Word: slumping
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Dates: during 1940-1949
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...office outlook for Anne of the Thousand Days yanks the ten-year-old Playwrights' Company out of a slump that had threatened to end a unique Broadway team. Last season, for the first time since it was formed by Maxwell Anderson, S. N. Behrman, Sidney Howard, Elmer Rice and Robert E. Sherwood, the partners could not dig up a play among them; Broadway wondered loudly whether the old hands had lost their grip. Now the Playwrights plan to follow Anne with four more in the current season...
...slump is not only in high-priced furs. In the Louisiana bayou country, where trappers sold $11 million worth of muskrat, raccoon, opossum and other cheap furs last year, there were few buyers as the 1948 trapping season opened. Fur dealers were still loaded up with last year's skins...
...biggest U.S. fur retailer, canceled plans for four new New York City stores, decided instead to lease fur departments in smaller department stores all over the U.S. By plugging lower-priced furs, the company-like other furriers-hoped to make up in mass sales for the slump in its luxury coats...
...president of the Federated Department Stores, Inc., thought the trouble was something more than that. His chain had just increased its profit 27%-on a sales increase of only 13.6%-to a record of $12 million for the year ended in October. But, like others, Federated felt the November slump. Said Lazarus: "The market has become a buyers' market. The day of honest-to-goodness merchandising is back...
...movie box office has not yet completely lost the land-office look it had during wartime. But moviemen suspect that the boom is over. How soon a real slump will come is something that fretful Hollywood has begun to fret about...