For years, Chicago's International Furniture Co. and S. Karpen & Bros, have been at the top in their fields. International, which had 1950 sales of $13 million, plugs its popular-priced lines through such national outlets as Montgomery Ward & Co. and Sears, Roebuck and Co. Karpen, on the other hand, has always catered to the luxury trade (1950 sales: $8,000,000).
Last week the Cadillac and the Chevrolet of the furniture business got together. For $3,500,000, said International's Top Man Jay Levine, he and associates had bought the inventory and physical assets of the Karpen Co. Levine, who bought control of...
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