Word: dealership
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Dates: during 1960-1969
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...athlete-entrepreneurs, and they are scoring as handsomely in business as they have in baseball, football, basketball or track. "It could be that black athletes are setting the pattern, building the momentum," says Ernie Banks, the Chicago Cubs first baseman, who is a partner in a flourishing Ford dealership on the South Side. Though the appearance of black athletes in force is a fairly recent phenomenon, already about 1,000 black-owned enterprises are run by past or present stars of sport...
Black athletes are capitalizing on their star value in the fast-growing field of franchising. Wilt Chamberlain has a Diners Fugazy Travel franchise in Los Angeles, and Lou Brock holds a Dodge dealership in East St. Louis. Retired Celtics Forward Willie Naulls, who now lives in Los Angeles, has a Kentucky Fried Chicken franchise and a shopping center in the Watts-Compton area. He plans to open his own chain of Soulville, U.S.A., take-out food stores, which are to be designed along the lines of the shack he lived in as a child in Texas. Brady Keys, a former...
B.M.C., which claims that the Japanese cars are poorly trimmed and underpowered, has fought Honda's efforts to establish a dealership network. Says Lester Suffield, B.M.C.'s deputy managing director in charge of sales: "Of course we are getting tough. It has taken us 50 years to build up our sales network, and we don't intend to give one inch on this vital issue." Especially grating is the fact that the little Japanese cars coming into Britain pay a 22% duty, while mini-size cars entering Japan...
...Johnson's Chicago rivals is Ford's first Negro-owned dealership, opened in July by Cubs First Baseman Ernie Banks and Partner Bob Nelson. The industry's only other Negro dealer, Detroit's Ed Davis, got his Chrysler-Plymouth franchise five years...
...Mafia. While police doubt any connection between the murders of Car ter and Superspade Thomas, many hippies believe that Thomas was killed by Mafia mobsters who wanted to eliminate competition. Thomas had a highly successful drug dealership, was on his way to make a $40,000 pickup when he disappeared. Hippies also think that the syndicate is tipping the narcotics squad on small pushers in order to drive them out of the psychedelic market. However, Matthew O'Connor, head of the state's narcotics enforcement squad in San Francisco, says flatly: "Neither the Mafia nor any other syndicate...