Word: roebuckers
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...private pension funds usually keep a high and rising 40% of their funds in the stock market. Some of the employees' funds have assets as big as huge companies: the A.T. & T. fund amounts to $4.7 billion, and U.S. Steel, General Motors and Sears, Roebuck each approach $2 billion. The pension funds, into which the employer usually pays all the money, are run by a mixed board of management and labor, which heeds the advice of a bank or a Wall Street investment house...
...versatile tractors, once manufac tured by only a few companies, are now sold by 47. Sears, Roebuck so far is in the lead with three tractor models...
...change in Penney began in 1957 after executives looked at surging Sears, Roebuck and decided that their brand of merchandising would be obsolete by 1970. The prime mover was William M. Batten, a West Virginia storekeeper's son who clerked for Penney at 17 before studying economics. He undertook a two-year, 150-page study that proved so thorough that he was promoted from vice president to president and chief executive in 1958 to implement it. (In 1964, Batten moved up to chairman.) Besides remodeling small stores ("For years we were only in small towns," says Vice President William...
...appreciation in the U.S. reached the stage at which originals by well-known artists can be sold along with paint or pantie girdles? Many retailers seem to think so, and they are opening more and more art departments. Sears, Roebuck has been selling originals through its stores and catalogues for two years, has run up enough sales to make art a permanent Sears feature. E. J. Korvette Inc., the East's most energetic discounter, is about to try an art gallery in one of its Long Island stores, and such department stores as Washington's Hecht Co., Detroit...
...STAPLE SINGERS: AMEN! (Epic). The Staple family-Roebuck, his son Purvis, Daughters Mavis and Cleotha-is one of the liveliest gospel groups around, and they raise the roof with More Than a Hammer and a Nail and He's Got the Whole World in His Hands. But they are entertainers too (their title song, Amen, comes from the movie Lilies of the Field), and they incidentally demonstrate the strong kinship of gospel to rock 'n' roll...