Word: darting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...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...
...purchase is a natural for United Drug, for Sontag's miniature department stores, grossing $15,000,000 yearly, are 90% noncompetitive with the 122 Owl Drug Co. stores which United now operates in California. It also marks the first expansion move for United under Dart. When Dart, ex-son-in-law of Walgreen Co.'s Charles R. Walgreen Sr., went to United in 1942 (TIME, May 11, 1942), he started to contract sprawling United. He telescoped three candy and confectionery plants into one and consolidated the company's stationery-manufacturing units, along with purchasing, advertising, financial...
...from under costly leases signed in the late '20s and early '30s, took advantage of the easy-money market to cut annual interest charges from $1,500.000. to $650,000. Sales, which amounted to $122,000,000 in 1942, will pass $145,000,000 this year. Dart, taking no credit to himself, attributes the gain to the war boom and says that the results of his improvements are yet to be reflected. But profits before taxes rose from $7,520,092 in 1942 to $10,066,640 last year. Thus United was in shape to expand again...
...Dart picked the West Coast for a reason which Westerners cannot hear too often, especially from Easterners: the West Coast will be the nation's fastest growing section after...
...gymnasium will be decorated to resemble a gay street fair, with booths of the ten United Nations, entertainment booths, dart throwing, palmists, and refreshments. The Radcliffe Choral Society will sing later in the evening, and incidental music will be provided by strolling players...