Word: unsold
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...season when the industry considers a 60-day inventory of unsold cars to be normal, Chrysler has an 81-day supply; for some of its Japanese imports, including the Plymouth Sapporo and Arrow models, the sales backlog exceeds 150 days. For lack of models, the company has been virtually shut out of the full-size car market, which now constitutes 29% of industry sales. And when the company introduced its new full-size 1979 Chrysler New Yorker and Dodge St. Regis models with a vigorous publicity blitz in early October, it had almost no cars to sell because of production...
Across the street at Nini's Corner, employee George Fielding stood idly by a stack of unsold copies of the WallStreet Journal. Sales of the Journal declined today. Fielding said. "We sold 600 copies of the Times today until we ran out at 2 p.m.," he said, adding, "On an average day before the strike, we would sell about 300 copies...
...supersonic is being developed at present. The Anglo-French Concorde, of which ten are now flying, is such a fuel-gulping money loser that no more are on order and five have been left unsold. NASA and U.S. planemakers are still conducting supersonic research on a modest scale, but an American SST is not expected before the 1990s, and then only if the world economy is buoyant...
When Sears, Roebuck's profits tumbled 28% in 1974, it was all too obvious why. Seeking a fashion image, the company had been stocking and advertising higher-priced goods; when the recession suddenly made shoppers price conscious, Sears was stuck with unsold inventories, and discount merchandisers like K mart successfully invaded its old middlebrow market. Since then, Sears has shifted back into its traditional niche between the low-priced stores and the fashion shops, largely at the urging of Senior Executive Vice President Edward R. Telling. Last week Telling, 58, got his reward: a committee of directors chose...
...year-old, well-maintained two-story, seven-room colonial (three bedrooms, 1½ baths, one-car garage), attractive, heavily treed property, quiet residential area, listed in low $60s, has been on the market since April-many lookers, several binders, still unsold...