Off-price chains race to win Christmas shoppers
Off-price retailers like Marshalls TJX and Burlington Coat Factory tout broader assortments and aggressive promotions to grab holiday sales. They report stronger supplier willingness to blitz discounts as department stores cut prices, with TJX highlighting ads and promotions and Burlington expanding vendor access to secure gains into the 1990s.
MENTIONED IN THIS ARTICLE
New York
TJX Cos, Inc
Steven Wishner
Kmart
Target
Campeau Corp
Marshalls
Jane Maxwell
Ms. Maxwell
Televi
Burlington Coat Factory
Lincoln bond scheme under fire in House probe
Washington AP report says Lincoln Savings and Loan violated federal rules in selling worthless bonds. Chairman Henry Gonzalez alleges memo shows numerous violations including prohibited sales bonuses and Lincoln employee involvement. Regulators seized Lincoln in April. cost to taxpayers estimates at $2 billion, the era’s costliest S&L collapse. More than 22,000 Lincoln customers bought $250 million in subordinated debt from American Continental Corp., with many seniors over 60.
MENTIONED IN THIS ARTICLE
Washington
Lincoln Savings and Loan Association
House Banking Committee
Henry B. Gonzalez
D-Texas
Lincoln
S&l
American Continental Corp
Phoenix
Dariush Razavi
Mark Randall
S&l. Lincoln
American Continental
Lincoln Savings
Razavi
Gonzalez
Savings and Loan
Securities and Exchange Commission
Grain and livestock market outlook from midweek trading
Grain futures and livestock prices show mixed movement as bid levels vary across Wheat Soybeans and Corn with notable activity in futures contracts. Reports indicate slaughter figures and beef and pork values, with demand pressures and market shifts noted for cattle calves and lambs at regional exchanges.
NLRB cites grounds against CitiSteel plant in Delaware
Attorneys for the National Labor Relations Board say the union has grounds for an unfair labor practices complaint against CitiSteel USA Inc. and its handling of former Phoenix Steel employees at the Claymont plant. The board may seek a settlement without court action, determining if CitiSteel must recognize and bargain with the United Steelworkers.
MENTIONED IN THIS ARTICLE
National Labor Relations Board
CitiSteel USA Inc
United Steelworkers
Peter W. Hirsch
NLRB
Philadelphia
Claymont
Del
Phoenix Steel
CitiSteel
Hirsch
China International Trust and Investment Corp
Marth
CitiSteel 4S
Hireoh
Phoenix
Soviet to translate economics text for Russian learners
Campbell McConnell of the University of Nebraska-Lincoln says his 1960 economics textbook Economics is being translated into Russian for use in the Soviet Union. The 11th edition already exists in several languages and McConnell forewords the Russian edition, expected to take two to three years, noting Soviet growth slowdowns and Gorbachev reforms while stressing the value of a competitive price system for efficient resource allocation.
MENTIONED IN THIS ARTICLE
Lincoln, Neb
United States
Soviet Union
Campbell McConnell
University of Nebraska-Lincoln
Wr. McConnell
McGraw-Hill Book Co
McConnell
Also Mentioned on This Page
Donna
L Waters Je
Donsa Buchymaky
Evergreen Business Center
Unit AG
Des
Diachaahy Hal Bega
Fasion Ie
Robert LaPenta
Burlington
N.J
Mr. LaPenta
Lnodsboro Savings Bank
SN. Main ST
FDIC
Eman
Wading Citage Board of Trade Meading Open
Midwest Car Lot
DES Bhases
Ees
AP Labs
Cercabees Mead
Carters
Carrames Chace
Beecom
Port Iuans
Mannan Adnan Tuid
Erie
Aries
Omaha Livestock
Ata Live
Sete Monty
Bugiter
Ahi Beers
Butt Ceebeet
Pescett
Heiter
Sabet
Union
CitiSteel USA
Economics
Dale Carnegie
Frederick
Frere
Extremane
Bran Thompson
Area
Asociate
The
Chamber of Commerce of
Frederick County
Sheraton Inn
B.L. Cook & Assoc. Inc
Mon
FORD
Chrysler
Ganape
U.S
Olde Towne Syewelers Walkers Village Center
Frederick National Bank
Money Market
182 Day
AN. Market St
Opossumtown
West Patrick St
Rosemont Ave
Buckeystown
East Patrick St
Middletown
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