Word: stores
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Dates: during 1950-1959
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Many colleges plan to expand their present facilities. Yale and Cornell are building new stores, and Princeton also plans to enlarge its college store to accommodate the possibilities for increased sales volume...
...been a slow climb to a very comfortable plateau on which businessmen make money and wage-earners have plenty to spend. The climb is over. The national economy could take plenty of lumps and remain where it is." Thus Harry Stoll, president of Chicago's Mandel Brothers department store, last week summed up the mood of many businessmen. Despite the slump in auto sales, tight money and sagging farm income, the nation's economy was actually holding up fine. Industrial production steadied at 142, only two points off December's peak. But caution was the watchword...
...Advisory Council, the nation's top industrialists worried that tight money might force cutbacks in industry's expansion plans. Said Scripto's President James V. Carmichael: ("There's no question the tightening of credit has put a slight damper on our long-range planning." Department Store (Daniels & Fisher) President Joe Ross worried that the money shortage might cut back on Denver's "tremendous growth." Complained Ross: "The cost of expansion is prohibitive because of the money rates." But few businessmen had been forced to alter building and modernization plans. Actually, the elimination of marginal industrial...
...Shield is now building a 20,000-sq-ft. addition that will sell only nonfood items. With one shopping cart the housewife can move from hardware to florist, from drugs to dry goods. In addition to women's and children's inexpensive clothing, the Keansburg store will offer cameras, costume jewelry, fishing rods, toasters, even outdoor lawn furniture. Five years from now, says Shield, every new supermarket will be a small department store; round-the-clock vending machines will sell such necessities as bread, butter and eggs; merchandise will move out of automated warehouses in 40-case lots...
Round the Clock. A part-time inventor, Shield used the East Paterson store to try out his patented Food-O-Mat, a block of tiered ramps that feed cans and jars to customers by gravity and save up to 40% of floor space. To solve the traffic problem inside his stores, Shield broke the conventional supermarket pattern of long, parallel shelves and narrow aisles. For his new layout he had architects design short, boxy shelves, spot them in irregular arcs to create broad aisles and thereby eliminate bottlenecks for grocery carts...