Word: hahn
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...department store in Brooklyn in 1928. He revamped Loeser's antiquated accounting system, helped keep it on an even keel when the Wall Street crash swamped many a retail store, became its $50,000-a-year president in 1931. Three years later, he was boss of Hahn Department Stores, a shaky nationwide 57-unit chain...
Puckett lopped $5,000,000 in preferred stock arrears off Hahn in capital reorganization, changed its name to Allied Stores. Then he sharply reduced the authority of the central office management. "I don't want any brain-trusters for managing directors," explained Puckett. "All I want is good top sergeants." Like a good commander, he delegated authority to his store managers in the field, left them alone if they produced sales. To supply his retail army with plenty of sales ammunition, Puckett built up private Allied lines in sheets, men's clothing, appliances...
...merchandising of unhappiness pushed Allied's profits from $25,000 when he took over to $13.7 million in 1950. Last week, as he puffed on a six-inch, 60? Havana cigar (he smokes 20 a day), 53-year-old Earl Puckett talked of a bigger aim. "When Hahn Department Stores was organized in 1928," said he, "they promised that it would become a $500 million-a-year company. We aim to make good on that promise...
...concert, scheduled for 8:30 p.m. in Rindge Tech, will also include "The Scarf Dance," a satire on the 1920's, featuring Mrs. Ina Hahn, leader of the Dance Group...
Experiment in International Living, contact Roger Hahn '53, Leverett...