Word: retailing
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Sears has 755 retail stores (and 30 more abuilding) spread through every state, 1,065 catalogue outlets, 24 Simpsons-Sears stores across Canada, and 64 stores in Puerto Rico and Latin America. One U.S. family out of every three shops at Sears; it accounts for 6.2% of U.S. retail sales in the general lines of merchandise carried by the company, and its share of the home-appliance market ranges up to 25% of all the automatic washers and dryers sold in the U.S. Among Sears's 250,000 employees are 500 buyers, each of whom generally enters more orders...
While Sears President Crowdus Baker concentrates on building catalogue sales (26% of total volume) with added outlets and faster deliveries, Cushman is working to strengthen a weakness in Sears's domestic chain: the 13-state Eastern region that generates 40% of all U.S. retail sales. Long dominant in the Midwest, Sears has rebuilt some Eastern stores and opened many new ones, is erecting a mammoth distribution center in Secaucus, N.J., to service them. Meanwhile, capitalizing on its Latin American experience, Sears next year will open stores in Madrid and Barcelona, use Spain as a wedge into the Common Market...
...Come First. Not content with this vast range of retail sales, Sears is working hard to win even more of the consumer dollar. To add to its Allstate Insurance, which is the second largest U.S. auto underwriter and now deals in life insurance too, Sears recently received permission from the Securities and Exchange Commission to set up its own mutual fund. Through subsidiaries-Homart Development, Allstate Enterprises-it also operates two building and loan associations and shopping centers. It runs an automobile club, is experimenting with auto financing, is thinking of going into auto leasing and the small-loan business...
...report was presented in the auditorium of the Old State Department building last Saturday morning, a time carefully chosen to make the Sunday newspapers and because all stock exchanges were closed. It was handled with all the secrecy of a state document, but its tenor had been widely anticipated. Retail sales of pipes, including dainty little bowls for women, had boomed. So had sales of filter cigarette holders. American Tobacco Co. jumped the gun by beginning to market Carlton, a filter cigarette, with its tar and nicotine content-claimed to be well below the average for popular brands-clearly shown...
...trouble is that the bargains usually turn out to be something quite different. That transistor radio not only did not cost $41.50, but can actually be bought at retail for less than $10; though the ads make the blenders out to be a high-quality product, they are inferior models retailing for $12. By taking on names and trappings that made them sound like legitimate liquidators (who often do sell at distress prices), a new breed of mail order firm has made pseudo liquidating one of the nation's most successful selling rackets, condemned by the Federal Trade Commission...