Word: retailing
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Dates: during 1990-1999
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...driven hard enough to create "whiteout" conditions. Even discounting wind chills -- which is not advised -- temperatures in many places may not break zero today, and are expected to dip again overnight. Across the upper Midwest, the snow is blowing over icy roads, creating treacherous driving conditions. Post offices, retail stores and schools have been forced to close their doors. Alaska, by contrast, is unseasonably warm today, with wind chills in Barrow a mere 10 below. The system will move east into lower Michigan and Ohio by this evening. Residents in Sault Ste. Marie, Michigan, the nation's second-snowiest city...
...bank proposes to demolish two of the four buildings that compose the Read Block and to replace them with small retail and bank offices, according to the project's architect, W. Easley Hammer...
...your life? Say goodbye to the $2.9 billion in Christmas sales racked up by sporting goods and bike shops. Shun the glittering bauble? Jewelry stores sold $4.5 billion worth of glitter last December--more than 23% of their total. No more liquor, candy and the like? With retail stores making anywhere from 25% to 40% of annual profits during the holidays, a wholesale abandonment of gift buying would turn our retail shops into empty shells...
Taking what he calls "the McRub approach," the hyperkinetic Zanker merged the retail concept with the massage-notions business to create a chain that sells fast, convenient--and fully clothed--massages and massage gadgets. Last February Zanker raised $6.2 million in a public offering. Today there are 15 branches in New York City, Chicago and Denver. Forty more branches are set to open mainly through franchises in eight new markets. Says he: "I see it as the Starbucks of the year 2000. We could put one every two to three blocks." Now you know why he's an entrepreneur...
...span is even shorter than the public's, which means that even promising bands don't have a chance to develop followings. "A major label will sign an alternative-rock band and put in six months of invested time," says Wendy Powell, assistant to the senior vice president of retail sales at Tower Records. "Then, if they are not making superstar sales, they stop pushing them, and they become a write...