Quote on holiday shopping by Linda R Morris
Linda R Morris notes the consumer and retailers may not have had a very merry Christmas from a profit standpoint. The remark reflects concerns about holiday spending and retailer earnings.
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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Dec 27, 1989
Page
2
Linda R Morris notes the consumer and retailers may not have had a very merry Christmas from a profit standpoint. The remark reflects concerns about holiday spending and retailer earnings.
In 1983 President Ronald Reagan stated he bore full responsibility for the security failures that enabled the Beirut bombing, which killed 241 U.S. servicemen, marking a pivotal moment in U.S. foreign policy and military oversight.
A global Hanukkah observance linked Brooklyn Moscow London Paris and Jerusalem via a 90 minute cable relay. Rabbis led readings from each site while Rabbi Menachem M Schneerson distributed gelt to youths at the Brooklyn world headquarters. Ashkenazi Chief Rabbi Mordechai Eliahu lit the Jerusalem candle. Esther Bodzin an 18 year old Detroit seminary student watched in Jerusalem. In Waterloo a house fire killed a grandmother Doris Foster 3 and her infant grandson LaQuincy 22 months as a man babysat. Fire officials suspect a kerosene heater caused the blaze and arson investigators were called in.
Pittsburgh officials renew efforts to remove a 40 foot menorah from public property at the City-County Building. The city plans to petition the U S Supreme Court to allow removal while the Chabad group maintains the display under a restraining order. The case centers on free expression in a public forum.
Listings for subscription rates and contact numbers for classified and display advertising plus news tip line and customer service hours. Includes post office box address, mailing details, and publication schedule for the Aiken Standard.
Orange juice futures spiked after a weekend freeze hit Florida and Texas citrus groves. Analysts say Brazil’s bumper crop may limit juice price gains, while Northeast vegetables like carrots and broccoli could rise as Florida losses reduce supplies. Prices may rise 3 to 5 percent overall in 1990.
A United Express twin-engine commuter plane crashed 100 feet short of Tri-Cities Airport runway in Pasco Washington killing six aboard. FAA spokesman Dave Duff reported seven-mile visibility calm winds and a blaze that consumed the forward section within a minute after impact. Firefighter Dave Bickle described the scene as a ball of flame with likely no survivors.
Assistant Chief Ron Dugan of Frostburg Fire Company consoles and shares a hot drink with a rescued puppy in Eckhart Maryland after a house fire. No injuries were reported.
Washington plans push to end the nine month dispute between United Mine Workers and Pittston Co. with round the clock talks. Spokesman Herb Fishgold said negotiations resume in the Washington area after a 72 hour stretch without sleep, signaling strong effort to reach a Christmas settlement.
Lt Col Luis del Cid a close Noriega aide pleaded innocent to charges in the February 1988 indictment accusing Noriega, Medellin cartel leaders, and others of importing cocaine. He surrendered to U.S. forces aiding the Panama invasion and denied all counts, requesting a jury trial. He faces up to 70 years and a $550,000 fine. Del Cid is held without bond until January 2 full hearings.
Johnson City Tennessee memorial unfolds after a Christmas Eve blaze at the John Sevier Retirement Center claiming 16 lives and injuring dozens. Brian L. Cozad, 29, died with his grandmother Carman L. Baughan, 79, while caring for her. Residents cope with loss as Red Cross aids survivors and mental health workers offer counseling.
A New York state appeals court overturned misdemeanor riot convictions of three white defendants in the Howard Beach racial killing. The panel found two errors by the trial judge in jury instructions, while a separate manslaughter/assault conviction for others remains unsettled. Prosecutors may appeal, resubmit to a grand jury, or dismiss the case.
Retailers posted mostly solid holiday sales gains but profits were squeezed by discounting. Kurt Barnard of Retail Marketing Report says a 5 percent rise matches early signals, below 1988's 7 percent gain, as shoppers enjoyed bargains while retailers faced tighter margins. Linda Morris of PNC Financial Corp notes the consumer was merry even if retailers earned less per sale.
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