Word: brandsness
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This is A. & P.'s second major effort recently to fatten profits. Early in 1972, to boost the drooping sales, the chain began converting all its stores to discount outlets under the all-but-abandoned WEO ("Where Economy Originates") program. The first year it lost $51 million. Since 1973...
Died. Eli M. Black, 53, chairman of United Brands Co., a $2 billion conglomerate; in a 44-story plunge from his office in Manhattan's Pan Am Building. An ordained rabbi before going into business, Black in 1967 acquired John Morrell & Co., an ailing $800 million meat packer, which...
The companies are lavishly promoting their rebate programs. Chrysler, which is saddled with the heaviest backlog of unsold cars and was first to begin offering rebates, is spending one-fourth of its $50 million annual ad budget on a series of video spots featuring TV Pitchman Joe Garagiola in a...
Lunch was at a nearby sandwich house. Horowitz looked at the menu and said, "It looks like we're supposed to order The Special." The Special, a steak on bread with beer, would take a few minutes more than the sandwich his prospective partner ordered, so while the pinhole manufacturer...
Though beer cans were only introduced in 1935-the first was a green-and-white container made by the American Can Co. for the now defunct Gottfried Krueger Brewing Co. of Newark-experts estimate that as many as 12,000 domestic beer labels have been turned out since then. They...