Word: ned
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...thing we know . . . best is how to run a cash & carry business." There are no charge accounts or sales slips, no alterations or deliveries in Nathan ("Ned") Ohrbach's book on how to run a clothing store. If a dress is not sold in ten days, Ned knocks it down to cost; after another week he cuts it to half the cost (but seldom has to). Last year his two Ohrbach's, Inc. stores - on Manhattan's shrill 14th Street, and in Newark, N.J. - made a handsome profit of $1,500,000 on close to $40 million...
Last week Ned Ohrbach stepped out in new company: he opened a store on the "Miracle Mile" of Los Angeles' snazzy Wilshire Boulevard (in Prudential's big new building). To strike a spark, he had stocked the store with cotton dresses at $1, woolen dresses at $3.95, nylons for 97? a pair. Just nine minutes after the store opened, he had to shut the doors again. Some 20,000 shoppers had clogged the aisles and escalators. Less than two hours later Ohrbach's was on the air with fervent pleas of "Please, please don't come...
Upside-Down Paintings. Vienna-born Ned Ohrbach, an immigrant's son, started as a clerk, worked up to buyer for Ehrich Bros, department store. He founded Ohrbach's in 1923, a block from Manhattan's famed, price-cutting S. Klein...
Houston completed his third year of varsity competition here this fall. He played left tackle most of 1946 when Ned Dewey was hurt, and has been the outstanding Crimson lineman for the past two years...
Married. Edward Beale ("Ned") McLean, 30, balding son of the late Washington Hostess Evalyn Walsh McLean; and Manuela Hudson ("Molly") Vanderbilt, 34, brunette first wife of Millionaire Turfman Alfred Gwynne Vanderbilt; he for the third time, she for the second...