Word: stores
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Dates: during 1950-1959
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Character Witness. In Miami, five days after he fled from his job in a Hamilton, Ont. shoe store with the contents of the cash register, Robert Happy, 17, strolled into a specialty shop to buy a gun, blandly flashed his shoe-store identification card, was arrested as soon as the identification was checked with his former boss...
...wall of air keeps warm air in the store, the cold outside; the system can be converted to cold air in summer. Kroger's 11-ft.-wide air curtain cost $7,500, will cost about 15? an hour to operate...
...Sperry & Hutchinson, biggest U.S. trading-stamp dealer, he will pay about $3 per 1,000 stamps, one of which he will give away with each 10? purchase. In return, S. & H. supplies the books for pasting up stamps, helps with local advertising and promotion, opens a convenient premium store. To cover the cost of the plan (2% to 3% of the yearly gross), a retailer must boost sales an average of about 20%. For the merchant who is first in his neighborhood with stamps, this is usually easy. But as each of his competitors buys a rival stamp plan...
...matter how painless stamp plans may appear, it is still the customer who eventually pays. Though most retailers publicly deny that they raise prices to cover the extra cost, the price of the stamps ultimately finds its way into the store's markup. In a study of western retailers, the University of New Mexico Bureau of Business Research discovered that most raised prices about 4% to make sure that all extra expenses would be taken care of. Thus, if a shopper filled four books of stamps by buying $480 worth of groceries and won a $13 chafing dish...
...middle founded a grocery store in South Dakota on the basis of his experience as CRIMSON business manager and has subsequently cornered the Canadian carrot market...