Business: Broken Links

"The Year 1929 Will Go Down In The Annals Of Your Company As One Of The Most Extraordinary And Unusual In Its History." Last week stockholders of Kroger Grocery & Baking Co. recalled these words in the annual message, a year ago, from William Henry Albers, then president of the company. During the past fortnight events have transpired in such a way as to confirm Mr. Albers' statement beyond any stockholder's expectations.

Although the Kroger chain now has 5,600 stores and 23,000 employes, is supposedly negotiating for more, all has not been...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!