Word: roebuck
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Dates: during 1980-1989
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...accounts are only part of the financial revolution that has been bringing widely different money services under one roof. Last week Sears, Roebuck and Co., the largest American retailer, announced that it will open financial-service centers in eight cities in July. The company now owns Dean Witter Reynolds securities and Coldwell Banker real estate. Last year American Express Co. bought Shearson Loeb Rhoades, the second largest securities firm, and the Prudential Insurance Co. acquired the Bache Group, the sixth biggest brokerage house. Banks will soon be in the thick of the financial fight...
...weak thrift institutions have been fighting deregulation out of fear that they would be unable to compete against banks and the new so-called financial supermarkets such as Merrill Lynch and Sears, Roebuck & Co., which offer every service from money-market accounts to insurance. Savings and loan lobbyists in Washington, for example, have been waging a rear-guard action to stop the deregulation of interest rates. In October they blocked a plan to lift the level that they pay on passbook accounts from 5.5% to 6%. The thrifts argued that such a move would cost them $500 million annually...
Taking two minutes from his hosting duties, Bok discussed the advantages of the $50,000 conference, which is funded mostly by the Department of Housing and Development and Sears and Roebuck...
...strategy. The firm has long marketed its machines, which can cost as much as $4 million, almost exclusively by in-office sales to businesses or governments. But IBM will be selling the new personal computers directly to consumers through a chain of its own retail outlets and in Sears, Roebuck and ComputerLand stores...
That unabashed declaration comes from Beate Uhse, 61, whose famed shops have become West Germany's Sears, Roebuck of sex, offering more than 3,500 varieties of love aids, ranging from bawdy books to inflatable mates. Now Europe's leading erotic entrepreneur has her sights set on the estimated $5 billion U.S. pornography market. Uhse's new American subsidiary, Reel Pleasure Unlimited, is distributing a portfolio of hard-core movies to 46 theaters across the U.S. In keeping with her reputation for peddling only top-of-the-line pornography, the initial release, Extremes, is the first...