Word: turnoveritis
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This year the biggest annual business in the U.S. art market for the past decade will probably be done by a Manhattan department store, Gimbels. Last week Gimbels' art turnover was running at a rate estimated at close to $6,000,000 a year.
> Most thorough work so far has been done with radio-phosphorus. Hevesy and others have found that phosphorus turnover (metabolism) is slowest in the brain, somewhat faster in muscles and other organs, fastest in bones (which use 75% of the body's phosphorus). Since 1938 doctors have been using...
For Manhattan housewives the Safeway invasion means more self-service stores, more butcher shops. (Many Reeves stores now lack meat counters, undoubtedly will get them.) Biggest single item in the Safeway turnover: beef. It will be sold by well-shaven, well-breakfasted clerks without mustaches. So Safeway's Employes...
Last week many a Manhattan publisher, sucking at his pipe, pondered just such a professional. One of Manhattan's youngest publishing houses continued to tick off sales of America's No. 1 non-fiction best seller. That publishing house is Alliance Book Corp. Its best seller is Jan...
But there is another reason for this recent prosperity. Although department-store sales are 75% above their depression lows, inventories have risen less than one-third, and the gap between the two is the widest ever (see chart). Normally, low inventories are a sign of smart merchandising, meaning faster turnover...