Word: retailing
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Dates: during 1960-1969
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...Angeles' splendid new Music Center, 1,500 members of the Retail Clerks Union sat in red-plush comfort beneath crystal chandeliers. Before getting down to the business of a union meeting, they heard a concert climaxed by a specialized composition called The Shopping Center Blues. They chuckled appreciatively when Local Leader Joe Silva explained that his hoarseness was caused by "executive flu " De Silva noted that a minority of the Music Center's board had protested that a union meeting was not the sort of "cultural" activity for which the $32.2 million center (including $25,000 contributed...
...lower, supplied it with nylon material from his German mills. Last year he began sending tens of thousands of men's dress shirts to West German shops at prices ranging from $1.50 to $2, less than half the price that other shirtmakers asked. In the resulting price war, retail shirt prices fell as low as $1 and dozens of smaller competitors went out of business. Schulte has collared a quarter of West Germany's $200 million shirt market...
...vases for $1,000, crystal chandeliers for $300 a pair and bronze sculptures for $1,200 apiece; another offers homemade relishes and jams, chi na eggs, wooden jigsaw puzzles and stuffed animals. Both are florists. The wide variety of their merchandise illustrates how the nation's 22,000 retail florists are branching out. Last week the 11,600-member Florist Telegraph Delivery Association (which is changing its name to Florist Transworld Delivery to give itself a more international image) voted at its convention in San Francisco to permit its members to sell by wire just about anything they want...
...challenge by offering a wider range of accessories, diversifying into such gift items as statuary, ceramics, candy and perfume. In Dallas, Florist Harry Bullard stocks a large inventory of antiques, which he rents out for house and garden parties, often winds up selling. Pests & Pools. Easily the fastest-growing retailers in the florist industry are the owners of the nation's 3,500 garden centers, which have upped their sales by more than 30% in the last seven years, today account for better than a third of total industry sales. Manhattan's Goldfarb Flower Shops, Inc., the biggest...
...manist Efim Manevich made an even more daring proposal in the journal Problems of Economics. He suggested the introduction of unemployment compensation, a relic of capitalism that Stalin abolished 35 years ago. Manevich went on to urge another capitalist-toned remedy. Pointing out that the U.S.S.R. has far fewer retail-sales employees than the U.S.-he figures the number at 16 per 1,000 inhabitants v. 76 per 1,000 for the U.S. -he suggested that increasing service at the counter would not only provide jobs but would also satisfy the growing consumer demands for better service...