Word: store
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Dates: during 1950-1959
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...That's a danged good idea," said the industrialist, "and I'll have one too." The store has since made the coat so popular that once, when it put $150,000 worth of coats in a window display, it sold out in a few days...
Despite the heat of Texas, Stanley Marcus has personally sold $5,000,000 worth of mink coats, and he claims that the store sells more than any other store on earth. But he once refused to sell an oilman a mink coat for his 16-year-old daughter starting school in the East because it would not be appropriate, instead persuaded him to buy a $295 muskrat. He also sees to it that Neiman's stocks many items his customers might need in an emergency, e.g., a set of Steuben crystal plates with Mexico's crest "because sooner...
Diamond Drills. Stanley Marcus got his sales training from two masters of the art-his father, Herbert Marcus (who died in 1950), cofounder of the store, and his aunt, Mrs. Carrie Neiman (who died last March), the divorced wife of the other cofounder, A. L. Neiman. From the store's beginnings in 1907, long before Dallas smelled any oil, Herbert Marcus insisted on buying only the best. On Neiman's departure in 1928, after the divorce, Aunt Carrie became the dominant force of the store, proved time & again her uncanny ability to guess women's buying tastes...
...reason for big sales, Stanley Marcus likes to boast, is that Neiman's is the only store carrying designs by every famous international designer. "At the store," says he, "a Dallas woman can examine under one roof what a New York City woman could see only by visiting 27 stores." Even in New York City, homesick Texas expatriates often call up the store long-distance to do their shopping at Neiman's. But its biggest accolade so far came from Texas-born Ike Eisenhower's wife, Mamie. She ordered her inaugural gown from Neiman...
...suburb of Chicago last week, Grocer Marty Garofalo grossed $25,000 in his bustling, up-to-date supermarket. That was quite a way up from the $200-a-week business he was doing in a neighborhood store four years ago. The difference: Garofalo had become one of the 5,300 members of the Independent Grocers Alliance, a chain of owner-operated stores that, next to the A. & P., is the world's biggest food-retailing organization...