Word: woolworth
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...awhile, the curates kept a dictionary beside them at mealtime. Whenever a word was in question, they would look it up. "I got an education by absorption there," he says. On his days off, he walked around New York studying such wonders as Fifth Avenue, Wall Street and the Woolworth Building. While still working for McKim, Mead & White, he got himself enrolled in the atelier of a top architect, Harvey Wiley Corbett, where in the evenings he drew, drew and redrew, while Corbett passed from desk to desk, criticizing and encouraging...
...windowless hideaway between the first and second floors was the "treasury." An officer flung open box after box of diamonds, rubies, emeralds and platinum brooches. "Like Woolworth's," said a correspondent, "except it's not glass...
...from the dime stores when they began stocking their shelves with such traditional dime-store items as buttons, cosmetics and toothpaste. Last week, the nation's biggest dime-store chain snatched back. Near Manhattan's Stuyvesant Town, an apartment-city of some 26,000 inhabitants, F. W. Woolworth opened a self-service store where shoppers picked prepriced wares from clerkless counters, supermarket fashion, toted them in fabric baskets to wrapping and checkout counters. Customers seemed to like it, said they saved time by not having to wait for a salesgirl. Woolworth, which finds it hard to get clerks...
James Jarrell, president of Chicago's Old Republic Credit Life Insurance Co., likes to call himself the Woolworth of the insurance business. Says Jarrell, with a note of pride: "We're in the five-and ten-cent insurance business-and we like it that way." He well might. Like Woolworth's, Jarrell has built a multimillion-dollar business by scooping up the small insurance premiums in a comparatively new insurance field that many insurance companies have hardly bothered with. The field: insurance on installment buying and small-bank loans. By concentrating on credit insurance, Jarrell boosted...
...plant and equipment. Of the rest, 30% goes to the government in taxes, 15.7% for operating expenses and 52.1% in "dividends," i.e., payoffs. The Moores brothers, said to be worth $36 million now, have long since expanded into other fields. They own a chain of 43 stores, patterned after Woolworth's, a big mail-order house and sit as directors on at least 22 companies. A few years ago, John Moores bought Bermuda's Elbow Beach Surf Club for a reported...