Business & Finance: The Road Back

To show off its new line of Christmas merchandise, McKesson & Robbins, Inc. last week gave a holiday-style party for Houston druggists. There was eggnog, turkey with all the trimmings, even a Santa Claus (and to help welcome the druggists, three feminine assistants in low-cut gowns). McKesson hopes its customers enjoyed themselves enough to run its Christmas sales in Houston up to a million dollars this year, or double last Christmas' sales.

By shrewd selling, McKesson has become the biggest U.S. wholesaler of drugs and liquors. It has come a long way since the dark days of 1938 when its president, F....

Want the full story?

Subscribe Now


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

Learn more about the benefits of being a TIME subscriber

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