Word: chained
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Dates: during 1940-1949
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Parachutes and Stockings. Primemover behind this rise that carried the eleven-store Gimbel chain ahead of arch-rival R. H. Macy & Co. as well as Federated Department Stores and May Department Stores, is greying Bernard Feustman Gimbel, 59, robust, genial patriarch of the Gimbel clan. He had a hunch that the war would boom retail sales. So he turned his buyers loose with instructions to order all they could of consumer goods which would be among the first casualties...
...prediction: "The best 100 years lie ahead." Last week the Gimbel mercantile dynasty proudly ended its best year. The gross for 1944 was estimated at an alltime high of upwards of $190 million. Result: Gimbel's, in fourth place in 1942, is now the leading metropolitan department store chain...
...nation's largest drugstore chain last week added 48 more links. Through his United Drug Co., young (37) President Justin W. Dart bought California's Sontag Chain Stores Co., Ltd., the state's third largest chain, whose fluorescent-lighted stores sell more hosiery and housewares than drugs...
...farmers trying to run a few busses." To the list of 31 cities in which the brothers already run their "few" busses and streetcars, they added another last week-Los Angeles. Through American City Lines, Inc., a subsidiary of National City Lines, Inc., top holding company in the Fitzgerald chain, the brothers bought the stock of the $50,000,000 Los Angeles Railway Corp. from the estate of Henry E. Huntington, one of the builders of the Southern Pacific Railroad, and collector of art, books and legends. A group of 14 investment banking firms bought the Railway Corp. bonds. Total...
Postwar U.S. readers may get not only more and cheaper books but better ones. Wrote Publisher Bennett Cerf (Random House) in the New York Post last fortnight: "The creation of a great reprint and chain-store market simply means that a deserving book will earn far more than it ever did before. The added bait may even dim the siren song of Hollywood in young authors' ears and persuade them to concentrate, as they did long, long ago, on making their every book the very best that they know, how to write...