RETAIL TRADE: A. &. P. Reports

Practically everybody made more money out of the Great A. & P. last year than in earlier years, except John Hartford and his family, who own it. Washington got an extra $2,795,000 in taxes ($7,100,000, up from $4,305,000 the year before). Employes got $4,030,000 more, Eastern Division workers a five-day week.

The farmers got 53¢ out of every dollar—up from 47¢ in 1937. The public, according to the company's estimates, got its goods $50,000,000 cheaper than it could have got them under A. & P.'s 1935 methods.

On record sales of $1,115,774,000, up 21% over the year before, the company...

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!