Word: cantors
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...Penultimate seat, Jay Cantor '70, who claims to have read every book ever written except the Bible...
Keefe Brasselle does impersonations. He has impersonated a song-and-dance man in the movies (The Eddie Cantor Story), a variety-show M.C. on television (briefly), and a TV producer (also briefly). This last imitation precipitated a ruckus that began at CBS four years ago. Brasselle had sold three programs, sight unseen, to his pal, CBS-TV President James (''The Smiling Cobra") Aubrey. The FCC and Aubrey's CBS bosses thought that this was a little strange, especially since the shows were dogs (The Reporter, The Baileys of Balboa, The Car a Williams Show). In addition...
Route Toward the Top. The route toward the top was plotted by Interstate's $151,250-a-year president, Sol W. Cantor, now 56. A 1932 law-school graduate (St. John's University), Cantor forsook the bar for the bargain basement as soon as he left the class room; he took a $12-a-week buyer's job at Interstate instead of a position in a law firm that would have paid him $10. At the time, Interstate, which had been formed by a 1928 merger of three Midwest department-store chains, was having a rough time...
Determined to get rid of marginal operations, Cantor sold or shut down 15 of Interstate's 46 department stores, put the proceeds into acquiring White Front and other discount chains, and expanded them at a rapid pace. This year alone, Interstate will open 15 to 20 new stores, including the San Francisco White Front...
Brisk Turnover. Among many cost-cutting techniques, Cantor has installed a centralized-buying operation, in which cash registers at key discount stores keep itemized sales records on tape for processing by a Manhattan computer. When stocks run low on a particular item, the computer automatically reorders it from the manufacturer. Store personnel can thus be freed from time-consuming inventory taking, and shelves are kept supplied for a brisk, six-times-yearly stock turnover, compared with three times for department stores...