Word: gimbel
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...famed merchants' war came into the open last year when Gimbel Bros, through large advertisements, attacked the veracity of any statement about their being undersold. Last week a similar war flared up. Macy's advertisements bore the footnote : "It is Macy's policy to endeavor to undersell, by at least 6%, the marked prices of all its competitors who do not sell exclusively for cash. We are not infallible. Others may, on occasion, sell merchandise at prices lower than we do. But only until we find...
Died. Isaac Gimbel, 74, board chairman and retired president of Gimbel Bros. Inc. (Gimbel Bros, and Saks, seven department stores in Manhattan, Chicago, Philadelphia, Milwaukee, Pittsburgh); of bronchial pneumonia, after several years paralysis; at "Chieftains," his Port Chester, N. Y. home. Born in Vincennes, Ind., son of a Bavarian immigrant storekeeper, he grew up in the business, ran many a store with his father and his brother Jacob. Opening the Manhattan store in 1910, he succeeded President Jacob ("The Judge") Gimbel at his death in 1922, merged the business with Saks & Co. in 1923. He retired...
...Gimbel's volume (including Saks) was $113,000,000 against...
Late last year bankers for American Woolen Co. prevailed upon two capable executives to accept high positions in Woolen. They were William Bishop Warner, president of McCall Corp. and now Woolen's chairman, and Lionel ]. Noah, until February executive vice president of Gimbel's department store, now Woolen's president (TIME...
...have to say the drinking stops, for I always say to the bartender or the owner: 'Aren't you ashamed to be in such a contemptible business?' " Amos (Freeman F. Gosden) and President Matthew Scott Sloan of New York Edison Co. were guests of Bernard Gimbel, department-store man, at a luncheon in Manhattan. Chaffed Tycoon Sloan: "Now tell us, what made Madame Queen faint in the courtroom?" Retorted Amos: "She saw her electric light bill...