Word: chaine
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Dates: during 1960-1969
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...from pressures, as Korvette's experience plainly shows. Though Founder Eugene Ferkauf revolutionized retailing with his approach to discounting (TIME cover, July 6, 1962), Korvette's haphazard management was not equal to its ambition of simultaneously upgrading merchandise, adding new services and expanding the New York-based chain into the midwest. To check his chain's decline, Ferkauf last year merged into apparel-making Spartans Industries (which has promised the Federal Trade Commission to sell its own 96 Spartan-Atlantic discount stores) and turned over the reins to Spartans Chairman Charles Bassine...
Ahmanson built Home into a powerhouse by nimble footwork and by devising new tricks to woo business. Before the rest of the industry awoke to the advantages of big-scale operation, he snapped up 18 other associations to form, almost overnight, the first major S. & L. chain. By offering to split profits with cash-shy builders, he soon grabbed a commanding share of the Southern California home-loan market...
...chain-gang picture has been in stir for years. Now it has turned up again, paroled as Cool Hand Luke, a close study of conditions in a Southern prison. Like its most celebrated predecessor, I Am a Fugitive from a Chain Gang (1932), Luke is the story of a simple man who falls afoul of the law and mechanically becomes destroyed by a so-called house of correction...
...overwork Luke until he grovels at their feet for mercy, the inmates turn their backs on him. Luke, played by Newman with his customary cocky resilience, has one more race up his sleeve, steals a truck when the guards casually turn their backs on him, and zooms off. Chain Gang showed Paul Man failing with success-he made good his escape, but turned to crime to stay alive. Paul Newman succeeds by failing. His end is tragic, but he again becomes a folk hero to the men he leaves behind...
...Rice point out, White is enormously good-natured. Tuesday night, after he had delivered his victory speech to the packed Sheraton-Plaza ballroom, a cordon of Boston police tried to move White and his family through the mob and to an elevator taking him to his private suite. The chain of police finally pushed and shoved through the cheering crowd of celebrators and got the official party into the elevator. The crowd began to move away from the elevator when suddenly the elevator door opened and the Boston police--red-faced--moved out and into the crowd again. Broken elevator...