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By the time Upham launched his publicity campaign in March, however, his business had clearly evolved from a modest retail operation into a high-volume wholesaling enterprise.
Lands' End, another catalog company with a modest retail presence, was sluggish before it was bought by Sears, Roebuck last year.
When it was still known as Sherry Wines & Liquors it occupied a small shop at 678 Madison Avenue (now part of 680) from 1938 to 1948, when the block was taken up mostly by modest retail businesses.
Nor can its modest retail banks attract much custom for the other businesses, such as stockbroking, under the Citibank umbrella.Optimists say Citi's small size in these markets gives it more room to grow, especially as its main competitors are relatively unsophisticated local banks.
Although it had first been proposed in 1999 as a modest retail center on one block of land, the final project included 700,000 square feet of commercial development; 1,500 housing units, including four condominium towers of more than 25 stories; 1,000 new parking spaces; and an underground Metropolitan Transportation Authority bus depot.
Yenku used this money to develop a modest retail business.
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"The price of crude oil is still slightly below where it was at this time last year and, even allowing for a modest rise, retail gasoline prices can be expected to remain well below the $4.00 a gallon mark".
The ground floor will have what Richard Clark, the president of Brookfield Financial Properties, the building's owner, called "a modest amount" of retail space, less than 10,000 square feet.
WASHINGTON, Aug. 13 (AP) — Consumers went shopping for clothes, furniture and electronics products last month, giving a modest boost to retail sales despite continued weakness in the demand for new cars.
On November 21st RIL said it had offered to buy LyondellBasell for an undisclosed sum, thought to be around $10 billion-12 billion.RIL is already India's biggest private company, earning revenues of $29 billion in the most recent financial year from its oil refineries, petrochemical plants and polyester sales, together with a modest contribution from retailing.
Richard Feinberg, director of the Purdue Research Institute, sees at best a modest 2percentto4percentcent rise in retail sales over last year, though he projects a 22percentt increase in Internet sales.
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