Word: retailing
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There's something fishy about the U.S. seafood industry, according to a new study that will appear in the February issue of Consumer Reports magazine. The study, carried out by investigative reporter Trudy Lieberman, found widespread contamination and mislabeling of seafood in retail fish shops and supermarkets in New York City and Chicago. Of the 113 random samples of fish purchased in both cities, 29% were spoiled and 44% were contaminated with fecal bacteria; 40% of the swordfish samples had an impermissible level of mercury...
...Instead Harkin is watching helplessly as crucial elements of what should be his core constituency, the country's leading white-collar union leaders, conclude that he is too strident and too liberal to appeal broadly in a general election. "Harkin sounds wonderful," says Lenore Miller, the head of the Retail, Wholesale and Department Store Union, who has signed on with Clinton. "But it's all too parochial...
...Venture Economics, a market-research firm, an entrepreneur needs at least $8,000 to start a home-based business, which includes office supplies and equipment but not rent. Starting the same business in prime office space would take at least $50,000 in start-up capital. To launch a retail establishment, such as a bakery shop or a video store, could require as much as $200,000 in financing. A manufacturing concern would need much more: $1 million just to get off the ground...
...first step, most prices are to be freed from government control this week, although the cost of basics like bread, milk, salt, medicine and vodka will still be regulated. The results may be no more satisfactory than those of perestroika because many state-run monopolies, including wholesale and retail suppliers, retain their paralyzing grip on the distribution system. With hyperinflation a real threat, much of the population feels menaced by poverty as well as hunger this winter...
...entomologist who was originally looking for a naturally insect-resistant variety of cotton. She came across "coyote brown" cottonseeds that had been collected by the Department of Agriculture during the 1930s and '40s and launched a company called Natural Cotton Colours. Besides making the cotton into Natural jeans (retail price: about $27), Levi's is offering colored cotton shorts and jackets. Even the advertising attached to the jeans flogs the "natural" theme: it is printed on recycled denim. For the moment, Natural jeans are available in beige, brown and green, but Fox has her eye on the inevitable: a natural...