Word: ward
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Dates: during 1930-1939
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Montgomery Ward & Co. in its Kansas stores hires extra saleswomen to work on rush Saturdays, pays them for that day only. Last week an official of Kansas' Division of Unemployment Compensation ruled that since Montgomery Ward's extras are partially employed, they are partially unemployed, therefore are due benefits payable for the days when they don't work...
Last year the Brazilian Fascist organization of Integralistas tried a spectacular, unsuccessful coup against President Getulio Vargas. Suspicion was high that Germans in Brazil had had a hand in the affair. Dr. Karl Ritter, German Ambassador to Brazil, protested anti-Nazi measures following the uprising and soon after ward the Brazilian Government declared him persona non grata. For retaliation Germany asked that the Brazilian Ambassador to Berlin leave...
...Chase admitted that an investment is not always a debt. One big exception: stock (the entire capital of such big companies as General Motors, General Electric, Montgomery Ward...
...beginning of the 1937 recession, shrewd Sewell Lee Avery's Montgomery Ward management and other big U. S. distributors subordinated profit margins to sales volume, ever since have bargained with inventory-ridden manufacturers to sell them merchandise at recession prices. This contrasts with the practice of many a small retailer who still sits on much of his 1937 inventory which is not yet completely paid for, and still holds out for pre-recession prices...
...been small; the mail-order houses and chains have increased profits not because the consumer cake is much bigger but because they have got bigger slices of it. Five months' U. S. department-store sales were up only 3% from last year against combined sales increases for Ward, Sears, J. C. Penney...