Word: woolworth
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...Foley Bros. Dry Goods Co. When the firm refused to sell, Lazarus bought a store site, threatened to come in as a competitor. Worried Foley's then sold for $4,300,000. (Lazarus also got an option on another site tagged at $1,250,000, talked Woolworth's into buying it for $3,000,000.) With Foley's he plans to test his newest theory that department stores must mechanize or operating costs will zoom when the current abnormal volume falls...
...CRIMSON will continue to welcome any reports of stores which conspicuously hold back on their prices. Today's list of price complaints has been reprinted as received. The Oyster Shell (restaurant) all meat dishes up $.05 to $.10 Woolworth 5-and 10 shoe trees from $.39 to $.49 Fiske's ice cream, with dinner, $.10 to $.15 Harvard Variety Store $.05 rise on ice cream cones Young Lee's Restaurant all dinners up about 30 percent...
Divorced. Woolworth Donahue, 33, idle-rich grandson and heir of Frank Winfield Woolworth (F. W. Woolworth & Co.); by Gretchen Wilson Donahue, 32, ex-wife of John Randolph Hearst; after six years of marriage, three of separation, no children; in Las Vegas...
Last week Robert Young was no longer despondent. In the intervening years of recession and war he had copper-riveted his hold on the old Van Sweringen empire -with the help of $3 million from an old friend and Woolworth heir, shy, tweedy Allan Price Kirby. Now he was ready to consolidate the empire, to make it the base from which he hoped to realize an old Van Sweringen dream-a single transcontinental railroad...
...firm (1898), has quietly piled up profits for years with 50? to $1.98 reprint editions. In 1938 Doubleday, Doran & Co.'s various reprint subsidiaries (Star Dollar, Blue Ribbon, Triangle, etc.), not content with slow distribution through the nation's 1,000-odd wholesale booksellers, branched out through Woolworth and other chain stores, aiming at some 7,500 distributors. Pocket Books Inc. (25?) with 70,000 outlets through news dealers, last week sold its 100,000,000th Pocket Book, while paying out its first $1,000,000 in royalties. Simon & Schuster Inc. made publishing history one year...