Penneys eyes financial services expansion amid retail realignment
Penney Stores Inc plans to explore a role in financial services while evaluating current ventures. The retailer has opened five financial service centers, acquired a bank operation, and tied with a savings and loan, signaling a broader push into financial services as analysts view it as a path to affluent suburbia.
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Elyria, O
Mon
Chronicle-Telegram
Penney
Penneys
J.C. Peahey Stores Inc
California Savings and Loan
Sacramento
Videotext Systems
Minneapolis
Delaware
William R. Howell
Sears, Roebuck & Co
Allstate Insurance
Dean Witter Reynolds Inc
Coldwell Banker
Sears
Thomas J. Lyons
J.C. Penney Financial Services
Bruce Greer
Drexel Burnham
Bernard Sosnick
L.F. Rothschild, Unterberg, Towbin
Threading a Hartmarx suit: 175 shades and vast supplies
A garment worker in a Chicago Hartmarx plant reaches for one of 175 thread shades used in Hart, Schaffner & Marx and Christian Dior suits. Each year 515 million feet of thread, 6.7 million buttons, and 1.3 million yards of lining are consumed for the two brands.
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Chicago
Hartmarx
Equator
Coca-Cola Enters Caffeine Free Market With New Drinks
Coca-Cola USA plans to market caffeine free versions of Coke Tab and Diet Coke in Denver and Salt Lake City. Industry views the move as defensive, aiming to capture a growing segment that could reach double digits in four years.
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Chicago
Coca- Cola Co
Industry Journal
Beverage World
Coca-Cola Co
Pepsi-Cola
Dr Pepper
Royal Crown Cola
Coca-Cola USA
Denver
Salt Lake City
Brian Dyson
Coca-Cola
Opening stocks drift lower in profit taking
The Dow Jones industrial average fell 8.51 to 1217.69 in early trading as declines led advances 3 to 2 on the NYSE. Analysts saw no dramatic news behind the reversal though indicators suggested continued recovery and rate declines. Sears Roebuck and Standard Oil of Indiana were among the leading early losers.
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New York
Sears Roebuck
Standard Oil
Indiana
Lince International plans Ohio Far East Trade Mission in Oct 1983
Ohio firm Lince International Co plans a Far East trade mission for October 1983. A survey gauges interest from Ohio exporters and firms already doing business in the region. Free survey forms are available from Charles Lin or Margie Goldberg.
MENTIONED IN THIS ARTICLE
Lince International Co
Columbus
Ohio
Far East
Charles Lin
Chesterton Lane
Margie Goldberg
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