Word: roebuckers
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...families stationed in 27 countries, payday usually means a visit to the PX, the world's biggest exclusive shopping preserve. Last week the payday rush was on in 5,933 PXs, helping to make the Army and Air Force Exchange Service rank in dollar volume below only Sears, Roebuck, J. C. Penney, Montgomery Ward and F. W. Woolworth among retail chains. To maintain its place as one of the U.S. military's greatest fringe benefits, PX branches stock up to 30,000 items, sell everything from underwear to refrigerators-all at cut-rate prices designed for the private...
From tax cheating Gibney moves on to the kickback artists in business, the most spectacular among them being unquestionably a New York dress buyer named Stanley Sternberg, who worked for a branch of Sears, Roebuck. When he was shown the door in 1952, it appeared that manufacturers who wanted him to place orders with them, in addition to making regular payments, had fed him daily, clothed him and his family, partly furnished his home. One manufacturer was assigned to take Sternberg's aged parents to dinner almost nightly; the wife of another was pressed into service to supply...
LUNCH COUNTER VICTORY was won by Negroes in Charlotte, N.C., second city in state to agree to serve whites and Negroes alike (first: Winston-Salem). In Knoxville, Tenn., three stores (Miller's, Sears, Roebuck & Co., and Rich's) closed lunch counters permanently because of sit-ins. Texas' J. Weingarten, Inc., with 45 lunch counters in its supermarkets, is installing automatic equipment in some for integrated stand-up lunches...
...more than 70% of capacity for the year. Says he: "1960 will be one of the industry's best production years, with a bare possibility of topping the 1955 record ingot output of 117 million tons." Retail sales are still above last year (see chart), and Sears Roebuck Chairman Charles Kellstadt expects his company's 1960 sales to increase 5% over 1959 sales of about $4 billion. The auto industry has a million-car inventory on its hands, only 16% in the fast-selling compacts. Dealers may be worried about selling them, but Detroit is not. Some automakers...
CEREMONY IN LONE TREE, by Wright Morris (304 pp.; Atheneum; $4), is set in the barren Nebraska plains country, where the author stalks his favorite game -the "Sears Roebuck Gothic" Midwesterners with souls imprisoned like "buzzing flies" in "God's cocoon." Morris has been compared variously to Sherwood Anderson, F. Scott Fitzgerald, even Mickey Spillane, but in this, his 13th book, he sounds more like a kind of slick-paper Nathanael West, without that gifted writer's savage humor. His story is wired to the tangled nerve ends of the collection of oddballs and misfits who stumbled...