Word: retailing
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...started the second-half rebound that the Reagan Administration has been predicting. The Federal Reserve Board revealed that industrial production rose only .2% in July, putting it just 1.4% above its level of a year ago. The Commerce Department said that the combined total of business sales at the retail, wholesale and manufacturing levels was down 2.1% in June. It was the second-largest one-month decrease ever, exceeded only by a 2.8% slump in March. Homebuilding, meanwhile, was off 2.4% in July. That drop was somewhat mysterious because economists had expected that recent declines in mortgage rates would give...
...preliminary report on retail sales for July showed them rising by an anemic .4%, indicating Americans are buying at a slower pace than in the spring, when sales were already lackluster. Administration planners had been counting on a consumer-spending spree to lead the economy to a 5% growth rate in the second half of the year...
Behind those executives, advancing through the ranks in banks, manufacturing companies, retail firms and service corporations are thousands of ambitious young women. Says Rand Corp. Economist James P. Smith: "They are in the pipeline in middle management now. It is inevitable that after 20 years of work experience, a good number of those women will...
Small dreams have no place at the Limited, Inc. Founded in 1963 by Chairman Leslie Wexner, the Columbus-based firm consists of Limited Stores and six other retail divisions. Indeed, the company has grown so fast that $1,000 worth of shares bought when the firm first went public in 1969 would today be worth $1,237,000. Wexner gives Gibson credit for much of that success...
...also supposed to be named Le Rêve, after the Picasso painting, instead of Wynn, after himself. He was certain for years that he wanted all the signs in the hotel to be sleek and minimal. Then he saw the giant Louis Vuitton sign in his retail space a few weeks before the opening. "Now that's a sign!" he told his employees. All others were soon replaced by signs twice their size. The guy who once had Frank Sinatra pinch his cheeks for a commercial and who earlier this year had helicopters shoot videotape of him while...