Word: strause
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...OSCAR S. STRAUS President...
...with low-overhead discounters, even the biggest stores run frequent "warehouse sales," "specials," "closeouts," trading at 10% above cost v. the standard 30% to 40% markups. Originally, the big stores restricted competition to a few fast-selling items; now they match discounters dollar for dollar. Brooklyn's Abraham & Straus, Los Angeles' Barker Bros., Jordan, Marsh Co. have started running almost identical ads proclaiming an old retailing slogan: "We Will Not Be Undersold." Milwaukee's Boston Store last week advertised: "Save 22% to 50% on ... famous Westinghouse appliances." Detroit's J. L. Hudson Co. now tells customers...
...means of the victory, Greenough is assured of at least second place in the final basketball standings. This position is worth 90 points in the competition for the Straus trophy for freshman intramural athletics...
...DIARY OF "HELENA MORLEY" (281 pp.)-Translated and edited by Elizabeth Bishop-Farrar, Straus & Cudahy...
...many of the hardiest; on the second day, thousands of workers and shoppers stayed away. Retailers moaned over million-dollar-a-day losses in sales. Newspapers lost hundreds of thousands of dollars in pages of retail advertising. Macy's talked to Gimbels. Macy's President Jack Straus and Gimbels' President Bernard Gimbel conferred with Mayor Robert Wagner, posed for pictures as they rode the sometimes operative subway back to their monster department stores to prove that it could be done...