Word: woolworths
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...Negro sit-in campaigns to achieve equality in sitting down at lunch counters won three more victories last week. Variety stores (all of them national chains: Woolworth, Kress, Grant) in Durham, N.C., Chattanooga, Tenn., and Miami, Fla. opened counters to all customers without discrimination. Since the sit-in movement began last February in Greensboro N.C., counters have been desegregated in 32 other cities and counties in the South and the border states...
...Woolworth...
Most U.S. merchants could detect no concerted shunning of Japanese goods by their customers. Big U.S. companies that import from Japan-such as Sears, Roebuck, Woolworth, Montgomery Ward-all insist that they intend to continue importing Japanese goods. Said a top executive of Boston's William Filene's Sons: "From the corporate point of view, to stop selling Japanese goods would be like closing school because a couple of kids had broken some windows...
...company, the McCrory Corp., was formed from three chains-the B.T.L. holding company (a corporate shell of the Butler Brothers variety chain), United Stores Corp., and the McCrory-McLellan Stores Corp. With 461 stores, the new company will rank fourth among U.S. low-priced chains (first three: F. W. Woolworth, W. T. Grant, S. S. Kresge). The man who masterminded the merger is Meshulam Riklis, 36, who in only nine years has risen from a part-time, null security analyst, who had to teach Hebrew on the side to make ends meet, to boss of the big Rapid-American Corp...
...store H. L. Green chain. He says that he controls 15% of the outstanding common stock, will continue to buy until he gets control (an estimated 20% of the common stock). If he succeeds in acquiring Green, his chain-store empire will be second only to Woolworth...