Word: profits
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Dates: during 1950-1959
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Joiner. In Reno, after quitting as manager of a meat packing firm because "Office of Price Stabilization regulations make a profit impossible," M. A. ("Tiny") Fairchild got a new job as foods section chief of the OPS district office...
...quit. The Communists looked on with rich enjoyment. After an attempt last August to seize the government by violence, some 10,000 of their party had been arrested. Now all but 189 are free, and most are back in key positions in the government. Once again they stand to profit by Indonesia's soft neutralism...
...faith in the expanding American economy-aided by the backlog of demand for goods built up during World War II-was more than justified. Last year Sears sold $2,777,277,096 worth of goods, more than twice as much as its closest rival, Montgomery Ward. Its estimated net profit was $113 million. Sears is now the sixth biggest corporation, in dollar volume of sales, in the U.S.* Besides its mail-order business, which is run from eleven plants, Sears has 691 stores in 47 states, Hawaii and four foreign countries...
...suppliers which is the core of Sears' operation and the key to its mass-merchandising success. He bought control or stock interest in 95 companies to get the goods he wanted at the prices he wanted. This bulk buying at lower prices gives Sears an average net profit of 6% on sales v. 3% for most department stores...
...gets any more groceries in her market basket as a result of Mr. Austin's wage increases?" Moreell stoutly insisted that all of his employees, including the husband of the hypothetical Mrs. Celinsky, had benefited from Austin's executive ability. "Mrs. Celinsky," he added, "will continue to profit as a result...