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This is A. & P.'s second major effort recently to fatten profits. Early in 1972, to boost the drooping sales, the chain began converting all its stores to discount outlets under the all-but-abandoned WEO ("Where Economy Originates") program. The first year it lost $51 million. Since 1973, it has been back in the black, but it may show a loss for its most recent quarter. Profit margins have shrunk to less than half of the 1? on a dollar that the company had traditionally earned. Part of the problem has been A. & P.'s inclination...

Author: /time Magazine | Title: RETAILING: A. & P.'s Big Close-Out | 3/24/1975 | See Source »

...fiction. He is disdainful of formal literary criticism, claiming it has led to a strain of obscurity in fiction in the United States. The critics, academic mandarins in Bretnor's terms, have advanced the concepts of obscurity so that they alone could interpret fiction and poetry, and in turn fatten their paychecks with their reviews. Through the critics, Bretnor contends. American poetry became "formless, unreadable and unintelligible," and the short story was "devitalized into the non-story." With science fiction reaching the college campuses, Bretnor writes...

Author: By Jefferson M. Flanders, | Title: Facing A New Audience | 2/11/1975 | See Source »

...Strathmyer added a decision at 177 to fatten the Crimson bulge, but Penn's Don Haines pinned Harvard's Sal B. Agostino at 190 to set the showdown between heavies Kip Smith and Quaker Steve Glasgow...

Author: By Francis T. Crimmins jr., | Title: Grapplers Lose to Princeton, Pin Penn in Triangular Meet | 2/3/1975 | See Source »

...things going for it. Poor profits have slowed the pace of supermarkets' expansion in the U.S., and record crops this year are expected to fatten food supplies. As a result, almost all existing stores should increase their sales and profits. "Anybody with a piece of sense should be able to make money," says Analyst Camilla Dietz of Furman Selz Mager Dietz & Birney Inc. That seems to be the view of A. & P. management too. Since last spring, top executives and directors of the firm have been quietly increasing their holdings of the company's stock...

Author: /time Magazine | Title: RETAILING: Winning with WEO | 6/3/1974 | See Source »

...Crimson cagers, hardcourt heroes after their 78-63 upset over Brown Sunday night, will wander to Worcester tonight will visions of a third season victory to fatten their Christmas stockings, as the holidays begin...

Author: By Robert T. Garrett, | Title: Cagers to Battle Holy Cross | 12/18/1973 | See Source »

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