Word: spiegel
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Dates: during 1940-1949
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Chicago's Spiegel, Inc., third largest of U.S. mail-order houses, is still a pygmy among giants; Spiegel's 1945 sales were only $70 million to Montgomery Ward's $700 million. Sears, Roebuck's massive $1 billion. Last week the pygmy was jolted full of growth hormones...
Some of the hormones were drawn indirectly from the giants themselves. Nominated to Spiegel's board of directors (and certain of election this month) were Donald M. Nelson, onetime Sears executive vice president, and Clement D. Ryan, onetime Ward president. Both men had fallen out with the giants. Don Nelson, now president of the Society of Independent Motion Picture Producers, after a headlined career as boss of the old War Production Board, and "Rox" Ryan now president of the Whitney Department Store, Spiegel subsidiary in San Diego, Calif., were expected to inject big-time know-how into Spiegel policies...
...most of Spiegel's new hormones were self-generated in a razzle-dazzle retail expansion program. Last week Spiegel topped it off by buying ]. & R. Motor Supply Co., operator of a Midwest chain of 55 stores selling auto parts, radios, work clothes, general hardware. Reported price: about $2 million...
Married. Mervyn LeRoy, 45, whose cigarish direction has turned out many a garish cinemoneymaker (Little Caesar, Tugboat Annie, Wizard of Oz); and Kathryn Prest Byfield Spiegel, 41, Chicago socialite; both for the third time; in Bel-Air, California...
...unload, on the unsuspicious and in expert, some 5,120,000 gasoline ration "A" stamps, representing 15,360,000 gallons, and 1,560,000 shoe coupons, representing as many pairs of shoes. They arrested the printing shop proprietors, naturalized, Russian-born Harry Dubitsky, and naturalized, Austrian-born Max Spiegel, who had tangled with the law once before (1926) as a printer of indecent literature...