Word: store
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Dates: during 1950-1959
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...promoted the Education Act of 1944, which overhauled schooling in England and Wales, and as a result, he became Britain's first Minister of Education. Butler is a spokesman for the party's aggressive "young Turks." Lord Woolton, 68, the florid, white-haired department-store tycoon and campaign organizer for the Tories -Lord President of the Council, with special responsibilities for food and agriculture. Tories call him "Uncle Fred" the Laborites call him "Uncle Woof-Woof" -in both cases behind his back. As Brit ain's wartime Food Minister, he did an amazingly efficient job of fusing...
...upward. Purchasing agents found that the pickup in orders, which started in September, was continuing. Auto sales have recently been running ahead of production, and the industry expects output to fall far behind sales next month. TV and appliance sales are also pulling out of their summer slump. Department-store sales, said the Federal Reserve Board, jumped 10% over the 1950 level in the latest weekly figures, the biggest rise in six months. And the biggest spending of the arms program-and greatest civilian cuts-is yet to come...
...president of Federated Department Stores, Fred Lazarus Jr. keeps as sharp an eye on population changes as the census bureau. "The U.S.," he likes to say, "is currently undergoing a highly significant population movement." -Nowhere is the movement greater than in the West and Southwest, where some cities have grown 80% in the last ten years compared to a 15% overall U.S. growth. This week, Fred Lazarus thought it time to cash in on the "highly significant movement." He announced that Federated, the third biggest department-store chain in the U.S., will invest $20 million in a new link...
Manager of the Harvard Provision Store, James Mahoney, declared that he would probably be up all night after closing time taking inventory and changing price tags. Other proprietors agreed that the new tax will make much extra work, and complained it was an unfair burden on liquor dealers. A Varsity Liquor Store salesman explained that a certain whiskey that costs $3.79 a fifth will have...
Recently, Edwin Goodman has added more lines (e.g., antiques, men's wear, stationery, lingerie) to keep sales up while high taxes kill off the big charge accounts. But Goodman has never opened a branch store, and never plans to. Says he: "We have enough trouble staying...