Word: chaine
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Boxing Lessons. That is the only struggle of note that Pierre Trudeau has experienced. He grew up in the affluent Montreal suburb of Outrement, the son of a self-made millionaire whose empire included an auto-breakdown service and a chain of gas stations. (Today, the family fortune is estimated at $7,000,000.) Young Pierre was driven to school by a chauffeur, as a boy was given private boxing lessons "because I was quite a puny child." Trudeau's father died when he was 14, and the loss saddened him for years. He went to a Jesuit college...
...stores will be hard pressed to match President Byron Jay's own express checkout. Three weeks ago, only 13 months before reaching A. & P.'s mandatory retirement age of 65, Jay ended a 41-year, up-from-clerk career with the nation's biggest food chain by 1) chucking the $151,000-a-year job he had held since 1964 and 2) packing himself off to deep seclusion...
...their annual meeting in Manhattan, A. & P. was in a first-rate tempest. With their stock crushed down from its 1961 peak of $70 (it closed last week at $26.75), A. & P. shareholders have long been restless over the company's declining (now 18%) share of grocery-chain sales. Last year its profit of $56 million (on sales of $5.4 billion) was off a bit from the previous year, despite Jay's robust prediction that earnings would be "running at a record pace...
Costly Distinction. Such steps have yet to fatten A. &P.'s slim profit margin, which, at 1% of sales, is far narrower than the 1.5% achieved by Safeway, the second-biggest chain. Many stockholders, particularly heirs of Founder George Huntington Hartford, who started the chain 109 years ago, place much of the blame on a foundation set up by Hartford's sons, John A. and George L. Hartford, which holds the biggest single block (34%) of A. & P. stock. They maintain that the management-dominated foundation (eight of ten trustees are present or past A. & P. executives...
...Beverly Hills-based Home Savings & Loaji Association, which, with assets of $2.5 billion, is nearly double the size of its nearest rival. Ahmanson built it from a single Los Angeles S & L he picked up in 1947 for the fire-sale price of $162,000. All told, the chain now serves some 775,000 depositors at 32 branches, takes in $1,000,000 a day in new deposits...