Word: roebuckers
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...Allstate's Chicago branch, opened with an all-out advertising barrage last spring, was also ordered closed last week for operating without a city license. The firm has no connection with Allstate Insurance, a wholly-owned subsidiary of Sears, Roebuck...
...competitors. Prices have been cut an average 7.8% below those in the last catalogue. Portable typewriters have been slashed from $119.50 to $107.75, electric shavers from $20.57 to $17.95, some bicycles from $32.95 to $29.88. Bigger cuts have been made in toys. Said an excited executive of competing Sears, Roebuck, which immediately rushed out a lower-priced supplement to its Yule catalogue: "They're giving the business away...
...powder, which is mixed by dieters with water or skim milk, is such a hot-selling item that it has already spawned some 40 imitations from Sears, Roebuck's Bal-Cal to Quaker Oats's Quota, just out this week. With Metrecal sales up to an annual rate of $40 million, Mead Johnson's 1960 gross is confidently expected by company officials to jump this year from $65 million to $100 million, the profits to double to $6 a share. To help keep ahead of the imitators, the company last week put on sale a canned liquid...
...point drop to 612.27-its sharpest one-day decline in more than six months -before steadying and rising at week's end. Best news came from retailers helped by record sales of back-to-school clothing and heavy traffic in auto supplies and small appliances. Sears, Roebuck & Co. and Spiegel both reported that August sales soared to alltime peaks for that month. Though the auto industry carried a heavy 887,800-car inventory on dealers' hands, sales of new cars perked up. The first good-sized shipments of steel for autos were already starting to move...
...whites, and tension mounted. A pair of Negro youths, running from the cops, accidentally knocked an elderly white woman through a plate-glass window; a white woman and a Negro woman got into a hair-pulling match, and the town boiled over. In a sudden rush of business. Sears Roebuck sold 50 ax handles in 15 minutes. Sit-in demonstrators on their way downtown were met by a club-wielding mob. By the time the police got around to stopping the riot, Jacksonville was suffering from an epidemic of broken heads...