Word: retails
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Dates: during 1940-1949
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...would be the first to cut some more. They knew that in July the first batch of postwar whisky, 68 million gallons laid down in 1945, came of age. Last week, the new price cuts finally came. Two of Kentucky's leading distillers, Brown-Forman and Glenmore, announced retail cuts of 50? to 65? a fifth on five brands of non-bonded straight whiskies...
...nationwide Schulte cigar-store chain, chairman of the board (1923-45) of Park & Tilford, Inc. (liquor and cosmetics), president of Dunhill International, Inc. (tobacco and perfume); in Holmdel, N.J. One of Manhattan's biggest real-estate operators (he had an intuitive genius for choosing the right corner-site retail stores), Schulte began as a $5-a-week errand boy, ended owning nearly 200 stores in 125 cities...
...main props of Juan Perón's popularity has been his policy of holding retail food prices at artificially low levels. Last week the prop was unceremoniously yanked away. Argentines awoke to find the costs of basic foodstuffs up as much as 100% overnight...
Even in areas of the economy where the drop in business had seemed most striking (e.g., retail sales), the slump was deceptive. In both unit and dollar volume, the first six months of retail sales in 1949 were close to 1948's first half...
Hopping mad, the National Retail Dry Goods Association, instead of blaming the retailer who blabbed, last week gave Goodall a tongue-lashing: "A black eye for . . . fair-trade . . . A policy error of the first magnitude . . ." Goodall, said an association spokesman, ought to rebate the profits every retailer lost on the premature sales. Whoever was right, the shopper was getting the benefits; last week in Manhattan Gimbels offered men's tropical rayons...