Word: uncertaintyâ
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...Traub is convinced that Bloomingdale's has found the formula for winning customers and boosting sales, even during times of economic uncertainty???and not only in the New York area. In the next two years Bloomingdale's will open two stores near Washington, D.C., its first major geographic expansion. But its influence is already felt coast-to-coast. Says an executive of one department-store chain at the other end of the continent from Bloomingdale's, "What is happening there will be happening in Middle America six months to a year from now." Considering Bloomingdale's aggressiveness, he might...
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