European Stars and Stripes (Newspaper) - December 8, 1990, Darmstadt, Hesse Saturday december 8,1990 the stars and stripes Page 5 Sharp symbolic of the slow shopping season was this scene at the mall in Lincolnwood 111., thursday afternoon where few shoppers could be seen. By Joyce m. Rosenberg a business writer big retailers were handed a disappointing month in november raising the Possi Bibity of a disastrous Christmas for Storc owners. Worries about higher gasoline prices higher inflation and lower employment were cited As prime consumer concerns. Consumers sharply curtailed Holiday spending even during the thanksgiving weekend which is traditionally one of the biggest shopping periods All year. Several stores said their sales fell from november 1989 Levels including Sears Roebuck and co., . Penney co inc. And May department stores co. Jeffrey Edelman an analyst with Barclays de Zoetl Wedd inc., predicted that after adjusting or inflation the retail Industry will see its Overall sales drop 1 percent to 2 percent from last year for the Holiday season. Many shoppers have said they will spend less on gifts this Christmas because they done to have As much extra Money As they did last year. Department stores and general merchandise retailers like Sears bore the Brunt of november a dismal results but discount stores fared somewhat better. A poor Christmas could Lead to severe financial problems for some companies. One already struggling is child world inc., the nations second largest toy store Chain which has suspended Baytr some Bills because it is Short of Cash. Child world which reports its sales quarterly has said it will Cut prices at its 182 stores. Retailers also continue to trim expenses in Hopes of preserving their profits. Sears announced this week it is Frycz ing salaries for 20,000 of its managers As part of its Cost cutting program. Sears the nation s largest retailer said november sales at stores open at least a year fell 2.4 percent while the company a Overall sales dropped 1.6 percent. Penney said same Storc sales dropped 4.6 percent while Overall sales slipped 3.1 percent. May suffered a 5 percent drop in same store sales As its Overall sales fell 0.2 percent. A a. A a a a even Wal Mart stores inc which consistently outperforms the rest of the Industry saw sales lag. Wal Mart reported its Samc store sales were up 7 percent below the discount retailers usual double digit increase while Overall sates were up 22 percent. Olympia Wash. A a Republican logging supporter Defeated the incumbent for his legislative seat by one vote after a recount but she said she would t gloat and called it the a scam a pain from a you can bet in a not going to be run Ning up and Down the Street Yelling a hey in a representative goos a pin not going to act like an idiot Quot said Ann goos. State rep. Evan Jones a Sequim said he will contest wednesday s results and demand a new recount. Going into the. Recount Jones led the rate for the 24th District seat by five votes but when new tallies were added from three counties he trailed by one vote the new total goos 16,167, Jones 16,166. Sands of time in the stars and stripes 40 years ago today. Highland ind. A about 120 residents of a flooded housing subdivision were barred from returning to their Homes after cancer causing pcs were discovered at unacceptable High levels1, officials said results shared by the environmental Protection Agency led the state to declare the houses off limits to residents hoping to return for personal items. Quot a a a v1 a a a a the Epa said it found double the acceptable Levels of pcs Jim Lynch a spokesman for the Indiana department of environmental management told reporters that officials were researching the history of the area which had apparently been used As a a dumping contamination site Highland ind grand rape pfc Mich. South Bend ind. Lynch did not elaborate. However residents of Wicker Park estates in Highland about 20 Miles from Chicago in extreme Northwest Indiana and several other areas hit hard by flooding last week got some Good news thursday when president Bush declared Lake county a disaster area. Sen. Richard Lugar r-ind., received word that Bush signed the disaster declaration Lugar aide Kevin. Kellems said. Pcs once com Tonly used is Insu Latsiou in electrical transformers were banned by the Federal government As a cancer causing substance in the 1970s. Tests for pcs were conducted after Highland officials reported seeing a Sheen on floodwaters and sus pc cd that Oil and gasoline May have leaked from submerged automobiles and fuel tanks. Dec. 8,1950 a after a Day Long political struggle the French Cabinet agreed to allow German troops to make up 2q�?zpereent of the Atlantic pact armies to defend Europe. Taylor sex Boyfriend Settle Legal Battle Over perfume30 years ago today. A dec. 8,1960 a Fri agents joined the investigation of Chicago votes which republicans claimed were stolen for president elect . Kennedy the Justice department said a. A a a a a a a. A Quot a a a a a �20 years ago today. Dec. 8,1970 a Gen. William c. Westmoreland army chief of staff unveiled a new program to make the soldiers life More comfortable. His plan covered the spectrum from authorizing Beer in dining facilities to ending unnecessary troop formations.10 years ago today. A a % 8,1980�? president Carter summoned Security advisors and the White House issued a statement saying that the soviet Union had completed plans fora possible invasion of Poland. Los Angeles up Elizabeth Taylor and her sex Boyfriend ended their Legal Battle Over the actresses passion per Fame thursday Only a Day into a trial that promised a glimpse into the lavish lifestyle and love life of the movie legend _ a i feel vindicated a Taylor said after the Surprise settlement was announced a no this is not a tie. As far As pm concerned we won. 1 feel absolutely a a _ the settlement came in the midst of the second Day of jury selection in the trial. Henry Wynberg a former used car Salesman who was romantically linked to Taylor for two years in the mid-1970s, said he too was a a pleased with the out come although he walked away without any profits rom the lucrative perfume he claimed was a copy of one he developed asked whether he was prompted to Settle to avoid Public scrutiny of his Misdemeanour conviction on sex related charges Wynberg said a no i done to think so because that turns into a two Way Street. Anything asked of me i could ask of a \ , Quentin Jacopp had said Wynberg was owed As much As $10 million in profits from the scent the terms of the Resolution were not disclosed but Taylor a lawyer Neil Papia no said no Money changed hands
