Word: shoe-repair
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...Norway. Old hotels are being refurbished to suit Western tastes, and new ones built. Eight new state catering schools offer a four-year course for waiters, cooks and hostelers. Families are being encouraged by the Communist government to indulge in such capitalist practices as investing in restaurants, inns, shoe-repair shops and motels...
Rigid Regimen. Cobb stuck to his stiff regimen, completed the program last spring. Now, at 232, he has gone to work in an Augusta shoe-repair shop. He returns to the hospital for a checkup every other week, and has maintained his new figure. Says he: "There's a heap more will power connected with it than anything else...
Most of the expatriate entrepreneurs draw on ideas that have already proved successful in the U.S., but have yet to catch on or are just catching on elsewhere: self-service laundries, bowling alleys, drive-in car washes, quick shoe-repair shops. But the task of setting up a small business in a strange country is far tougher than setting up one in the U.S., where the failure rate is high enough even without the resentment from foreign competitors that the American abroad often faces. Nonetheless, the appeal of setting up business overseas is undeniable. Says Peter Pach, who went...
...Lockheed recruited Air Force ist Lieut. Francis Powers. Powers was a plane-happy youngster born in the Cumberland mountain country in Kentucky, near the Virginia border. His father, Oliver Powers, 55, who owns a shoe-repair shop in Norton, Va., reveled in telling callers last week that Francis got his first plane ride at the age of 14, came back to announce: "I left my heart up there, Pap, and I'm goin' back...
...increase volume quickly, he bought control of four independent stores in the Chicago area, opened some 20 new modern retail stores in major shopping areas and equipped them with consumer-drawing features that would have shocked Sewell Avery: check-cashing booths, hunting and fishing license departments, gourmet and shoe-repair shops. By the end of 1958, Barr had reduced Ward's cash hoard from $327 million to $94.7 million. Says he: "By the end of 1959, we will have put all of our excess cash, previously invested in low-earning securities, to work in higher-earning merchandising assets...