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...EVERITT...

Author: /time Magazine | Title: Letters: Aug. 11, 1930 | 8/11/1930 | See Source »

Mail Order Cut. To his 10,000,000 customers President George Bain Everitt of Montgomery, Ward & Co. wrote 10,000,000 letters last week. Gist of the letters was that prices had been cut drastically, time payments would henceforth be allowed on purchases of $25 and over. At once President Robert E. Wood of Sears, Roebuck & Co. told reporters: "Prices in the new autumn catalog of Sears, Roebuck & Co. are the lowest in ten years." Cause: suggested in President Everitt's statement that "we are placing orders for millions of dollars' worth of merchandise at the new low commodity levels...

Author: /time Magazine | Title: Business: Deals & Developments: Jul. 21, 1930 | 7/21/1930 | See Source »

Mail Order. Rumored and vigorously denied last week: that Sears, Roebuck & Co. will merge with its biggest and bitterest competitor, Montgomery Ward & Co. To tales that Sears, Roebuck's General Robert E. Wood and Montgomery Ward's George Bain Everitt have been engaged in conferences, General Wood stated: "We had luncheon together several times and have discussed certain things of mutual interest, hut if there is any trend toward consolidation I do not know about it." Wall Street cynics read the denial, remarked that a problem of mutual interest must be how to get mail order shares back...

Author: /time Magazine | Title: Business: Deals: Mar. 31, 1930 | 3/31/1930 | See Source »

...Corp., a $60,000,000 midwest investment trust. The directorate of the new corporation is of the top stratum of Chicago's financial world. Packers are represented by Edward F. Swift, vice president of Swift & Co., and F. Edson White, president of Armour & Co. Merchants include George B. Everitt, president of Montgomery Ward and James Simpson, president of Marshall Field. The present Marshall Field conducts the investment house, Field, Glore & Co., which financed the issue. Industrialists on the new board include Sewell L. Avery (U. S. Gypsum), Edward F. Carry (Pullman Co.), Robert P. Lament (American Steel Foundries), George...

Author: /time Magazine | Title: Business & Finance: Chicago Corp. | 2/25/1929 | See Source »

...South Dakota-born George Bain Everitt was first accountant, then cloak-and-suitman. He went into the Encyclopedia Brittanica Corp., dropped it for the textile business. In 1921 he went to Montgomery Ward, becoming president in 1926. At forty-three he is representative of Chicago's clan of young, debonair, clubmen-executives...

Author: /time Magazine | Title: Business & Finance: Bulls' Pride | 10/29/1928 | See Source »

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