Word: stores
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Dates: during 1950-1959
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Millions of families with incomes not nicked by the recession were gripped by a mood of tight-fisted caution. Liquor dealers reported a drastic switch from costlier to cheaper brands. Chain-store sales were brisker than in booming early-1957 because many housewives were forgoing the comparative serenity of the corner delicatessen or grocery store and shopping in supermarkets to save pennies to put into savings accounts. In Chicago a young woman borrowed $500 from a downtown bank at 4½% interest, offering as collateral her $650 savings account drawing 2% interest. She just didn't want...
Time was when Russia's light-fingered lady discus thrower, Nina Ponomaryeva, could lift a couple of hats from a London department store (TIME, Sept. 10, 1956) and rate hardly a slap on the wrist from her commissar chaperons. Nina was needed for the Olympics. But the party line has changed. Last week Czechoslovakia's table-tennis champion, Ivan Andreadis, was "temporarily disqualified" from the national team for "unsporting behavior." His bourgeois crime: Ivan "forgot" to report a large hunk of his earnings...
...this touched off a wave of frenzied price cutting in many cities, as everyone tried to undercut the competition. Manhattan stores sold $39.95 G.E. clock radios for $27.95; Los Angeles retailers chopped waffle irons from $22.95 to $15.88; Chicago's Sol Polk cut his discount prices on electric skillets from $12.95 to $9.98, and hurried to order another 10,000 small appliances. Yet in many other U.S. cities, the news stirred hardly a ripple. In Washington, D.C., Detroit, Dallas, Denver and dozens of other markets, Fair Trade on these items has long since died. Said a Milwaukee department-store...
...cases of vandalism which occured between 11 p.m. Monday and 2 a.m. yesterday. Eyewitnesses reported that at approximately 11 p.m., a group of four left the Waldorf Cafeteria, one on crutches. The crutch was allegedly used to hammer some letters from a neon sign above the nearby Phillips Book Store...
Approximately ten minutes later, two persons were seen standing in front of the Arlington Cleaners on the corner of Plympton St. One picked up a loaded trash can and heaved it through the large plate glass window of the store...