Word: store
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Dates: during 1950-1959
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...shopper pushed her way into Macy's department store in Manhattan one day last week, panted out orders to her children: "Bobby, you go to the Mixmasters; Helen, you take the escalator and line up at the Hopalong Cassidys, and I'll get in line to buy papa a suit." Like thousands of others, the mother & children were cashing in on the biggest price war in the history of New York retailing...
...rush into the store was so great that customers tried to push through the "In" and "Out" side of a Macy's revolving door at the same time; the door fell flat. In the store, jammed tight with frantic bargain-hunters, Toastmasters were slashed from $23 to $14.72; Sunbeam Mixmasters were cut from $46.50 to $26.59, and hundreds of other items were cut from 6% to 40%. Down the street, Macy's big rival posted its famed slogan: "Nobody but nobody undersells Gimbels," matched Macy's cuts. Across the East River, in Brooklyn's Abraham & Straus...
...Francisco's Weinstein's department store started cutting prices, and the rival Emporium followed suit, declared: "We didn't become the biggest store in San Francisco by selling at higher prices." In Omaha, the Smith Drug chain signed up for the duration of the price war; prices of fair-traded items began to tumble in Memphis and other cities...
...Square's largest department store would not predict any price changes. George E. Cole, General Manager of the Coop, would only say that the Society's prices will be "governed by circumstances." J. Press, on the other hand, definitely said that it would pay no attention to price cuts in the Square, and that it is not worried about the situation...
Claus Gelotte camera store could not foresee any drops in its prices, while Derby Jewelers refused any comment...