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Fedco
Federal Employees' Distributing Company, known as Fedco, was a membership department store chain that operated in Southern California from 1948 to 1999. History Beginning The chain was unusual in that it was a nonprofit consumers' cooperative. It was founded by 800 U.S. Post Office employees who wanted to leverage their buying power by purchasing goods directly from wholesalers, and eliminate the additional markup of a retail store. The Board of Directors, headed by Robert Kee, established the first store on Slauson Avenue in Los Angeles. Members would come into the store and find items they wished to purchase in various catalogs. As demand grew, the Board of Directors began to carry merchandise in the store. Business flourished and they took over adjoining storefronts. Under the guidance of Kee, FedScript was developed. This allowed a form of "borrowing" but ensured that the funds could only be spent at Fedco. Lines included general merchandise, grocery, and, in some loc ...
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Fedco Sticker On CD
Federal Employees' Distributing Company, known as Fedco, was a membership department store chain that operated in Southern California from 1948 to 1999. History Beginning The chain was unusual in that it was a nonprofit consumers' cooperative. It was founded by 800 U.S. Post Office employees who wanted to leverage their buying power by purchasing goods directly from wholesalers, and eliminate the additional markup of a retail store. The Board of Directors, headed by Robert Kee, established the first store on Slauson Avenue in Los Angeles. Members would come into the store and find items they wished to purchase in various catalogs. As demand grew, the Board of Directors began to carry merchandise in the store. Business flourished and they took over adjoining storefronts. Under the guidance of Kee, FedScript was developed. This allowed a form of "borrowing" but ensured that the funds could only be spent at Fedco. Lines included general merchandise, grocery, and, in some loca ...
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Soundcraftsmen
Soundcraftsmen was a manufacturer of high-end audio stereo components located in Santa Ana, California, United States. The company was founded in 1961 by Ralph Yeomans, a concessionaire in Fedco (a discount membership store chain in southern California, until the chain closed in 1999). Early Soundcraftsmen components included tube-type receivers and amplifiers. Ralph Yeomans and Charles Gassett, a southern California audio equipment representative and international marketing entrepreneur selling Coastron Sherwood Electronic Laboratories receivers at the time, had an interest in expanding the brand nationwide. Yeomans and Gassett decided the first product was to be an equalizer, something not already on the market. They employed an electronics engineer, Paul Rolfes, in 1968 to design the equalizer. It was introduced by Gassett at the 1969 CES in New York. National distribution started in late 1970. In the mid-1970s they introduced their line of preamplifiers and power amplifiers ...
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Hypermarket
A hypermarket (sometimes called a hyperstore, supercentre or superstore) is a big-box store combining a supermarket and a department store. The result is an expansive retail facility carrying a wide range of products under one roof, including full grocery lines and general merchandise. In theory, hypermarkets allow customers to satisfy all their routine shopping needs in one trip. The term ''hypermarket'' (french: hypermarché) was coined in 1968 by French trade expert Jacques Pictet. Hypermarkets, like other big-box stores, typically have business models focusing on high-volume, low-margin sales. Typically covering an area of , they generally have more than 200,000 different brands of merchandise available at any one time. Because of their large footprints, many hypermarkets choose suburban or out-of-town locations that are easily accessible by automobile. History Canada Loblaws established its Real Canadian Superstore chain in 1979. It sells mainly groceries, while also re ...
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1984 Summer Olympics
The 1984 Summer Olympics (officially the Games of the XXIII Olympiad and also known as Los Angeles 1984) were an international multi-sport event held from July 28 to August 12, 1984, in Los Angeles, California, United States. It marked the second time that Los Angeles had hosted the Games, the first being in 1932. California was the home state of the incumbent U.S. President Ronald Reagan, who officially opened the Games. These were the first Summer Olympic Games under the IOC presidency of Juan Antonio Samaranch. The 1984 Games were boycotted by a total of fourteen Eastern Bloc countries, including the Soviet Union and East Germany, in response to the American-led boycott of the 1980 Summer Olympics in Moscow in protest of the Soviet invasion of Afghanistan; Romania and Yugoslavia were the only Socialist European states that opted to attend the Games. Albania, Iran and Libya also chose to boycott the Games for unrelated reasons. Despite the field being depleted in certain ...
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La Cienega Fedco
LA most frequently refers to Los Angeles, the second largest city in the United States. La, LA, or L.A. may also refer to: Arts and entertainment Music * La (musical note), or A, the sixth note * "L.A.", a song by Elliott Smith on ''Figure 8'' (album) * ''L.A.'' (EP), by Teddy Thompson * ''L.A. (Light Album)'', a Beach Boys album * "L.A." (Neil Young song), 1973 * The La's, an English rock band * L.A. Reid, a prominent music producer * Yung L.A., a rapper * Lady A, an American country music trio * "L.A." (Amy Macdonald song), 2007 * "La", a song by Australian-Israeli singer-songwriter Old Man River Other media * l(a, a poem by E. E. Cummings * La (Tarzan), fictional queen of the lost city of Opar (Tarzan) * ''Lá'', later known as Lá Nua, an Irish language newspaper * La7, an Italian television channel * LucasArts, an American video game developer and publisher * Liber Annuus, academic journal Business, organizations, and government agencies * L.A. Screenings, a tel ...
