Word: chaine
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Dates: during 1960-1969
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...Kresge is a man as well as a variety store, and, at 97, he was recently called out of retirement to address the annual meeting of the chain that he forged. While stockholders applauded, old S.S. (for Sebastian Spering) got up and exhorted them to make Kresge "an outstanding five-and-ten-cent syndicate." That did not jibe with President Harry B. Cunningham's idea of his job, and he rose to his feet and said so. Smilingly, he reminded everyone that the nation's third largest variety chain (after F.W. Woolworth and W.T. Grant) has expanded...
Pheasant & Paperbacks. Most of the chains have begun to emulate the discount, drug and department stores that in recent years have lured away some of their traditional lower-priced business. This week Kresge will open seven more of its big K-Mart discount houses, bringing the total to 88 out of a chain of 870 stores. Last week Grant (1,097 stores) started building another of its huge Grant City stores, which are so much like department stores that they sell color TV sets and high-fashioned clothes. J.J. Newberry (548 stores) has opened 24 department stores under the name...
...chains still stock plenty of merchandise that is tasteless or downright tawdry, but they are also selling more and more higher-quality, higher-profit items. Kresge's K-Marts now offer some 35,000 items, including such new additions as hi-fi sets and frozen string beans. Woolworth's stocks diamond rings at $99.95, electric organs at $79.95 and canned Scottish pheasant at $6.98, has become the nation's largest retailer of records (40 million last year) and paperback books (15 million). Already the world's largest restaurant chain (1,706 luncheonettes), it is also planning...
...Cooley at Houston's St. Luke's Episcopal Hospital. Last week, with Schulman assisting, Cooley made a 51-in. incision under Ford's left armpit into the chest. The surgeon then separated Ford's ribs, and collapsed a portion of lung to expose a chain of nerves running along the backbone like a string of far-apart beads. About four inches of the nerves were removed, and the incision closed. The entire operation took barely 90 minutes...
...prisoners of our mechanisms, of the harsh or easy tyrannies of our bodies and of society. Possession of intelligence does not change this galling truth; it merely makes us aware of it. The rebellious spirit is jerked short by the end of the chain...