Chain Stores Profit Rise Amid Shifting Retail Trends
UPI reports November retail sales at an annual $19.3 billion, with overall profits shrinking for many merchants in 1961. Chains gained 3 percent for nine months while department stores slipped. Discount and voluntary chains expanded, automating warehousing, though costs rose with new branches and dawn becoming costly. Prospects show demand growth may rebound, aided by personal income gains and evolving retail formats.
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New York
UPI
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Fire home escape drills urged for parents and children
A New York fire safety advisory urges parents to teach children how to escape a burning home. It stresses practicing multiple routes, choosing safe jumps to nets or ledges, and banning risky actions like leaping from windows. Parents should inspect furniture blocking exits and drill regularly with all family members. The piece also advises collecting everyone outside at a planned meeting point and calling the fire department after ensuring all are out.
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New York
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International Association of Fire Department
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APC
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Auto Industry 1962 Prospects Paralleled By Labor Strife
AP survey notes 1962 optimism in auto production despite strikes at GM and Axelins rivals. February and October sales fluctuated with layouts and shorter weeks lifting output early year. Compact cars, new size classes, and the rise of bucket seats shaped a year of evolving models and pricing trends amid union negotiations and cost pressures.
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General Motors
United Auto Workers Union
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Rome road crew unearths ancient Jewish temple remains
Roman workers blasting a road near Ostia uncover an ancient Jewish synagogue complex dating to around 300 years after Christ. The site includes a temple, Hebrew inscriptions, a candlestick depiction, ovens, and a wide synagogue believed to be the oldest Israelite community temple found in Europe. Archaeologists note evidence of Jewish bread baking and attest to historical Israeli ambassadorial ties connected to the temple’s era.
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Europe
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