Word: storing
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Dates: during 1980-1989
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...West has begun cracking down on noise, street vendors, store windows filled with obscene T shirts. Singh acknowledges his power to influence this trend: he will in time be paying 25% of the island's tax revenues. Before the recent election, two of the five city commissioners were, by amazing coincidence, slated to have shops in his coveted retail space. But he argues that the city would be adjusting its image, growing up, even without...
Scaly, furry and feathered creatures speak for themselves in Turtle in July (Macmillan; $13.95). Marilyn Singer's liberated verses suggest bodily rhythms (Deer Mouse: "get enough to last/ get enough to store/ get more"; Beavers: "You guard/ I pack/ I dig/ You stack"; Dragonfly: "Look/ skim/ there/ snap/ eat/ Repeat"). Meanwhile, Jerry Pinkney's watercolors furnish the shades and tints of four seasons and 15 highly articulate animals...
...shoppers streamed through the B. Altman department store in Manhattan last week, many of them looked wistfully at the lush elegance that surrounded them. The Renaissance-style emporium, completed in 1914 and situated across the street from the Empire State Building at 34th Street and Fifth Avenue, boasts crystal chandeliers and parquet floors, lofty ceilings and broad aisles. B. Altman, with its 124-year-old reputation for quality and gentility, is going out of business. Six of Altman's seven stores, situated mostly in New York, Pennsylvania and New Jersey, will be shuttered next month because its current owners were...
Like other department-store chains, B. Altman has been hurt by weak retail sales and tough competition from specialty outlets. Several other chains are for sale by their foreign owners: Canada's Campeau is trying to unload Bloomingdale's, while Britain's B.A.T Industries has put Saks Fifth Avenue and Marshall Field's on the block. However, Altman's problems went deeper, in part because it had acquired a dowdy, passe image. The company might have been turned around by the right owner, but Herscu, saddled with $1.5 billion in debts, had neither the cash nor the vision to pull...
...chain was founded in 1865 by Benjamin Altman, the son of a milliner. In recent decades, the stores were run by the Altman Foundation, which gave $500,000 of the firm's profits to charities each year. Four years ago, the foundation sold Altman's to B.A. Realty Associates for a price estimated at more than $100 million. The investors then sold the chain, without the real estate, to two accountants, Anthony Conti and Philip Semprevivo, who quickly cut costs and revived the store's merchandising by turning over some departments to savvy outside retailers like toy seller F.A.O. Schwarz...