Word: retailing
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Dates: during 1980-1989
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Despite the renovation, a sense of Manifest Destiny grandeur and industrial heft remains. Diesel locomotives will use the station as well as croissant- eating lawyers. "This isn't a suburban mall," says Benjamin Thompson, the renovation and revitalization architect, based in Cambridge, Mass., who designed the new retail spaces. "This is Washington, D.C. We wanted to maintain Union Station as a transportation center." Until Amtrak service is fully restored, within a year, rail passengers will continue to use a dreary annex built in 1975, when Park Service officials turned the main station into a tourist-information bureau. The National Visitor...
...that it would proceed with further commodity "floats," allowing the markets to set price levels for a majority of products. The result was a wave of panic buying and bank runs the likes of which China had not seen since prerevolutionary days. According to figures released two weeks ago, retail sales nationwide have leaped; they were 40% higher this August than last...
Robert E. Heroux, executive vice president of the Cambridge Chamber of Commerce, says the problem is not limited to Harvard Square alone. "Every retail district in the region has the same situation," he says. "It's the down side of good times." Massachusetts' unemployment rate of about 3 percent is among the lowest in the country...
...fancy scent? Diana Borba, president of Snooty Scents in Houston, offers perfumed shampoo and coat conditioners that smell like popular people fragrances. Rover can use scents that are billed as similar to those of Giorgio, Obsession, Aramis and Polo. Borba advertises twin-packs of shampoo and conditioner, which retail for $9.95 to $12.95, with such lines as "If you like Obsession, your dog will love Snooty Scents...
Since IBM's first personal computers reached retail stores seven years ago, the industry giant and most of its competitors have adhered to a follow-the- leader tradition. IBM's product line has set the basic standards, while the smaller companies -- at least those that were not following Apple Computer's lead -- have manufactured compatible versions offering advantages like greater speed or lower cost. The copycats, though they have snared some of Big Blue's potential sales, have actually helped sustain the company's PC system as the industry standard by expanding the market for IBM-compatible machines and encouraging...