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....

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