RETAIL TRADE Have a Shirt
The familiar gold-and-black "A. Schulte" cigar-store signs on 186 busy streetcorners in the East and Midwest will be coming down soon. Up in their places will go flashy new signs reading: "D. A. Schulte, Inc., Fashion Haberdashery for Men & Women.'' Instead of cigar stores that dabbled in men's ties, shirts and socks, this week Schulte's was turning itself into clothing stores that dabbled in tobacco.
Schulte has been flirting with the haberdashery business for nearly ten years, ever since the company went through bankruptcy reorganization in 1940. The new management figured that...