Word: burlington
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...personality had made him unpopular with some other executives of the world's largest textile company (annual sales: $2 billion). Nonetheless, Klopman, then head of the apparel-fabrics division, was chosen last April over three other executive vice presidents, largely because he had been running a segment of Burlington that was generating a hearty share of the company's earnings. Indeed, Klopman, a tall, lantern-jawed New Yorker who had helped his father run a family company that Burlington bought in 1956, is known throughout the industry for his relentless desire to wring out maximum profit...
...boss, Klopman has been following the same strategy; among other things, he has been pushing the company's hosiery division to move faster in following a marketing swing out of department stores and into supermarkets and drugstores. In his first quarter as president, ended last June, Burlington posted profits of $27.5 million, about 20% above the same period last year. But the success has brought little harmony in the executive suite; with in a single week this summer, two executive vice presidents, Raymond E. Kassar and George L. Staff, abruptly resigned. Some 20 lesser executives have left or been...
...very few papers stayed with the President to the end. One of these was the Burlington (Vt.) Free Press, whose editorial-page editor, Franklin B. Smith, recalled that Nixon had "served far beyond the call of duty to make this a better land, but the American people-horribly misled by a national press which mouthed freedom but practiced license -rejected greatness through means which disgraced everything for which this nation used to stand...
Editors and publishers are not laughing. Some news executives indeed agree that biased liberals bent on vengeance are using Watergate to bring down an old foe. That is the view, for instance, of Eugene C. Pulliam (Arizona Republic, Phoenix Gazette, Indianapolis Star), Franklin B. Smith (Burlington, Vt, Free Press) and William Loeb (Manchester, N.H., Union Leader...
State Rep. Robert A. Vigneau (D-Burlington) argued Wednesday that because of the growing debate over rent control, a full study is necessary before acting on the present...