Word: retailing
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Dates: during 1990-1999
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...factory orders, construction outlays, business profits, you name it; figures released last week showed them all marching ahead. Even the few contrary reports needed qualification. New- home sales dropped a bit in October from a blistering September pace, but sales of used homes hit a 14-year high. November retail-sales gains were only so-so, which might be a bad omen for the all important Christmas season. But simultaneously, consumer confidence, as measured by the Conference Board, a business-research group, jumped 11 points in November to an index number of 72.2, still relatively low but the highest since...
...survived psychology. But it amounts to the same thing: a feeling that the recession is far enough in the past that the threat to people who have hung onto their jobs is over; they can unzip their wallets. Richard Outcalt, president of Seattle-based Outcalt & Johnson Retail Strategists, puts it simply: "There's strong evidence now that the gloom and doom is dead. It just got boring." In New York City, Nancy Few-Smith, a former vice president of New York Telephone who describes herself as a part-time travel agent and "professional shopper," declares, "I'm fed up with...
...Because of the location of the building, we had to get into retail food," Feldman explains...
...first Feldman says the shop was a small storefront in Somerville with no retail operation and no tables and chairs, but as the cakes became more popular he decided to expand the business and move to Cambridge...
This emphasis on retail caused Feldman to reduce the delivery aspect of his business, which is now almost nonexistent. Customers must stop in to pick up Feldman's creations. (Perhaps this is best: a misdelivery could prove very embarrassing for all concerned...