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...getting so that anyone is just a damned fool to buy anything at retail," said James Shea, a big Dallas electric-appliance distributor. Shea, like many another U.S. appliance jobber, is finding that more & more of his business is coming from "discount houses" which offer everything from washing machines, refrigerators and TV sets, down to fountain pens, at 20% to 30% below list price...

Author: /time Magazine | Title: RETAIL TRADE: Get It Wholesale | 2/4/1952 | See Source »

...Supreme Court's breach in fair-trade laws a year ago. Like after-hours saloons, discount houses often issue "membership cards" to their customers. Some discounters have little more than a small office and a catalogue; the customer orders from the catalogue, and the discounter calls a distributor and has the product delivered...

Author: /time Magazine | Title: RETAIL TRADE: Get It Wholesale | 2/4/1952 | See Source »

...could talk a mole out of his hole." He blew into town in 1939, soon landed a job selling Dodges. In two years, he was selling more Dodges than anybody else in the region, set up his own business, Fred Ward Inc., and started selling Hudsons. Soon he was distributor for Colorado, Wyoming, New Mexico and Nebraska...

Author: /time Magazine | Title: HIGH FINANCE: A Selling Fool | 1/21/1952 | See Source »

With his brewery profits, Soriano has bought mines, dairies, factories, forests, a radio station, owns the third largest Coca-Cola bottling franchise in the world, acts as Philippine agent for five insurance firms, distributor for Philip Morris cigarettes and Lord Calvert whiskey. Nor are his interests purely local. He controls Kansas City's George Muehlebach Brewing Co., bosses gold mines in British East Africa, a development company in Spain. His holdings stretch so far & wide that one top executive, who has been with him 15 years, says: "I still haven't been able to memorize even the names...

Author: /time Magazine | Title: CORPORATIONS: King of the Islands | 8/27/1951 | See Source »

...carefully denied that he had intended to tip anyone. In fact, he said, he had gotten his dope out of a broker's letter reporting that Walter Mack, onetime boss of Pepsi-Cola, "was trying to buy control of N.P. & L. to be used as distributor for a new soft drink firm...

Author: /time Magazine | Title: WALL STREET: The Big Tip | 6/11/1951 | See Source »

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