Word: chains
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Blaine−"is peerless in blatancy. . . . On a heavy gold chain across his paunch he sports a large Elk's molar, a gift from admiring lodge brothers...
Last week was announced the acquisition by Cinemagnate Fox of Loew's, Inc., and its producing subsidiary, Metro-Goldwyn-Mayer Pictures Corp., bringing the estimated value of Fox holdings to $225,000,000. Almost immediately, Fox acquired two additional theatre chains controlling 113 houses: Walter Reade Enterprises (15) and Schine Chain Theatres (98). Total of Fox-owned theatres: nearly...
Brooklyn-Boston. Plans for the union of Abraham & Straus, Inc., Brooklyn's "biggest" department store and Wm. Filene's Sons Co. of Boston last week came to a head. Thus was forged another link in the chain begun when Jordan Marsh Co. and C. F. Hovey Co. entered the Hahn department store combine last December, and continued when Filene's absorbed R. H. White Co. soon after...
Prospering, expanding, Lane Bryant, Inc. last week announced the purchase of Associated Apparel Stores, holding company for the Newman & Benton chain of eleven cloak and suit establishments; have also bought the Spies Store, Newark, and plan soon to open stores in Washington, Pittsburgh, Cleveland, Cincinnati. It is intended that the Bryant chain shall eventually include no less than 100 service stations for the stout. The present Bryant system does an annual business of about $15,000,000, some 40% by mail...
Also ousted last week was William Childs & Wife & Family from management of the 125-restaurant chain founded by two brothers Childs. To control came William A. Barber with perhaps the backing of certain Delaware du Ponts. On the new Childs directorate are Hollyday S. Meeds Jr., son-in-law of T. Coleman du Pont and Lucius M. Boomer, with whose hotel interests the du Ponts are said to be connected. So little has the Childs Co. remained the child of Childs, that sentimental Brother William appeared to own less than 3% of its stock. Nevertheless he said, on quitting: "This...