Word: ince
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Dates: during 1940-1949
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Like an oriental potentate who has beheaded all of his viziers, iron-fisted Sewell Lee Avery sat last week in lonely splendor in his paneled throne room at Chicago's Montgomery Ward & Co., Inc. For one day along the hushed executive corridors he could knock on any door and find no one at home. In Ward's top command, everyone else had quit. There was nobody left but old Sewell, who had once said: "I'll be here until I'm six feet under...
Behind this singing commercial perpetrated by Robert Hall Clothes, Inc., lies the solid substance of a merchandising phenomenon which has made other U.S. retailers green-eyed with envy. In eight years, Robert Hall Clothes, Inc. has mushroomed from a single store in an old loft in Waterbury, Conn, to a chain of 75. The stores have no fancy fronts or Hollywood interiors. But they do have men's suits & coats from $19.95 to $38.95 and women's dresses from $2.95 to $10.95. Their low overhead is a fact: they are in the cheapest possible quarters. By slashing markup...
...purpose of this letter is to correct an erroneous impression given by my March 28th Publisher's Letter on Robert Low, TIME Inc.'s Eastern European Correspondent. Discussing the growing difficulty of reporting the news behind the Balkans' Iron Curtain, the Letter said: "The Curtain is securely fastened now-except for Communist and fellow-traveling foreign journalists ..." This was unjust to the small, hard-working group of U.S., British and other non-Communist foreign correspondents still doing their jobs in the Balkans' Communist countries. Correspondent Low was one of the first to call...
...Washington correspondent for 16 years before he went to the White House, Early sacrificed a $25,000 job as vice president of Pullman Inc. to take $12,000 as Johnson's top hand. Gruff and imperious, but well-liked, Steve Early could enforce Johnson's ban on competitive publicity stunts by the services, do much to win the boss a good press. Moreover, Early had once given his old friend Johnson the best advice of his life. When Roosevelt broke his promise to Johnson and appointed Republican Henry L. Stimson as Secretary of War in 1940, Johnson went...
...Venezuela, employs 400 cutters and polishers in Amsterdam, New York City and Puerto Rico, grosses $20 million a year. In his Manhattan showrooms, browsing is not encouraged; jewels are usually shown only by appointment. The average sale: $5,000. Winston also turns out engagement rings which Montgomery Ward & Co., Inc. sells for as little as $37.50, and makes jewels for some 750 U.S. retail stores. Winston keeps track of every gem in his store at all times. If a single stone is mislaid, no one leaves at night until it is found. Winston himself has never been robbed...