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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - February 24, 1973, Lethbridge, Alberta nes Winthrop Rockefeller, former Arkansas governor and son of multimillionaire John D. Rockefeller Jr., died at the age of 60 in Palm Springs, Calif. Extensive reorganization started in Loblaw stores TORONTO (CP) - Loblaw Companies Ltd is in the midst of the most extensive reorganization in its history. Management is being shuffled, supermarkets failing to produce satisfactory profits are being closed and the "food price war" is being fought with renewed vigor. The man calling the shots in the $10-million facelift is 32-year-od Galen Weston. His father, Garfield Weston, is head of George Weston Ltd which controls Loblaws. When Galen was appointed chief executive officer of Loblaws, he replaced his father's long-time friend George Metcalf who remains chairman of the company and has responsibility for several Loblaw subsidiaries. With sales fallng below acceptable levels, the company is attempting to change the Lob- SERVICE STATION OPPORTUNITY Pacific Petroleum Ltd. has an excellent career opportunity for a person desiring to succeed in the automotive service business. Various locations are or will become available in southern Alberta and the East Kootenays area of British Columbia in the near future. Pacific 66 offers dealer support including:  Advertising and Promotion  TBA Programs  All Credit Cards Program  Dealer Financing Available A man with appropriate automotive background is preferred but all applications are welcome. Some capital is required. Direct enquiries to Mr. Dave Pearson, Pacific Petroleum Ltd., 1305 Michigan Place, Lethbridge, Alberta. law image. ] The yellow - fronted supermarkets, however, are not entirely responsible for the profit decline. In fact, they contribute only about $400 million of the more than $2,500 million sales of Loblaw Companies Ltd. . Loblaws, through its principal subsidiary, Loblaw Groceterias Co., controls several businesses in Canada and United States, including Pickering Farms, Super City Discount Foods, Busy B Discount Foods, G. Tamblyn Ltd. and Sayvette Ltd. in Canada and National Tea, an 800-store supermarket chain in the U.S. Pressure on the company ballooned with introduction of the food price war by one of its rivals in 1970. But it began earlier, and since 1965 shares of Loblaws have fallen to a recent $6 from $12. Officials say the two main problem areas are the Loblaw supermarket chain and National Tea, which was hit financially by the U.S. wage and price controls. Since his appointment as head of Loblaws, Galen has closed 78 per cent of the company's stores in Ontario and has ordered the redesign of 18 others in Toronto, Ottawa and London. "As a 200-store chain we didn't look very good," Galen said in a recent interview. "As a 100-store chain we looked very good indeed." But eliminating "dead weight" is not enough. Galen also has initiated a new advertising campaign to update the Lobaw image. The slogan "the price Is right" ig becoming synonymous with the company. Even the familiar yellow tiles are disappearing. One Toronto store, redesigned a year ago without tiles, says business is up 'substantially.' As far as the long-term outlook is concerned, Galen says it is "optimistic' Mr. Metcalf, who takes "great credit" for the company's progress, is in favor of the younger approach. "The young people-that's the real story. Galen Weston-this is the man who's going to take over this show." Arthritis cure puzzles police KITCHENER, Ont. (CP) -Police still were scratching their heads today after reading one of this weeks traffic reports. Noticing a car being driven erratically by three youths, they stopped it and, after questioning the driver, opened the trunk. There was an elderly man tied with a leather strap to an inner tube and a cushion. Kidnapping? No. The man told the constables he suffered from severe arthritis and he had paid the youths to tie him in the trunk of the car twice a week and then drive over rough roads. He