Word: roebuckers
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MAIL-ORDER PRICES are going up again this fall. New catalogues for Sears, Roebuck & Co. are hiking prices 1½% overall, while Montgomery Ward & Co. is boosting prices 2% on some appliances and home furnishings...
...record sales of Jubilee's star, Clyde Julian ("Red") Foley, have topped 2½ million. Foley and two other Springfield hillbillies (Webb Pierce and Eddy Arnold) sell close to half the country-music records marketed in the U.S. Six years ago Pierce was selling clothes in Sears, Roebuck; now he is making something close to $200,000 a year. Foley can command up to $1,500 a night, but does only four or five dates a month because he "doesn't want to take all that money to the graveyard.'' Jubilee has always been...
COLOR TV PRICES are fast approaching mass-market level. Sears, Roebuck will soon put out 21-in. set for $595 and Admiral will start selling 21-in. table model for $499 in June...
Cataloguers at the Library of Congress last week recorded a new entry: a mile-long microfilm of every Sears, Roebuck catalogue, from the slim booklet of 1892 to 1956's Spring-Summer four-pounder, 1,360 pages long. The film replaced dog-eared issues frayed by generations of historians, playwrights, economists, artists and others seeking a picture of the U.S. past...
...General Robert E. Wood, 76, announced that he will resign this month, after 28 years as chairman of Sears, Roebuck's Savings and Profit-Sharing Pension Fund, which under his guidance has grown from $70 million in assets to $860 million. It has helped Sears clerks and truck drivers retire in affluence, holds 25.4% of Sears stock. Two years ago Wood resigned as board chairman, but remains a Sears director, chairman of its finance committee, and a director of half a dozen other companies...