Word: store
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Dates: during 1950-1959
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...Pacific in style over a leisurely 99 days, picking up memories and mementos in exotic ports from Pitcairn Island to Singapore. In Kobe, the first of two stops in Japan, they lost no time adding to the collection. Heading virtually en masse for the Great Circle department store, they bought out its entire stock of high-priced screens, dolls and kimonos. "Incredible," murmured one dazed floor manager, "the more expensive the items, the better they sold...
...outskirts, Secretary Oveta Gulp Hobby dedicated a six-story laboratory building for the U.S. Public Health Service, gave it the mouthfilling name of Robert A. Taft Sanitary Engineering Center. Said Mrs. Hobby: "Sanitary engineering had its origins in [man's] first crude efforts to gather and store rainwater for drinking purposes and to dispose of wastes effectively." It is still concerned with the same problems, though in different forms...
...plans, by themselves, have not stabilized employment. The companies had to stabilize employment first by drastically changing production and selling methods. For example: Procter & Gamble provided warehouses to store its soap and shortening in slack seasons and campaigned to get wholesalers to level out their buying...
...guaranteed wage plan to work in the hard-goods industries, production would have to be stabilized and buying habits changed. But how? The steel industry, for example, cannot store products because it makes most of them on order to exact specifications. The auto industry could stabilize some 19% of the steel industry (the amount of steel it buys) if it could find a way to get around the public's habit of buying cars in the spring and making the old one do during slumps. To even out buying, C.I.O. President Walter Reuther once suggested a sliding price scale...
...example, said Hotchkis, Sears Roebuck & Co. "has invested over $28 million in five countries in Latin America [since opening its first Latin American store in Havana in 1941], With the exception of one small dividend from a Cuban subsidiary, every cent of profits earned between 1941 and 1952 was reinvested in the countries in which they were earned to finance new stores and new products...