Word: trimmed
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...under control. Americans spent more than $30 billion last year on such offerings as diet books, videotapes, appetite suppressants, "lite" foods, low-calorie beverages and commercial weight-loss programs. Now the overweight and overwrought are rushing to try the latest raft of crash-diet plans, which promote ways to trim fat quickly by doing little more than taking pills or swilling specially formulated drinks...
...deep markdowns, disliked the new Ames policy of everyday low prices. Customer loyalty was further eroded when managers decided to change the name of some Zayre stores to Ames. Result: the company lost an estimated $228 million last year. The chain, which has 55,000 workers, now hopes to trim its operations...
...side, diplomats are urging the Japanese to increase public spending, streamline the country's local distribution system for goods, and strengthen antimonopoly laws to give foreign products easier access to Japanese markets. The Japanese want the U.S. to promise to trim its budget deficit and significantly hike the national savings rate, thus reducing the demand for Japanese imports and bolstering American corporate competitiveness. An interim report on the talks is due by April...
Those anti-tax feelings are still very much alive in the state. When House speaker George Keverian '53 (D-Everett) tried to push a tax package through the legislature to trim the deficit, constituents responded by flooding their state representives' offices with phone calls and letters to protest new taxes...
...ease the burden, Campeau Corp. may be forced to take refuge in bankruptcy. The move would buy the firm time to trim its debt to more tolerable levels. "I think the best bet would be to declare bankruptcy to protect the store franchises," says Monroe Greenstein, an industry analyst at Bear Stearns. The Federated and Allied chains could then operate under bankruptcy protection, which would entitle them to suspend interest payments and pay suppliers more promptly for their goods. But other Campeau watchers reject that strategy. Says Rothschild's Ross: "There is relatively little that can be done in bankruptcy...