Word: roebuck
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Passing through Los Angeles on his way to Latin America, doughty General Robert E. Wood, 76, "retired" board chairman of Sears, Roebuck & Co., and a right-wing Republican, predicted a business slump if Ike does not stay in the White House. Then he gave a shoving backslap to a Chicago friend: "The Democratic Party today is controlled by its radical wing in the big cities. I know Mr. Stevenson very well. He is a neighbor of mine in Lake Forest. We're all very fond of him. But we do not vote...
...full-time students) Salem College heard at the meeting of fellow presidents one day last summer, the more depressed he became. "For two days," said he, "I listened to reports about trie Ford Foundation and what it expected to do, about the National Merit Scholarship program, the Sears Roebuck scholarship plan and similar ones." Yet for all these benefactions, Salem remained completely ineligible. Reason: like 114 other nontax-supported, liberal arts campuses across the U.S., it is not regionally accredited...
...Sears, Roebuck planned to spend $55 million to $60 million for 1956 capital improvements, in addition to the $350 million already spent for expansion in the past ten years...
...Many a U.S. company operating overseas, e.g., General Motors, Ford, the Arabian American Oil Co., Sears, Roebuck, has taken the lead in raising wages and improving local working conditions...
...Sears, Roebuck Chairman Theodore V. Houser, who should know what he is talking about because two-fifths of Sears's immense sales are "on time," saw no cause for alarm. Opposing any direct federal controls, at present, Houser said: "The vast majority of people conduct their affairs with prudence. When the ratio of credit extended exceeds the rate of repayment by from 2% to 2.5% of disposable income, a correction occurs on the part of the consumer. Indications are good that a turn downward in the growth of consumer debt is under way right...