect the aluminum industry to grow faster than the economy...
Deescalation. Arguing that all the high-volume advertising and promotion is not only unnecessary but also adds about 25% to the retail price of the products, Britain's regulatory Board of Trade has ordered the two companies to de-escalate. Specifically, the companies were forced to agree to cut out promotion gimmickry and slash prices by 20% on one brand in each of the three major sectors of the suds market: white and blue detergent powders and soap powders. The companies can still market their other brands as they see fit, but the board figures that...
...edge of Blackstone Street, running parallel to the line of pushcart fortifications, is a rickety row of retail meat shops, most of which are open six days a week. So, as you start down the Blackstone sidewalk, there are turnips to the left, genoa salami to the right. The meat shops go in for variety. Capicollo. Mortadella. Proscuttino. Pepperoni. Eight different kinds of salami, including carando milanese and d'annuzio. May we suggest some Bunker Hill Baloney? The butcher men whisper loudly like dark corner procurers. "Hey, buddy, you want some nice chops? How 'bout it? I got some nice...