Word: grocers
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...GROCER Eouard Leclerc of Landerneau, France, and Homebuilder John Long of Phoenix, Ariz, have much in common: they are both young entrepreneurs who have startled their respective industries by bringing low costs and high volume. See BUSINESS, Apostle Behind the Counter and How to Live Like a Star...
...three afternoon papers-World-Telegram and Sun, Post and Journal-American-have yet to recover the circulation they lost two years ago by raising the copy price from 5? to a dime. The Chicago Tribune now offers bargain advertising "zone rates" to hold fringe accounts, such as the corner grocer, who neither wants nor will pay for a citywide broadside. In Pasco, Wash., Sears, Roebuck began distributing handbill ads rather than accept the latest hike in ad rates. Moreover, newspapers, which once enjoyed a hefty 45% of the advertising pie, must compete with television. Last year alone...
Thirty years ago a middle-aged grocer named Donald Shapiro of Scranton, Pa. signed up with a group to whom his rabbi was giving a night course in the Talmud-the vast accretion of text and commentary that forms the body of Jewish law. They studied hard-an hour a night, six nights a week. This week, after about 9,000 hours, retired Grocer Shapiro, 78, completed the course...
...Banner" Price Hike: "We're not apologizing for the rate increase. We don't recall that our favorite grocer knocked himself out explaining when our favorite 46-oz. can of tomato juice jumped from 19? two years ago to 36? as of today. There's nothing prohibitive about $4 a year for a home-town newspaper. That's about 7½ ? a copy. About half our readers loll around coffee shops swilling from four to twelve cups of 10? coffee every day. They shouldn't squawk about paying the price of one cup of coffee...
...that profits from the plan not only run 50% higher than on personal loans, but that it has helped boost personal loan business 40% by popularizing credit. Said Hassinger: "Don't be surprised if this plan does ultimately displace most everything but the open charge account with the grocer and other retail outlets...