Word: retailing
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Dates: during 1990-1999
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Tower Records, a monster in the music retail industry, opened a new branch on Mt. Auburn St. this weekend. The new store, which is housed in the two-story building adjacent to Crimson Travel, is now the largest music shop in the Square...
Most metal bands still must rely on concerts and word of mouth to sell records. "It's a cultlike audience," says Geoff Mayfield, director of retail research for Billboard. "A record like Metallica can sell without airplay and without MTV. So there is a voracious appetite...
...prickly about the issue, contend that the high charges help pay for the many services offered with credit cards, including 24-hour help lines and travel insurance. What banks pay to borrow money accounts for only one-third of their credit-card costs, according to Philip Corwin, director of retail banking at the American Bankers Association. If a bank is charging 18%, says Corwin, about 15 percentage points go toward covering costs; the rest is profit...
...diverse financial services sector Retail Brokerage and Venture capital play a significant role. Investment Banking is not limited to these areas; there are many functions banks perform, and they vary from firm to firm, and country to country...
There is soft-core software as well. The most successful by far is the Leisure Suit Larry series, expected to take in $20 million to $25 million at retail this year. Larry, a bumbling nerd of a hero, bounces from one sexual escapade to another with well-endowed females bearing names like Tawni, Bambi and Passionate Patti. The sex itself, however, happens under blankets or behind CENSORED signs...