Word: retailing
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Dates: during 1990-1999
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...addition, council members voted to ban commercial parking garages and maintain a previous ordinance which prohibits expansion of retail space...
...suggested that the Internet will rapidly replace the 42,000 shopping centers in the U.S. Several years ago, soothsayers were predicting that catalog sales would cause the demise of shopping centers. But in 1997 catalogs accounted for $81 billion in retail sales--and shopping centers racked up more than $1 trillion. Shopping has always been a sensory experience; people like to touch what they buy. The shopping-center industry thrives and will survive because it provides the best consumer interaction with goods and services. JOHN RIORDAN, President International Council of Shopping Centers New York City...
Buying your book or CD on the net doesn't help your local retailer pay the rent or salaries, and that means less money for employees' groceries and necessities. If local retail stores suffer and some are forced to close, there will be poorer local selection and services. More people will desert local merchants to send their consumer dollars to businesses and shippers who have no interest in or commitment to the buyer or community. GARY JARMAN Corvallis...
Even if e-commerce sales increase an amazing 100% in a year, this type of transaction will still account for only 0.4% of retail sales. Remember the old adage: figures lie and liars figure. JOHN F. CAMPBELL JR. Phoenix, Ariz...
...RETAIL...