Word: schwegmanns
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Dates: during 1950-1959
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From New Orleans' Schwegmann supermarket (whose bar dispenses brand-name liquor for 30? a shot on Sunday) to Los Angeles' $6,000,000-a-year, 24-hour-a-day Ranch Market, grocery stores now find that Sunday is the third biggest day of the week (after Saturday and Friday). As supermarket stocks have expanded in postwar years to include goods ranging from shovels to shotgun shells, discount houses, clothing stores, furniture and appliance dealers have turned to Sunday selling. Many department stores even hold "Sunday special" sales. For auto dealers, Sunday trade often amounts to 50% of total...
FAIR TRADE LAW has been knocked out in Louisiana. New Orleans Supermarket Operator John Schwegmann Jr., who persuaded U.S. Supreme Court to rule out Fair Trade on antitrust grounds only to have Congress plug loophole (TIME, March 16, 1953), has finally won his fight in Louisiana, where state Supreme Court ruled that nonsigners of Fair Trade contracts are not bound...
FAIR trade under the McGuire Act, which makes a price-fixing agreement by one retailer binding on all in a state, passed a U.S. Supreme Court test. The court refused to review an appeal from an adverse decision in a lower court by New Orleans' Schwegmann Brothers supermarket, which once succeeded in getting all-binding price agreements declared unconstitutional...
Fair trade was having a tough time in four other states. In Louisiana, John Schwegmann Jr., a longtime foe of fair trade (TIME, June 4, 1951), was the first to start new trouble last fall, by selling insulin at $2.08 a vial v. the fair-traded price of $2.83. The drug firm of Eli Lilly won an injunction against Schwegmann, but the court was critical of fair-traded philosophy, holding that the Supreme Court would have to decide if the new 1952 law is constitutional. Schwegmann is selling items affected by the injunction at fair-trade prices, but everything else...
...Federal Trade Commission and Department of Justice are convinced that the Schwegmann decision will mean lower prices for consumers and freer competition among retailers. In all, about 5% of the brand-name merchandise sold in U.S. retail stores is fair-traded...