Word: store
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Dates: during 1950-1959
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DEPARTMENT-STORE MERGER will push the Associated Dry Goods chain (1954 sales: $154.4 million) out to the West Coast. Associated, which now owns Manhattan's Lord & Taylor plus stores in Buffalo, Newark, Minneapolis, Baltimore and Louisville, will take over Southern California's J. W. Robinson Co. stores in a cash and stock deal...
...three-count criminal indictment, Safeway was charged with waging price wars, selling goods below cost, and charging less for some items in Texas than it does elsewhere in the U.S. The indictment also charged that Safeway, with 150 stores in 90 Texas and New Mexico cities (1954 gross: more than $155 million), made its store managers meet individual sales quotas that represented from 25% to 50% of the total retail grocery business in some areas. Safeway denied any antitrust violations, said its policy is to "meet competitors' prices and not lead them downward." Meanwhile, 157 Abilene area grocers have...
Cecil Effinger. 40, a music professor at the University of Colorado, whose own compositions, including three symphonies, are well known in the Mountain. States, has been thinking about the $1,000 question since 1945. One day in Paris, he saw an unusual typewriter in a store window, and it got him speculating about a typewriter for music. After investigating and discarding other designs, Effinger came forth last week with a typewriter of 79 characters and a carriage that can be moved freely to produce the most complicated kind of notation. With a little practice, Effinger claims, typists will average about...
...French impressionists and easy-to-take early works by Picasso, Matisse, Dufy and Chagall. The boom got under way soon after World War II, but the event that proved the market's strength, art dealers now agree, was the sale of Department Store Tycoon Gabriel Cognacq's collection on May 14, 1952. Before the day was over the auctioneer had heard closing bids totaling 305 million francs ($871,428), a postwar record. In last month's Paris auctions, the steadily rising market raised a question: it was not how sound is the boom, but how high will...
Today Sofu's books on flower arranging sell as fast as they come off the presses. A Sofu exhibit at Tokyo's Takashimaya department store earlier this year sold 35,000 admission tickets in advance. With some half-million followers in Japan making up Japan's second largest flower arranging school,* Sofu now thinks he can afford to ignore the criticism of traditionalists who grumble that "Sofu has taken the soul out of ikebana." In reply Sofu simply quotes his own Grass Moon motto: "Always look forward to a fresh and vivid world and do not become...