Word: heralds
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
...Collars. A major beneficiary of all these rises was Macy's of Manhattan, the anchor and source of Macy's network of stores (many of them under different names, such as Lasalle & Koch of Toledo, Davison's of Atlanta). Macy's 21-story store in Herald Square, which takes up a city block and has 21 acres of selling space, is a display case for more than 400,000 items of merchandise, each one of which is kept in at least a week's supply...
...Queen Elizabeth's coronation by purchasing six Macy's gowns (size: 24). Some of the most avid customers are the visiting materialists from Russia and its satellites, who enjoy picking at Macy's the fruits of capitalist enterprise. For those who cannot make the trip to Herald Square, Macy's has a personal shopping service. Among millions of routine assignments, it has dispatched six bottles of Coppertone to a sunburned Englishman in Libya and enough nylon material for the wife of a Kuwait sheik to make a tablecloth to accommodate 84 diners...
...Brighter Breed. Straus has guided the store through a new era of change and crisis in retailing. The rise of discounters, the flight of customers to suburbia and the thickening traffic snarls have hurt all downtown stores, but they particularly challenged Macy's aging Herald Square store. The store was never the fanciest bazaar in Manhattan, and it has also become outmoded: less than 50% of its area can be devoted to selling space v. 75% in newer stores. Its sales, while huge, have barely changed in ten years. The store rings up a quarter of the Macy chain...
...combat such conditions, Macy's has reached far beyond Herald Square under Straus, who determined to take it to where the customers are. In the past ten years he has doubled the number of stores, and he plans in the next three to five years to raise the total from 49 to 60, expanding in California, Georgia, Missouri, New York and New Jersey. While most of the expansion has been in the high-growth, low-tax suburbs, Macy's has begun to build in government-subsidized urban redevelopment areas. But Straus vows: "I won't build anything...
...Andres Soriano, 66, Philippine industrialist-financier who built a personal fortune estimated at $80 million, first as president of the family-owned San Miguel Brewery, then as chief stockholder of an ever-proliferating flock of businesses that included at one time or another the Philippine Air Lines, the Philippines Herald, and mining, fertilizer, electronics, engineering and insurance companies; of cancer; in Boston...