Word: supermarketeers
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Dates: during 1950-1959
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...glass and marble building just outside Philadelphia last week, the Baltimore Markets chain (25 stores) opened what it called "the world's largest supermarket." Inside the $1,000,000 air-conditioned building were such customer come-ons as a television lounge, haberdashery, glass-enclosed bakery, luncheonette and a fancy "cosmetics...
...school at 14 to go to work, first at odd jobs, later in his family's grocery. Now he puts in seven days a week (twelve hours weekdays, six Sundays) at his job. With two brothers and a friend, he operates two stores, one the huge Schwegmann Bros, supermarket, which he proudly calls the "largest in the world." By selling everything from crayfish to shotgun shells-and everything as cheaply as possible-the Schwegmanns will take in close to $7,000,000 this year. "If I do a good job by keeping prices low," says John Schwegmann, "the public...
...Seagram and Calvert distillers, and sold their liquor at cut rates, despite Louisiana's fair-trade law that made such price-cutting illegal. Last week, after three years of battling right up to the U.S. Supreme Court, John Schwegmann triumphantly hung a sign in the middle of his supermarket...
Better Living is the superproduct of Manhattan Promoter Edward W. Miller, the Supermarket Institute, representing some 5.000 U.S. stores, and McCall's, which provided $750,000, its printing plant and know-how. Miller raised another $750,000 from such private investors as Nelson Rockefeller and Clendenin Ryan (onetime owner of the American Mercury). Not till he had supermarket outlets for at least a million copies did Publisher Miller set his editorial staff to work. Said he: "Some people think there's a lot of quick money in this business. But you've got to have a good...
...year those grossing from $75,000 to $37,5000; chain stores grossing less than $375,000; all stores grossing more than $375,000. The smaller the store, the bigger the mark-up allowed. Thus, the small grocer can mark up a can of baby food 25%, while a supermarket is allowed only...