Word: roebuck
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Dates: during 1960-1969
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LUNCH COUNTER VICTORY was won by Negroes in Charlotte, N.C., second city in state to agree to serve whites and Negroes alike (first: Winston-Salem). In Knoxville, Tenn., three stores (Miller's, Sears, Roebuck & Co., and Rich's) closed lunch counters permanently because of sit-ins. Texas' J. Weingarten, Inc., with 45 lunch counters in its supermarkets, is installing automatic equipment in some for integrated stand-up lunches...
...more than 70% of capacity for the year. Says he: "1960 will be one of the industry's best production years, with a bare possibility of topping the 1955 record ingot output of 117 million tons." Retail sales are still above last year (see chart), and Sears Roebuck Chairman Charles Kellstadt expects his company's 1960 sales to increase 5% over 1959 sales of about $4 billion. The auto industry has a million-car inventory on its hands, only 16% in the fast-selling compacts. Dealers may be worried about selling them, but Detroit is not. Some automakers...
CEREMONY IN LONE TREE, by Wright Morris (304 pp.; Atheneum; $4), is set in the barren Nebraska plains country, where the author stalks his favorite game -the "Sears Roebuck Gothic" Midwesterners with souls imprisoned like "buzzing flies" in "God's cocoon." Morris has been compared variously to Sherwood Anderson, F. Scott Fitzgerald, even Mickey Spillane, but in this, his 13th book, he sounds more like a kind of slick-paper Nathanael West, without that gifted writer's savage humor. His story is wired to the tangled nerve ends of the collection of oddballs and misfits who stumbled...
Most U.S. merchants could detect no concerted shunning of Japanese goods by their customers. Big U.S. companies that import from Japan-such as Sears, Roebuck, Woolworth, Montgomery Ward-all insist that they intend to continue importing Japanese goods. Said a top executive of Boston's William Filene's Sons: "From the corporate point of view, to stop selling Japanese goods would be like closing school because a couple of kids had broken some windows...
...Charles H. Kellstadt, 63, president of Sears, Roebuck & Co. since 1958, became board chairman and chief executive officer, replacing Fowler B. McConnell, 65, who retired after 44 years with the company. The new president will be Crowdus Baker, 54, former vice president and comptroller. Kellstadt joined Sears in 1932. He was brought into the Chicago headquarters in 1946 as general retail merchandising manager, moved steadily up the ladder to a directorship in 1948 and vice-presidency the next year. In 1950 Kellstadt was appointed supervisor of Sears's southern region. At Sears business was never better. For the company...