Word: steeling
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Dates: during 1980-1989
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...Inland Steel...
Ferraro delivered a typical, spunky performance when she visited the down-and-out steel city of Youngstown, Ohio...
These price-cutting binges are a sign not of desperation but of acutely smart merchandising. Though Sharon is an old steel town, with a population of just 19,057 in a county with an unemployment rate of 13%, Reyers has grown to become one of the largest independent shoe stores in the U.S. It draws 1,000 to 3,000 customers a day, some coming from Pittsburgh and Cleveland, 75 miles away. This year, its 99th, it will record annual sales of $6 million to $8 million (vs. $355,000 for the average shoe retailer...
However, the Coop, in a statement, charges that the landlord has installed roll-down steel doors to protect the pushcarts. Because DiGiovanni controls these doors, it says, he controls access to the sidewalk, thus impeding pedestrians...
Defense Secretary Caspar Weinberger downplays those early warnings. "Well," he said, "they were noted." The Administration blames shipping problems and local construction delays for the fact that a protective steel entrance gate had not yet been installed and that the heavy-duty windows and doors for the building were still on order. Weinberger describes how much worse the devastation would have been had the bomber made it into the embassy building...