Word: roebuckers
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Most U.S. merchants could detect no concerted shunning of Japanese goods by their customers. Big U.S. companies that import from Japan-such as Sears, Roebuck, Woolworth, Montgomery Ward-all insist that they intend to continue importing Japanese goods. Said a top executive of Boston's William Filene's Sons: "From the corporate point of view, to stop selling Japanese goods would be like closing school because a couple of kids had broken some windows...
...Charles H. Kellstadt, 63, president of Sears, Roebuck & Co. since 1958, became board chairman and chief executive officer, replacing Fowler B. McConnell, 65, who retired after 44 years with the company. The new president will be Crowdus Baker, 54, former vice president and comptroller. Kellstadt joined Sears in 1932. He was brought into the Chicago headquarters in 1946 as general retail merchandising manager, moved steadily up the ladder to a directorship in 1948 and vice-presidency the next year. In 1950 Kellstadt was appointed supervisor of Sears's southern region. At Sears business was never better. For the company...
...Atlanta last week, forced many department stores to postpone sales. Sighed one auto dealer: "A man has to be pretty desperate to shovel his way into a dealer's showroom." Another factor: Easter will fall three weeks later this year than in 1959, postponing much retail buying. Sears, Roebuck President Charles Kellstadt said Sears is having an unimpressive first quarter, but he still expects sales in 1960 to be as good as last year. Said he: "We'll have to wait a while to see whether there's been an underlying change in the economy or whether...
...Milton Eisenhower, president of Johns Hopkins University; Walter J. Donnelly, U.S. Steel's Latin American representative; G. Kenneth Holland, president of the Institute of International Education; O. A. Knight, president of the Oil, Chemical and Atomic Workers International Union; Sears, Roebuck Vice President Charles A. Meyer in charge of Latin American branches; Dana G. Munro, former director of Princeton's Woodrow Wilson School of Public and International Affairs...
Died. Brigadier General (ret.) William Irving Westervelt, 83, Texas-born artillery expert who recommended in the early '20s the modernization of field weapons finally undertaken at the beginning of World War II, retired in 1927 to direct research for Sears, Roebuck & Co.; in Brattleboro...