Word: fiveyears
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...more than halfway through Scott's "fiveyear plan" for making A. & P. solidly profitable, the results are dismal. Last month A. & P. reported that earnings in the quarter ended Aug. 27, the second period of its fiscal year, dropped a sickening 88% below a year earlier, even though sales rose 2.4%. After that news broke, President Gentry resigned. He has been succeeded by David W. Morrow, 46, who once worked with Chairman Scott at Albertson's, a food and drug chain based in Boise, Idaho. Though A. & P. is closemouthed about the profit crash and the executive shift...
...Hisham Nazir, a graduate of the University of California at Berkeley, is Minister of Planning. That makes him boss of the world's largest and most ambitious development plan: a fiveyear, $142 billion scheme to build plants, roads and housing...
...Choi calls the kiri-komi (swashbuckling assault) on the Middle East, South Korea's trade deficit for the first quarter of 1976 is down to only $100 million, and the prospects look bright for still more improvement: Saudi Arabia alone will need a million foreign workers for its fiveyear, $60 billion development plan...
...Boston's insatiable hockey fans it was a slick-and dirty-trick. Bobby Orr, 28, their defenseman without equal in the history of the game, was skating off to become a Chicago Black Hawk. What would make beloved Bobby leave the Bruins? A reported fiveyear, $3 million contract. What would enable all Boston to blink back the tears? The knowledge that Orr's rickety left knee (five operations in the past eight years) allowed him to play only ten games last season. But at week's end Orr checked out of a Toronto hospital, where doctors examined...
...fleeting moment last weekend, the stripe edged toward a rendezvous with destiny. Because of the 1980 expiration date on faculty bursars cards and an inaccurate mailing list, some departed Corporation appointees received fiveyear I.D. cards...