Word: brennans
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Past participants in the program include Professor of Law Gary Bellow and Supreme Court Justice William J. Brennan...
...expected to taper off considerably. While consumers seem to have taken the stock-market crash in stride, they are becoming worried about the debt load they are carrying. Result: the overabundant department stores, discount outlets and specialty boutiques will be fighting ever more fiercely for consumer dollars. Says Bernard Brennan, chairman of the Montgomery Ward chain: "There's no question about the upheaval in the industry...
...threat that Sears Chairman Edward Brennan, older brother of Montgomery Ward's Bernard, does not take lightly. Under Brennan, who took over in 1986, the company is beginning a major reorganization of the 8,200-member headquarters staff in Chicago. Layers of management are being reduced so that Sears can respond more quickly to changes in fashions and consumer tastes. Managers responsible for buying different kinds of products will be given more freedom to make swift decisions. Says Michael Bozic, who heads Sears' merchandise group: "We've empowered all of our managers to design the kind of organization they need...
...Ward saddled the oil company with losses that exceeded $100 million a year in the early 1980s. From 1983 to 1987 Ward fell from No. 6 to No. 12 in the retail rankings as its sales declined 30%, to $4.6 billion. But in 1985 Mobil brought in Bernard Brennan to turn things around. Brennan slimmed down the company, selling its catalog operation and a troubled discount division. He transformed many of the remaining stores, filling them with attractive specialty departments. When Ward returned to profitability, achieving record earnings last year of $130 million, Mobil moved...
...Brennan, who occasionally lectures at the Harvard Law School, said that as the relationships between physicians and medical institutions evolve, "the ethical principles that govern the profession must change...