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...like merchandising; it is in our blood," said the top man in the nation's top department-store chain last week. For cherubic Fred Lazarus Jr., 73, chairman of Federated Department Stores, Inc., this enjoyment of selling has paid big dividends. Last year for the first time Federated edged Allied Stores as the nation's top retailer. Last week Federated reported its best earnings ever: six-month profits of $7.9 million from sales of $280 million...

Author: /time Magazine | Title: RETAILING: Family Affair | 9/8/1958 | See Source »

...Fred Lazarus regards Federated pretty much as a family affair. Fortnight ago Fred's son Maurice, 43, was named president of Federated's Boston store, Filene's. Seven members of the Lazarus clan are sprinkled through Federated's top levels.* But "Mr. Fred," as Lazarus is known to the trade, bristles at any mention of nepotism. "Nepotism smacks of favoritism. Everyone in our family has had to earn his position." The young Lazaruses usually start in the basement, work up from stock boys or salesmen, must prove they can sell before moving higher...

Author: /time Magazine | Title: RETAILING: Family Affair | 9/8/1958 | See Source »

...Goldfine's son, H. Maxwell Goldfine, talking to a TIME correspondent a few weeks before his father's testimony, had another version of how the hoped-for settlement was sought. He blamed Einiger Mills, Inc., a Goldfine competitor, for prompting FTC complaints. A lawyer named Lester Lazarus, continued "Mack" Goldfine, had done some of the work for Einiger. The Goldfines solved this problem by hiring Lazarus for the Goldfine legal team. The lawyer then went to work on settling the FTC complaint. Lazarus, said young Goldfine, made several trips to Washington, where he entertained FTC people "at least...

Author: /time Magazine | Title: THE GOLDFINE PRESSAGENTS FORGOT: Pols, Dummies & Deals | 7/21/1958 | See Source »

...basic facts and figures of Goldfine's cobrful life and complex business dealings were assembled by Boston Lawyer Lawrence Cohen and New York Lawyer Lester Lazarus, both Goldfine regulars. The information was polished in statement form by 1) Boston Lawyer Samuel Sears, dropped in 1954 as counsel to the Senate subcommittee investigating the Army-McCarthy fracas after it was discovered that he had made statements highly favorable to McCarthy, and 2) Washington's Robb. attorney for ousted Air Force Secretary Harold Talbott, for ousted Federal Communications Commissioner Richard Mack, and Government attorney in the successful 1954 ouster action...

Author: /time Magazine | Title: National Affairs: Lawyers & Flacks Made Goldfine a Production | 7/14/1958 | See Source »

...This Small Boy." Lazarus Agagianian (pronounced ah-gah-jahn-yan) was born 62 years ago in what is now Soviet Georgia, is a member of the Uniate group of Armenian Christians.* Agagianian was so bright as a child that his instructors in Tiflis sent him to Rome when he was only eleven to study at the Urban College of the Propagation of the Faith. The college rejected him because of his youth, but before he was sent home little Lazarus was permitted to join a group audience with St. Pope Pius X (canonized in 1954), who noticed him and predicted...

Author: /time Magazine | Title: Religion: The Quiet Armenian | 6/30/1958 | See Source »

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