said it "works every time" to relieve his arthritic pain. Police did not release names. AT BENY'S YOU CAN DEAL WITH TRUST See Louis La rock, one of our experienced sales leaders. He's anxious to give you the "Red Carpet Treatment." Ask Louis about the special savings now being offered on 1973 Demonstrators. He suggests that you Deal with Beny. You'll BENY-FIT. ASK ABOUT THE 50,000 MILE NEW CAR POWERTRAIN LUBRICATION GUARANTEE. LOUIS LAROCK LIFETIME OK WARRANTY ON OUR QUALITY USED CARS AND TRUCKS CHEVROLET 0LDSM0BILE PHONE 328-1T 01  OK SUPERMARKET LOT  MAIN GARAGE and SHOWROOM Ontario asked to buy more Alberta coal^ EDMONTON (CP)- Premier Peter Lougheed said yesterday he has asked Ontario to consider using more Alberta coal. He told the legislature he particularly is interested in seeing Ontario Hydro burn more Alberta coal. He was replying to a question from Gordon Taylor (SC - Drum-heller). Quality of coal had been a concern of Ontario officials, said Mines Minister Bill Dickie, but this no longer was a factor. The cost of transportation to the east was the biggest problem. Industry Minister Fred Peacock said ways of lessening transportation costs are being studied. ART EXHIBITION EDMONTON (CP) - The Edmonton Art Gallery is planning a series of art exhibitions as part of its 50th anniversary, curator Karen Wilkes says. The 50th anniversary exhibition, which opens April 5, will trace the history of art in Alberta. Saturday, February 24, 1973 - THE LETHBRIDGE HERALD - 21 STAKES RUN HIGH IN BIG POKER GAME LAS VEGAS, Nev. (AP) - Playing cards flashed across a green felt table today as high-stakes poker players gathered to renew a contest described as the biggest game ever sponsored by a casino. The players, including Ama-rillo (Slim) Preston, a cocksure gambler who won the World Series of Poker here last year, took their places at the Golden Nugget Casino early today after adjourning for about six hours of sleep. The stakes climbed to $270,- 000 at one point Thursday and Slim said the biggest winner was Sid Wyman, a Dunes Hotel executive who checked out with $65,000. One of the big losers dropped $45,000 In the poker playing which began Wednesday and lasted 16% hours before play was interrupted for sleep, Slim said. Each contestant sat down with a minimum of $10,000 in chips for the marathon session of "hold-em," a variety of seven-card stud. I^lngiand, l^Jereditk (J^nsuranceJ oCtd. INSURANCE IS JUST NOT PART OF OUR BUSINESS -IT IS OUR ONLY BUSINESS Phone 327-3009 CONN VAN HORNE JACK WARBURTON 507A 7th STREET SOUTH SLIM PRESTON LETHBRIDGE COMMUNITY COLLEGE invites applications for ACADEMIC VICE-PRESIDENT EXPERIENCE AND EDUCATION-Applicants should possess at least a Masters degree and have a varied 'background of administrativa experience. Administrative experience in business and educational institutions wll be a definite asset. RESPONSIBILITIES-Will plan, organize and administer, under tha direction of the President, the total educational program of the College. Implement policies, procedures and programs related to these activities. Assist in interpreting the programs of the College to the community and other interested outside groups. SALARY-Salary for the above position commensurate with qualifications and experience. APPLICATION DEADLINE-March 30, 1973. APPLICATIONS-Interested persons should apply for the standard Application for Employment form tot The Director of Personnel Lethbridge Community College LETHBRIDGE, Alberta for Quality, Service and Satisfaction Shop these Specials at.. �. THESE SPECIALS IN EFFECT ONLY AT -  CENTRE VILLAGE IGA-LETHBRIDGE MONDAY and TUESDAY, Feb. 26th and 27th FREE DELIVERY WE RESERVE THE RIGHT TO LIMIT QUANTITIES PRICES IN EFFECT UNTIL CLOSING TUESDAY, FEBRUARY 27 KING SIZE ORANGE CRYSTALS SUNGOLD ALL FLAVORS AND DIET PEPSI-COLA 28-oz. BOTTLES (PLUS DEPOSIT) (Limit 2) !   * 160-oz. |ug pkgs. for TABLERITE CANADA GRADE A T-B0NE or SIRLOIN STEAKS BY THE PIECE CANADA NO. 2 GEMS Side Bacon I Potatoes EVERSWEET FRESH FROM OUR IN-STORE BAKERY BREAD WHITE OR BROWN UNSLICED lb.   loaves ;