Word: retailing
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Dates: during 1960-1969
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...same month last year. All those cars sent up demand for gas and oil, buoying the shares of Texaco, Jersey Standard and California Standard. The other significant gainers in the Dow-Jones have been Du Pont, International Harvester and Sears, Roebuck-the latter lifted by the upswing in retail sales since...
...Lowry, executive secretary of the Federal Statistics Users' Conference: "Considering that drugstores now sell pots and pans and that supermarkets sell clothes and fertilizer, the figures on department store sales really don't tell very much." Much more meaningful as an indicator is the overall figure for retail sales, which has been showing gains that are steady-but less spectacular than those of department store sales...
...original Hart, Schaffner and Marx are long gone, but their publicly owned firm under President John D. Gray now does a $107 million manufacturing and retail business, has 101 stores in 43 cities, including Wallachs in Manhattan, Baskin in Chicago, and Stevens in New Orleans. Smaller Hickey-Freeman is still a private family firm, run by President Walter B. D. Hickey (son of Jeremiah) and Vice President Albert Freeman (nephew of Jacob...
...problem has been too little production, too many gasoline wars. As old wells thinned out and not enough new ones were brought in to replace them, the company was forced to turn to competitors for two-thirds of the supplies for its gas stations. At the retail level, Pure also had to cut oil and gas prices to match competitors...
Looking over the new statistics on retail sales, up a handsome 1.5% during May, Commerce Secretary Luther Hodges said that the cut "is beginning to take effect pretty well." There was a distinct shift in mood among the nation's storekeepers, many of whom had not seen much change at the cash registers in the first few weeks after the reduction. Said James Bliss, counsel for the National Retail Merchants Association: "All of a sudden, merchants seem to be unified in the belief that the extra dol lars are finding their way into stores all down the line...