The only way is up: retail format saturation and the demise of the American five and dime store, 1914-1941

We examine a classic ‘wheel of retailing’ episode – the abandonment of the five and dime pricing formula by American variety chains. These switched from a conventional product lifecycle, focusing on cost reduction through standardisation, to a reverse path up the ‘service cost - unit value’ continuum. We show that, rather than reflecting deteriorating managerial acumen, this was a response to the continued imperative for growth following retail format saturation. Firm-specific (rather than format-specific) competitive advantages were too weak for any chain to be confident it could win a within-format price war, making inter-format competition through raising price points more attractive.

Arthur Miller: Spirituality Explored

Following the overview of his life, I will discuss in depth various theme that Miller presents in his writing by closely analyzing four of Miller's plays. I will give you a brief setting into which Miller wrote the various plots.

Tatler (Volume 12 1914)

The Winthrop yearbook was published from 1898 to 2002. It has been known as the Tatler since its inception except for 1904 (Lang Syne) and 1918 (Tatler a la Guerre). No yearbook was published in 1900, 1902, 1903, 1905,1906.