Word: retailing
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Dates: during 1960-1969
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...CLOTHING PRICES will rise as much as $4 at retail next fall as a result of a 2½% hourly wage rise won by 125,000 Amalgamated Clothing Workers in 25 states...
...cane-sugar-producing states, the Philippines and Puerto Rico. The lobby argues that the consumer, although paying for the quota system, has benefited from it through price stability. Over the past ten years sugar prices have risen less than the general rise in consumer food prices. The U.S. retail price of 11.5? per Ib. is about 5? per Ib. below the median price in 121 other nations around the world. Says a top Agriculture Department expert: "We have managed our protection system in such a way as to pass on the benefit to all parties concerned. It has worked...
...suits has topped all other suit fabrics in the U.S. each year without exception. But last week fabled flannel was on the way out. In 1960 worsteds will be the most popular fabric for youthful suits, followed by hopsackings, with flannel toppling to third place, according to a retail buyers' survey made by the Boys' Apparel Buyers' Association and the Clothing Manufacturers Association of the U.S.A...
...most businesses in Atlanta last week, forced many department stores to postpone sales. Sighed one auto dealer: "A man has to be pretty desperate to shovel his way into a dealer's showroom." Another factor: Easter will fall three weeks later this year than in 1959, postponing much retail buying. Sears, Roebuck President Charles Kellstadt said Sears is having an unimpressive first quarter, but he still expects sales in 1960 to be as good as last year. Said he: "We'll have to wait a while to see whether there's been an underlying change...
Savings were expected to average 50%. Sample differences in wholesale prices: Dexedrine, $2.65 per 100 v. dextroamphetamine, 44?; Rubramin, $3.33 per 100 v. vitamin B12, $1.85; Pentids, $1.27 for twelve tablets v. buffered penicillin G, $2.75 per 100. Retail prices would be in about the same proportion. All drugs sold by chemical name must meet the same Government standards of purity and potency as brand-named items. Connecticut was banking on an annual saving of at least $250,000, and Dr. Harold Pierce, the welfare department's medical director, thought the savings might run to $500,000. "This," said...