Word: retailing
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Dates: during 1990-1999
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...part project," she said. "It is the ending of the garage renovations project of the last year and a beginning of the ground floor retail renovation...
...Chevrolet dealer in South Dakota, Rock earned a degree in psychology before embarking on a career that included posts at Buick and GMC Truck. At Oldsmobile, Rock began his revolution at the retail level, where he exhorted his dealers to emphasize customer service. He plans for Oldsmobile to become the first mainstream GM line to adopt the methods of the new Saturn division, which embraces higher standards of value, quality and service than other nameplates...
...automaking losses have put GM in the kind of financial position lately associated with dying airlines and retail chains. The company has been frantically seeking cash to meet its financial obligations. GM has sold stock and tapped credit markets to raise $5 billion in the past year alone, mostly to pay operating expenses. If the financial squeeze grows too tight, GM might even file for bankruptcy protection under Chapter 11 to force concessions in its wage, pension and benefit packages. "This is not the company it once was," says a GM director. "There is going to have to be special...
Bankers, for their part, complain that the biggest factor inhibiting new lending is the huge regulatory net Washington has thrown over the entire industry. "The banking system is currently overmanaged and controlled by regulators," says Joe Belew, president of the Consumer Bankers Association, a national group of retail banks. "If you squeeze out the risk factor, you also squeeze out a number of debatable lending opportunities. Only people with perfect records will then get the upper hand. But few of us have perfect records." Nor do banks relish the thought of having federal examiners constantly looking over their shoulder. "When...
...ideological considerations aside, this retail relay has tremendous societal value in purely economic terms. We're talking about $37.5 million retail dollars just for the book, and $20 million for the album, at the very least. Score one for market capitalism. For this alone, Madonna merits far more respect than any federally funded artist in the oh-so-chic secular high church of contemporary art. She is hawking herself on the open market instead of playing courtesan to the National Endowment for the Arts. If you don't approve of her performance or her product, you don't have...