Word: woonsocket
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...WOONSOCKET, Rhode Island: CVS Corp. announced plans to purchase competitor Revco in a $2.8 billion deal that will make CVS the nation's biggest drug store chain. The move is another in a growing series of consolidations as traditional, large-scale drugstore companies try to combat fierce price and product competition from supermarket and mail-order pharmacies. Revco, which has more stores but smaller revenues than CVS, had planned a similar deal last spring with competitor Rite Aid, but the Federal Trade Commission blocked the acquisition over antitrust concerns. The FTC has not yet approved the CVS-Revco deal...
John Lacouture keeps 35 birds and 16 Manx inhis Woonsocket, R.I. house. He feeds his cats rawhambuger neat which he buys in bulk at a greyhoundrace track. "My cat friends and my vet arescandalized, they say there is too much bacteriaand I should cook the meat, but I figure, theyfeed it to the greyhounds which are worth 50grand...
...morning of Nov. 2, 1983, Francis Lynch, then chief of detectives of the Woonsocket, R.I., police department, got a strange call. "You may think I'm crazy," said an excited young woman, "but there is some guy dealing drugs, and I can hear it on my radio." Lynch was skeptical, but he sent two detectives to the woman's house...
...Brown graduate Medoff, exposure to unions began in his childhood. His grandparents owned textile mills near his native Woonsocket. R.I., and from an early age he observed the life of blue collar workers in the textile industry, with its characteristic low wages and poor working conditions...
After a successful career as a lacrosse player at Brown, where he was known as "the Woonsocket Rocket," Medoff came to Harvard and received his Ph.D in 1975, and has been on the Faculty ever since. He has published a number of articles on internal labor markets, and also on topics such as salaries, promotions and seniority within firms. Medoff teaches Economics 1660. "Operation of Labor Markets" as well as a graduate seminar. His only hobby, he says, is playing basketball with his three-year-old son, Justin...