Word: polaroid
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Dates: during 1980-1989
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...area of business is watching the economic numbers more closely than advertising. Consumers' reluctance to buy is causing nervous fidgeting in a field that has prospered by selling Americans on the convenience of Polaroid cameras, the refreshment of Cokes or the glamour of Cadillacs. Traditionally, advertising budgets are among the first victims of a recession, as companies attempt to cut costs by slowing their promotions. Total advertising expenditures are expected to rise to more than $55 billion this year, which represents a modest 2% gain over 1979. But agencies fear the impact of the economic downturn. Stuart Upson, chairman...
...little proof, and in part because there is so much else for the city to pride itself on. Cambridge too is celebrating its 350th, a year-long bash commemorating the city that gave birth not only to endless generations of Harvard scholars but also the Porterhouse steak, the Polaroid Land camera, and the proportional representation election. "Boston is the biggest suburb of Cambridge," former mayor Edward Crane '35 was fond of declaring; indeed, few cities of 100,000 have had an impact so large on the nation...
Certainly the class of 1930 shows as many successes as any other to come out of Harvard: numerous lawyers and investment counselors, writers and editors, doctors, the author of "Around the World in Eighty Days," and the president of the Polaroid Corporation...
...named by TIME as one of 200 future American leaders. He left Polaroid to head Green Giant Co. Under his direction, the Chaska, Minn., food processor bounded from $293 million annual sales to $485 million in 1978, when it merged with Pillsbury. The 6-ft. 3-in. Wyman, a Phi Beta Kappa at Amherst College (he wrote his senior thesis on the poetry of William Butler Yeats), scarcely concealed from friends and executive recruiters that he was tired of being No. 2 at Pillsbury...
Wyman, 50, has spent a nervous career waiting for several top jobs. From 1965 to 1975 he was an executive at Polaroid and was once thought to be the likely successor to Founder Edwin H. Land...