Word: supermarketing
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...check in about seven years. Someone who lives 15 years after retirement at 65, the normal lifespan today, would be receiving a pension worth only about 25% of its original value at the time of his death. Concedes John Balch, vice president and treasurer of the Jewel Companies, a supermarket and drugstore chain: "In most cases right now, pensions end up being inadequate." Edward O'Gorman of Houston worked as an accountant for a steel-fabricating firm for 30 years and luckily invested well. Says he: "I couldn't go a week on my pension without other financial...
...owns Allstate, an $8.5 billion insurance company, and a $3 billion California savings and loan association, also called Allstate. Moreover, the firm has announced that by the end of this year it will begin soliciting the public for investments in a new money-market fund. This type of financial supermarket would be similar to those set up by Prudential Insurance, when it acquired Bache, or American Express, when it merged with Shearson Loeb Rhoades...
Reinhart is "housefather" in Winona's luxury apartment, sipping a vermouth cassis-he has forsaken his customary tumblers of bourbon-and garnering a local reputation for the classical cuisine. Hired by high-powered Grace Greenwood to demonstrate gourmet-food preparation in supermarkets, he is shocked to discover that the executive gorgon is Winona's lesbian lover. Blaine's wife has an erotic nervous breakdown in Reinhart's bedroom. Genevieve returns to stage a breakdown of her own. Helen Clayton, his supermarket assistant, bolsters Reinhart's flagging sexuality with motel trysts. A neighbor, Edie Mulhouse...
Galatia (pop. 1,023) sits alongside the two-lane tarmac of Highway 34 in Southern Illinois like hips on a snake. Barely. There is a cluster of neat single-story frame houses, a couple of eating places, a bank, a gas station and small supermarket. A lone yellow blinker slows traffic a little. But few outsiders ever stop, and that is fine with Galatians, who have better things to do than chat. They raise corn, graze cattle and dig coal for a living. "Until lately," drawls one miner, "two dogs crossing the road at the same time...
Initially geared to produce 20,000 sandwiches daily, the Lodi, N.J., Chipwich factory has scheduled an increase in output to 200,000 on Oct. 1, and the company is preparing supermarket and cart distribution in Sunbelt states. "It's been one of those American dreams," says Chipwich's creator Richard LaMotta...