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The Free Library
''The Free Dictionary'' is an American online dictionary and encyclopedia that aggregates information from various sources. Content The site cross-references the contents of ''The American Heritage Dictionary of the English Language'', the ''Collins English Dictionary'', the ''Columbia Encyclopedia'', the ''Computer Desktop Encyclopedia'', the ''Hutchinson Encyclopedia'' (subscription), and Wikipedia, as well as the Acronym Finder database, several financial dictionaries, legal dictionaries, and other content. It has a feature that allows a user to preview an article while positioning the mouse cursor over a link. One can also double-click on any word to look it up in the dictionary. Site operator The site is run by Farlex, Inc., located in Huntingdon Valley, Pennsylvania. Farlex also maintains a companion title, ''The Free Library'', an online library of out-of-copyright classic books as well as a collection of periodicals of over four million articles dating back to 1984, ...
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PR Newswire
PR Newswire is a distributor of press releases headquartered in Chicago. The service was created in 1954 to allow companies to electronically send press releases to news organizations, using teleprinters at first. The founder, Herbert Muschel, operated the service from his house in Manhattan for approximately 15 years. The business was eventually sold to Western Union and then United Newspapers of London. In December 2015, Cision Inc. announced it would acquire the company. On January 1, 2021, Cision formally merged PR Newswire into the company, ending its status as a legal entity after 66 years. Cision plans to continue utilizing the brand name for the foreseeable future in the United States, as well as in Europe and the Asia-Pacific regions. History PR Newswire was founded in March 1954 by Herbert Muschel, who ran the business from his town house in New York City for the first 15 years of its operation. The company used telecommunications lines and teleprinters owned by Weste ...
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LexisNexis
LexisNexis is a part of the RELX corporation that sells data analytics products and various databases that are accessed through online portals, including portals for computer-assisted legal research (CALR), newspaper search, and consumer information. During the 1970s, LexisNexis began to make legal and journalistic documents more accessible electronically. , the company had the world's largest electronic database for legal and public-records–related information. History LexisNexis is owned by RELX (formerly known as Reed Elsevier). According to Trudi Bellardo Hahn and Charles P. Bourne, LexisNexis (originally founded as LEXIS) is historically significant because it was the first of the early information services to envision a future in which large populations of end users would directly interact with computer databases, rather than going through professional intermediaries like librarians. Available through IEEE Xplore. Other early information services in the 1970s met with f ...
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American Banker
''American Banker'' is a Manhattan-based trade publication covering the financial services industry. Originally a daily newspaper, the print edition ceased publication in 2016, with an online edition continuing to be updated. The first issue of ''American Banker'' was published in 1885, though it has been considered a continuation of the earlier ''Thompson's Bank Note Reporter'', a bank note reporter which began publication in 1842. Although often confused with the American Bankers Association or other industry trade groups, ''American Banker'' is unaffiliated with any portion of the banking industry. History ''American Banker'' claims descent from ''Thompson's Bank Note Reporter'', a periodical published by John Thompson. For this reason, ''American Banker''s masthead gives a founding date of 1836, though the best available evidence suggests that Johnson's paper began publication in 1842. During the free banking era, ''Thompson's Bank Reporter'' was the most widely read and t ...
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Retail Clerks International Union
The Retail Clerks International Union (RCIU) was a labor union that represented retail employees. History The RCIU was chartered as the "Retail Clerks National Protective Union" in 1890 by the American Federation of Labor. It later adopted the name Retail Clerks International Association, and subsequently became the Retail Clerks International Union. In 1979, the Retail Clerks merged with the Amalgamated Meat Cutters to form the United Food and Commercial Workers. In 1934 the RCIU created a local chapter in Milwaukee, which quickly grew to over 600 members. Soon after the RCIU petitioned the Boston Store to raise employee wages for its men and women and to also officially recognize the union, a move that the store's management refused with the justification that only a few of the department store employees were union members. The union began striking on November 30, 1934 and the number of picketers soon swelled to over 1,500 picketers, which helped the strike gain national atten ...
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Strike Action
Strike action, also called labor strike, labour strike, or simply strike, is a work stoppage caused by the mass refusal of employees to Labor (economics), work. A strike usually takes place in response to grievance (labour), employee grievances. Strikes became common during the Industrial Revolution, when Labour economics, mass labor became important in factories and mines. As striking became a more common practice, governments were often pushed to act (either by private business or by union workers). When government intervention occurred, it was rarely neutral or amicable. Early strikes were often deemed unlawful conspiracies or anti-competitive cartel action and many were subject to massive legal repression by state police, federal military power, and federal courts. Many Western nations legalized striking under certain conditions in the late 19th and early 20th centuries. Strikes are sometimes used to pressure governments to change policies. Occasionally, strikes destabilize ...
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