The Economy: The Great Shopping Spree

(See Cover)

Through the hordes of January sales shoppers in Macy's Manhattan store last week moved one of the toughest customers ever to confront a salesperson. As the board chairman of R. H. Macy & Co., Jack Isidor Straus is not only the biggest man in the world's biggest store but the chief executive of a 49-store chain that serves 110 million people a year. Yet Jack Straus, at 64, enjoys none of his duties so much as that of playing the indignant consumer. A man with the saucer eyes and eager...

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!