Word: haling
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...next year, plans to build eight more each year until 1970. Behind Federated and Allied among U.S. chains, it moved closer to second place last spring by acquiring stock control of Oregon's Meier & Frank, a move that caused a bitter battle with Los Angeles' Broadway-Hale. Last week it moved still closer. Long concentrated in the Midwest and West, May moved into the populous Northeast for the first time by buying, for $41 million, Hartford's 118-year-old G. Fox & Co. Silver to Underwear. The May Co. was as much chosen as choosing. Family-owned...
...Speaker, there being no further business," drawled Acting House Majority Leader Hale Boggs of Louisiana, "it is my honor and privilege to move that the first session of the 89th Congress do now adjourn." The clock stood at 12:52 a.m.; the Senate had quit two minutes earlier. To a chorus of yahoos, Speaker John McCormack banged his gavel, and the 40-odd members still on the floor headed jubilantly for the exits...
Enjoyable Surroundings. Broadway-Hale's stores and merchandise-"not the highest fashion, but in good taste " says Carter-reflect the character of the suburbs, where the company does 80% of its business. There are few cut-rate prices, but customers get what Carter likes to call "an atmosphere of quality"-surroundings carefully calculated to make the process of shopping smoother and more enjoyable...
...construction of a small new branch, double its size (and cost) and convert it into the national prototype of regional shopping centers with ample parking, underground deliveries, competing stores in the same complex. Unable to invade the rich San Francisco market directly, Carter doubled his sales by merging with Hale Bros later bought up the Dohrmann Hotel Supply chain for its hidden asset: a 24% interest in the highly profitable Emporium Capwell Co., northern California's top retailer (ten stores...
Community Footprints. Today, on top of a $174,000-a-year salary, Carter owns $6,600,000 worth of Broadway-Hale stock. He collects 17th century Flemish paintings, often drives to work in his black Jaguar, lives in Bel Air with his handsome second wife, the former Hannah Locke Caldwell, a member of the first (1936) U.S. women's Olympic ski team...