Word: retailing
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Dates: during 1990-1999
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...Johnson Redbook Service's Retail Indicators recorded a leap of 10.4% in department-, discount- and chain-store sales over last year. The source of the spree became clearer with the release of the New York-based Conference Board's consumer confidence index for December. It showed nearly a 13-point increase, following an 11-point hop the month before. Says Redbook analyst Steve Marotta: "Consumers went from the ostentatious '80s, making sure that they had somebody's name on their pocketbook, to the '90s, when they pulled in the reins. Now what we are seeing is the result of pent...
This November, the Transit Retail Partnership, which handles the contractors of the vending space at Back Bay, began sending notices to Kontoff to remove the posters and sticker from his bagel cart. He was also warned that he could not use a toaster for his bagels since it might blow a fuse at the T station...
After repeated notices, Kontoff was told that New Year's Day would be his last day as a bagel vendor. According to MBTA spokesperson Jim R. Ball, Kontoff's lease was terminated by the Transit Retail Partnership for violating the terms of his lease...
Given the state of network news these days, viewers seldom encounter such probing, useful journalism. In a compellingly documented broadcast, a Dateline: NBC investigative reporter went undercover to reveal that despite company denials, the outwardly patriotic Wal-Mart retail chain used child labor in Bangladesh sweatshops to manufacture clothing sold under its MADE IN THE U.S.A. label. Even with two months' rehearsal time, Wal-Mart president David Glass looked like a deer caught in the headlights. Wal-Mart supporters called the report "one-sided...
...launched a line of computers called PS/ValuePoint, with prices starting at $1,300 for the entry-level model. The PS/VP, which is compatible with IBM's original PC line, is the company's answer to Dell and Compaq, which both sell machines by mail order as well as through retail channels. The strategy is starting to pay off. IBM expects to ship 1.5 million PCs this quarter, 50% more units than it has ever shipped in any quarter in its history. The shipments include the company's five-year-old PS/2 models as well as its brand-new line...