Word: roebuckers
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Even the TV manufacturers seemed to be looking more approvingly at CBS. To the handful of small firms (Tele-tone, Celomat, Muntz, Belmont, etc.) that had originally announced they would make CBS color equipment were added such sizable names as Westinghouse, Bendix and Sears, Roebuck. The industry heard rumors that many another company would soon start making CBS color sets. Even Admiral's Siragusa is making a small concession: if the CBS system wins in the courts, each Admiral set will be equipped with a "jack" into which CBS adapter-converters can be plugged. Meanwhile, Frank Stanton...
Today Father Skelly's organization is said to have the second largest mail volume in Philadelphia-next to Sears, Roebuck. "Promoters" are recruited to sign up and send in the annual dues of 25? each for a "band" of at least eight members. Part of the funds are used to help poor boys studying for the priesthood; most go to promote prayer to "Our Lady of the Miraculous Medal." Some promoters have enrolled more than 1,000 members (total membership runs into "several million") and the names of such medal recipients range from Pope Pius XII to Mae West...
...explained that he had developed a production process which enables him to turn out a 10-in. record for 21?, about half the former manufacturing cost. Although Remington is short of name stars, bands and orchestras, such companies as R. H. Macy & Co., W. T. Grant Co. and Sears, Roebuck & Co. have already ordered $75,000 worth of the new records...
...employee retirement plans, one of the most spectacularly successful has been the profit-sharing system of Sears, Roebuck & Co. Under Sears's 34-year-old plan, an employee may contribute 5%-up to $250-of his annual pay. The company, for its part, contributes anywhere from 5% to 9% of its net profits each year. The employee's contribution is kept in cash or Government bonds, thus guaranteeing that he will get back at least what he put in. The company's share is used to buy Sears any thus the employees benefit from dividends...
Madden had announced Wednesday that he intended to sue the University for $50,000 damages incurred when the University decided to sell the land to Sears Roebuck Co. Madden claimed that University authorities had promised him "first chance to buy" should the property ever be offered for sale...