Word: liggett
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Dates: during 1920-1929
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...physicians endorsed for 50 years but Phillips Milk of Magnesia? Of what should one accept no substitute but insist on the genuine but Bayer's Aspirin? What works while you sleep but Cascarets? These and many other household products belong to the Drug, Inc. family. So do 525 Liggett stores. So do 10,000 Rexall stores, which, though independently owned, market Drug, Inc.'s Rexall products. For Drug Inc. is a holding company for the United Drug Co. of Louis Kroh Liggett, combined with the onetime Sterling Products Co. (Feb. 1928) into the present drug chain which serves...
Comparable, in the drug field, to Stand ard Brands of General Foods in the food field. Drug, Inc. has back of it no J. P. Morgan, no E. F. Hutton. Its central name has been Louis K. Liggett, board chairman and founder of L. K. Liggett Co. and United Drug Co. Beginning his merchandising career as a traveling salesman for John Wanamaker, Mr. Liggett soon went into business for himself, making and selling headache powders that sold three for a quarter. The headache powders were not very successful, however, as people only had one headache at a time and were...
Only setback to steady United Drug prosperity came in the post-War deflation in which Mr. Liggett's company was threatened with insolvency. At this date, however, he had many a Rexall agent throughout the country and these Rexall agents, loyal, raised $1,500,000, helped him through the deflation period. Last year Drug, Inc. had a net income (11 months...
Married. Lorraine Liggett, daughter of Louis Kroh Liggett (drug stores); to Arthur Scrivenor Jr., of Richmond, Va.; at Chestnut Hill, Mass...
...price war that has for some months been agitating the tobacco business. Last week's developments: 1) Schulte and United Cigar stores offered 15? cigarets at two packs for a quarter-but no more coupons. Cartons of ten packages, $1.20. 2) The Atlantic & Pacific and the Liggett stores (whose longstanding price cutting on cigarets is chiefly responsible for the present troubles) met the United and Schulte cut by announcing (in New York) that they would sell two 15? packages for 23?. Cartons of ten packages, $1.15. Last month President David A. Schulte of Schulte Retail Stores Corp., announced that...