Word: store
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Dates: during 1950-1959
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...Bridge) in the confident expectation that they would "attract all the revolutionary and surging elements." With the "audacious idea of renewing German art" the Bridge group-Ernst Kirchner, Erich Heckel, Karl Schmidt-Rottluff, Fritz Bleyl and later Max Pechstein-set up their studio in an empty shoe store...
...million bu. Result: with sorghum selling at $1.57 per cwt. on the free market and Government price supports at $1.83 per cwt., the U.S. will have to buy around 40% of the record crop at a cost of some $183 million in price supports. Then it will have to store the sorghum (if it can find space in wheat-filled granaries) at added expense until it can dispose...
...operated under a family trust whose proprietors were so deliberately obscure that most of the 145,000 A. & P. employees had never seen them. Last week the death, at 92, of George Ludlum Hartford finally ended the trust. For the first time since it began as a Manhattan tea store in 1859, the giant $545 million chain and its 4,200 stores is headed entirely by a management minus the Hartford name...
...foundation to hold the brothers' 40% share of A. & P. in one bloc. But A. & P. ownership is now split off from management, since Burger, 68, is neither an heir nor a trustee of the Hartford fortune. So far, all the Hartfords want him to continue managing the store. Since the stock earned $19.21 a share last year, up from $16.09, and paid $7 a share dividend while A. & P. grossed $4.5 billion, there is no reason to change...
Died. George Ludlum Hartford, 92, chairman and financial wizard behind the growth of the A. & P. stores (for their future, see BUSINESS); of uremia; in Montclair, NJ. Inheriting the company in 1915 from their father, George Huntington Hartford, who had launched it with a small tea store on Manhattan's Vesey Street in 1859, George L. and brother John spread its power across the country, slashed prices by mass buying, produced their own products. "Mr. George," as he was known to company employees, anticipated the 1929 crash, signed store leases on a yearly basis only...