Word: stores
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Dates: during 1950-1959
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...plague?" growled the butcher. "It's around the corner." The butcher had reason to growl. Since the first U.S.-style self-service markets opened in Europe a few years ago, "la méthode américaine" has sparked a revolution in food retailing. The familiar cubbyhole specialty store, with its high prices and limited stock, is on the way out. Rising to replace it is the big, flashy market that offers customers everything from plastic-packaged carrots to caviar, silk stockings and camping equipment, and all at prices 10% to 20% below the old-fashioned competition...
Serve Yourself. In France there are close to 3,000 new self-service grocery stores doing so much business that retailers speak of a "commercial revolution." Many of the stores are independently owned and operated, but the biggest push comes from the chains. France's big Félix Potin chain has already turned half of its 96 stores into self-service markets, plans to convert all its stores to self-service by 1961, reports that sales automatically double when customers realize that they can shop faster, more easily and more cheaply at self-service. Two years ago, Paris...
...international food congress in Rome. Virtually every major Italian city has at least one supermarket-and plans for more. Two supermarkets are operating in Turin, two more in Bologna, another two in Naples. Rome alone has seven supermarkets. Last week Italy's big La Rinascente department-store chain jumped into the field, bought Rome's big Supermercato S.p.A. for a reported $750,000, and expects to gross $3,000,000 annually by offering customers 2,000 items at prices 15% below small stores. One big gainer from the new supermarkets: the Italian government, which levies a 26.85% annual...
...independents have been forced out of business. If the wave continues, another 10,000 will have to close down in the next two years." Germans complain of the "foreign menace" to their livelihood, while Italian shopkeepers lobby insistently to prevent local city governments from granting licenses to the new stores. But the trend is all to the supermarkets. When a big new market opened in Milan recently, the strong Communist element there attacked it as an imperialist plot, until they discovered that workers were swamping the store at the rate of 23,000 customers a week. As one Milan supermarket...
...aviation-insurance firm, to celebrate Managing Partner R. Leslie Cizek's 30th anniversary with the company. No sooner did the ad appear than Wall Streeters started burning up the phone clamoring for their very own gold putters. With a sigh, Tiffany Board Chairman Walter Hoving announced that the store had ordered more of the $1,475 clubs for the men who want everything. And that it also had a less expensive model in base metals, with a silver jacket. Price...