Word: grocers
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
Rasmussen. For his money, Weston will become the third biggest grocer on the North American continent, with $1.3 billion annual sales and 1,025 stores (712 National Tea stores, 313 in Weston's Loblaw chain) in 14 U.S. states and Canada. Only A.& P. and Safeway Stores are bigger. For Capitalist Cuneo, who bought 348,000 shares ten years ago at about $5 a share, the deal was a bonanza. By selling all but 5,000 shares at a reported price of $60 a share, Cuneo made a profit estimated at nearly $20 million...
...grassfire spread of trading stamps has also touched off a hot argument among retailers. Many an independent merchant swears by stamps as the best answer to chain-store com petition. Says San Francisco Grocer Wayne Bingham: "They're like a snowball, once you get the thing rolling. Let one customer get his first premium, and the whole community is going to hear about it. For us, that's better than any ad over television." But the stamp plan's biggest foe, giant Safeway, calls it nothing but "a shell game to distract the consumer from the fact...
While merchants argue among themselves, U.S. housewives seem in solid agreement that stamps are dandy. In one busy day a West Coast grocer ran a check on his 1,700 shoppers, found that only one failed to ask for stamps. Grand Union President Lansing Shield has a simple explanation for the stamps' popularity: "Getting something for nothing and the squirrel instinct -some people even save string." For the budget-strapped housewife who needs a new toaster or set of dishes, and can get them simply by collecting stamps for money she had to spend anyway, the plan is irresistible...
Died. William Spellman, 97, onetime New England grocer, father of Francis Cardinal Spellman. Roman Catholic Archbishop of New York; in Abington, Mass...
...Tycoon. A hearty, glad-handing man of 61, McNamara is one of eight children of a St. Louis bricklayer. He began his business career at nine, outside Sportsman's Park, selling newspapers and score cards. He quit school at twelve, drove a team of horses for a local grocer for $4 a week and, at 21, failed at running his own grocery. In 1917 he took a job in a St. Louis store of the Kroger chain, eventually became chief trouble-shooter for the whole chain (3,174 stores). He quit to join National Tea because Kroger rejected...