Word: grossness
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Dates: during 1950-1959
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...JAZZ STEAMBOAT with Marty Gross...
...eighth printing. So far it has sold 285,000 hardback copies ($5.75 each), plus 2,800,000 in a Reader's Digest condensation. On Broadway, Producers Robert Fryer and Lawrence Carr plan to stage Advise and Consent next autumn. Counting the Preminger deal, Drury could gross more than $500,000 from his book. At week's end New Novelist Drury announced he would resign from the Times, to write more books and become the Reader's Digest Washington Correspondent...
...supermarkets are operating in Turin, two more in Bologna, another two in Naples. Rome alone has seven supermarkets. Last week Italy's big La Rinascente department-store chain jumped into the field, bought Rome's big Supermercato S.p.A. for a reported $750,000, and expects to gross $3,000,000 annually by offering customers 2,000 items at prices 15% below small stores. One big gainer from the new supermarkets: the Italian government, which levies a 26.85% annual tax on supermarket income v. only 14% charged smaller dealers. What is more, the supermarkets pay up, which cannot...
...Billion in Britain. The supermarketeers are firmly established in Britain, where self-service is already a major business. Ten years ago, there were only 500 self-service stores, doing less than $50 million annually. Today, Britain has more than 5,000 self-service stores, with a total annual gross of nearly $1 billion, and at least 90 new stores join the ranks each month. This week, Britain's fastest growing chain, Cookie (Allied Bakeries) Magnate Garfield Weston's Fine Fare Ltd., will open three big supermarkets in a single day, plans to double his chain of 39 stores...
...American Airlines Captain Don Tillett bought the Sitton Septic Tank Co. of Chicago for $35,000 four years ago, increased the gross to almost $130,000 last year...