The $7,000,000,000 room boom
Article Abstract:
Americans will spend an estimated $7.6 billion remodeling 3.9 million kitchens in 1986. This record sales year is partly due to the fact that major appliances tend to have a ten-year life span, and the middle years of a decade tend to be the high end of the consumer purchase cycle. Another factor has been the changing living patterns of many American families; families with two working parents require fast, convenient appliances. Also, kitchens are less likely to be separated by walls and more likely to serve social as well as utilitarian functions. The typical appliance buyer is a 35 to 44 year old head of a household who is looking to upgrade his original kitchen equipment, but there is also a substantial market of over 65 year old consumers who are looking to replace old appliances with scaled down equipment.
Publication Name: Madison Avenue
Subject: Business
ISSN: 0024-9483
Year: 1986
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Sluggish Economy Held Down Total Pay of Finance Executive in 1982-83
Article Abstract:
A decrease in executive cash compensation in 1983 is due to the slow economy from that period. A survey of senior management salaries provides information regarding performance bonuses. These surveys are meant to be planning guides for companies desiring to offer competitive salaries.
Publication Name: Cashflow Magazine
Subject: Business
ISSN: 0196-6227
Year: 1984
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