Word: supermarketing
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Dates: during 1950-1959
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Invitation to Yearning. In Stourbridge, England, after Elizabeth Poulton, 53, spotted a supermarket sign reading "Please Take a Basket," took one home, returned for another a week later, and won the judge's swift verdict that she was not guilty of theft ("Why shouldn't someone take one?"), the store manager removed the sign...
...hands of Edmund's son Louis, president (and the father of the Paris bureau's John), and Louis' son Edgar, vice president. Modest and shy as their fathers, Louis, 56. and Edgar, 52, have added two more weeklies to their family's tidy empire: Supermarket News (49,499) and Electronic News (21,633). All but Electronic News, founded last year, are in the black...
...firms, at $6 per sq. ft. for building space and $3 for open space. Though firms will be allowed to exhibit whatever they please, the fair's directors stress audience-participation exhibits and displays that demonstrate the U.S. way of life. Neuburger plans to have a U.S. supermarket, beauty shows, jiffy shoe repairing shops for Russian visitors; he also hopes to bring some U.S. artists to Moscow to exhibit, get 50 university professors to lecture at the fair. Says he: "If we had a roomful of empty matchbooks on display, they would still stand in line for hours...
With the whole spectrum of U.S. painting up on the walls and Madison Square Garden converted into a supermarket for art. Promoter Nordness hung on the turnstiles, at week's end seemed to have a fairchance of breaking even. Attendance (at 95?a head) for the first two days of the ten-day show: 6,942. Total picture sales: $15,175. At least the show had demonstrated the widespread, brush-in-hand U.S. interest in painting. With reasonable success in 1958, it might become a revealing annual event...
Smith has been Merrill Lynch's operating boss for more than a decade, directing a huge supermarket of finance that now handles 12% of the New York Stock Exchange's public round-lot volume and 20% of its odd-lot trading, and has serviced 450,000 investor-clients in the past three months alone. A shrewd New Englander from South Hadley Falls, Mass., he attended Phillips Academy at Andover, Mass., went from Amherst ('16) to a $7-a-week runner's job in the fledgling Merrill Lynch Co. with a burning conviction that the brokerage business...