Word: offing
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Dates: during 1960-1960
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The base for the healthy retail sales record was easy to see: the Commerce Department reported that personal income in November held steady at the annual rate of $409,500,000,000-a record high.
Chicago department stores were among the best off: 1960's total sales trail 1959 by only 1%, and, spared last week's snows, Chicago expects holiday buying to put merchants over the top for the year. Chicago's big Discounter Sol Polk expects Polk Brothers sales to...
For many a worried U.S. retailer, it was the plight before Christmas. "Of course we're not ahead of last year's sales now," Bloomingdale Board Chairman J. Edward Davidson summed it up last week. "But with two extra shopping days this Christmas, we still have a chance...
In the South the weather had a different effect. After a November increase of 8%, Miami Christmas sales lagged until chilly weather last week stirred shoppers into a buying mood. Atlanta retailers gloomily expect Christmas sales to be off some 15%. The lunch-counter boycotts are keeping Negroes away; fear...
Though department stores were worried about Christmas sales, total retail sales held virtually steady for November at a seasonally adjusted $18.6 billion-down only $100 million from October, which rang up the second highest monthly rate in history. Durable-goods sales declined 2% from October, but the losses were partially...