Word: retailing
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Dates: during 1960-1969
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...once," sighed one grower.) But eying the piles of stored potatoes in the barns of Aroostook County, few farmers anticipate a price increase anywhere near that expected by the rampaging bulls. Even if the bulls do win, the Agriculture Department predicts that there will be little immediate effect on retail prices. But by June or July, the department says, the overall U.S. potato supply will probably dwindle enough to raise supermarket prices of potatoes back to year-ago levels of about...
...Smallpox Paper." Standard's success still rests squarely on a half-century-old invention by a Dayton tinkerer named Theodore Schirmer. Watching retail clerks make out sales slips one after another on a hand-cranked device, Schirmer noticed that the carbon copies often slipped out of alignment. He solved the problem by ringing both ends of the machine's rollers with sprockets that engaged holes punched along the margins of the forms and thus held all copies firmly in line...
Since 1947, corporate profits after taxes have slipped from 7.84% of the gross national product to 4.47% last year. The profit squeeze has become particularly acute in the past four years, during which weak consumer demand and Government policy have kept retail prices relatively stable, thus halting the price inflation. But cost inflation, which hits industry through rising labor and overhead costs, has not been stopped. If industry cannot offset higher costs with higher prices. Wall Street sees even slimmer profit margins in the long run. And since stock prices in the end reflect the profit potential of industry, some...
Anything Else. Brooklyn-born Sam Resnick was a jolly, roly-poly man, a prosperous retail jeweler. Through the years he parlayed his Newburgh, N.Y. shop into a chain of ten stores. He did a big business in West Point class rings, had a number of prominent friends (among the pictures on his bedroom wall were an autographed photo of Thomas E. Dewey, others of Averell Harriman and Carmine De Sapio). He lavished affection and money on his frail wife Lillian. (Says she: "I was his queen.") His blue Cadillac bore the license plates "S.L.R." In 1959 Sam developed a heart...
...gross output and income of the entire U.S. In metropolitan areas of more than 1,000,000 population are 44% of all U.S. manufacturing companies, 43% of all their employees, and 48% of the nation's manufacturing payroll; these areas also boast 62% of all the retail stores in the U.S. In providing for its citizens' needs, the big cities are the nation's biggest customers: it takes 800,000 truck trips daily to provide Chicagoans with their food, clothing and other necessities; New Yorkers each year require about 23 billion Ibs. of food-including 2.1 billion...