Word: roebuckers
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...issues on the New York Stock Exchange reached historic highs. They included CBS (741), Singer (83⅛), Sears, Roebuck (98), Xerox (29¾). One of the best gainers of all was Control Data, the young and profit able Minneapolis computer maker that is often called the little man's IBM; its stock price has risen 217% this year to last week's close at 95. (Six years ago it came out at $1 a share, has since split...
...reserve district in the U.S. Opening a new budget-store branch, Detroit's J. L. Hudson rang up $40,000 in the first three hours. Sales at Rich's in Atlanta, the South's biggest store, are running 8% ahead of last year's. Sears, Roebuck and Montgomery Ward, the two biggest mail-order houses (Sears is also the world's biggest retailer), both set sales records in July. "All this is most heartening," beams an executive of one of Boston's largest department stores. "Usually we hope to just remain constant through...
...list prices mean little in discount houses, and even retail outlets have begun to crack color TV's long-held "$400 barrier." Sears, Roebuck recently reduced its 21-in. Silvertone sets from $449 to $388 and is selling them for as low as $365 in the hotly competitive Buffalo area. So far this year, Admiral has cut some prices by $95 (to a low of $399.95) and trimmed its charge for a year's service on color sets from $100 to $69.95, while quality-conscious Zenith has pared its lowest prices...
Everything but Selling. While it has adopted many of the practices of Sears, Roebuck and Montgomery Ward, Quelle has tried to go them one better in one area: automation. With 135,000 orders often pouring in in a single day, German efficiency was called upon to prevent chaos. Quelle set up the largest commercial data-processing installation of its kind in the world. For each incoming order, it determines in a few thousandths of a second if the item is available, computes the total price and shipping charge, prints instructions to the warehouse, and readjusts inventory. Quelle also installed...
...violence confined to the university grounds. The student terrorist organization is closely linked to the FALN (Armed Front for National Liberation), which in the last six months has destroyed an oil refinery, burned a Sears Roebuck warehouse, plundered an exhibition of Van Gogh and Cezanne paintings, hijacked the freighter Anzoategul, and performed numerous other acts of violence...