Word: roebuck
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Dates: during 1980-1989
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...they are far better read. (No longer does anyone call these artful artifacts junk mail.) Their makers enlist some of the world's fanciest models to animate their laces and tweeds, boots and blue jeans, at a cost of $2,000-plus per bod per day. (Sears, Roebuck has even used Cheryl Tiegs as a cover girl.) Their photographers, including such luminaries as Victor Skrebneski and Alex Chatelain, command daily fees of $3,000 and more. A big, elegant specialty firm like Horchow's has a year-round staff of more than 100 buyers to roam the world...
...borrowing costs of those companies will be declining, and that will help profits. Next they moved to housing-related stocks that would benefit if the lower interest rates encourage a pickup in homebuilding. Their favorites: Weyerhaeuser and Georgia-Pacific. Anticipating that consumer spending would increase, Rolland bought Sears, Roebuck and Co., MCA, Procter & Gamble and two drug companies, Syntex and American Home Products. Smaller, profitable airlines, which would benefit as travel increased in a healthier economy, also looked good, so Chemical bought US Air and PSA. One industry group that he totally avoided was energy stocks. Says Rolland...
American bankers, already worried about steep interest rates and shaky loans, had yet another reason to feel edgy last week. Sears, Roebuck and Co., the largest U.S. retailer, launched a new offensive in its campaign to become a major force in the financial services business. In eight stores, from Atlanta to Los Angeles, the company opened the first branches of its Sears Financial Network, a kind of supermarket where shoppers can buy stocks, bonds, insurance and houses, or even open up Individual Retirement Accounts...
...moment, interactive programs are being used or developed at Atari (the disc acts as an indefatigable salesman in the showroom); IBM; Sears, Roebuck (Looking for a gingham dress? You can find it on their videodisc catalogue); General Motors; the Smithsonian Institution; Walt Disney Productions; Xerox; and the National Gallery of Art (recording 16,000 works of art for scholarly delectation). As a teaching tool for schools, industry and museums, the interactive videodisc has an assured place...
Sorting out the potential winners from the probable losers will not be easy. In the heated struggle for customers, banks, savings and loans and stockbrokers are jousting with new competitors, such as money-market funds and diversified financial-services companies like Sears, Roebuck and American Express. The result has been a flood of novel investment and savings devices. Moreover, there has grown up a cacophony of conflicting claims that is bewildering investors. Even many money advisers in banks, brokerage houses and other financial institutions are having a difficult time keeping up with the myriad of different investment possibilities that have...