PS LS HORIZON page 47 imili Mr. Dombey's son, Martin, is the president of Jerusalem-based Targum Press, which has been in operation for 10 years. Besides being available through a mail subscription of $24 for one year, Horizons also is being sold locally at Spitzer's and Borenstein's bookstores. Mr. Dombey said about 10,000 advertising fliers were sent out throughout the United States and about 600 people have signed up for subscriptions. In addition to Israel and the United States, Horizons also is fte 1111111116:1/2,1, being circulated in Europe and Africa by another distributor. "It's available wherever there are Jewish people," Mr. Dombey said. Other Targum publications in- clude: From Our Sealed Rooms, recollections from the Gulf War; series of books for youths titled The B.Y. Times and Baker's Dozen; the Our Lives and More of Our Lives anthologies; and Fic- tion: Twenty Contemporary Jew- ish Stories. Targum also publishes many English transla- tions. No Vacation Monogram presents the first 36" trimless, built-in, cabinet-friendly refrigerator Our new refrigerator can accept a 3/4" decorative panel on the door with no trim or overlapping edges. Custom door handles can be mounted on the panel for a totally integrated appearance. The shallow case makes the entire unit flush and cabinet friendly. Call the GE Answer Center® service at 800.626.2000 for a brochure. Monogram SPECIALTIES SHOWROOM Kitchen & Bath - Appliances and Plumbing Fixtures 2800 West Eleven Mile, Berkley, MI (Between Greenfield/Coolidge) (81 Division of Management Specialties Corp. 0) 548-5656 T eirty five years ago, Harry old 'ara Ber/iit dreamed of a secure old digmrea' future for their daughter, Margaret - , Their dream, along with that of other parents of children with developmental disabili- ties, became the JARC of today. w Margaret now lives in the Blumberg Home in Pleasant Ridge and her life is full. To fulfill dreams of others in need, the Harry and Sara 'Berlin Home in Bloomfield Township, JARC's sixteenth, opened earlier this year. z•. You, too, can help fulfill dreams. ?o, Send a $25 Silver Anniversary JARC tribute.a• Attend our annual fundraiser. Become a JARC volunteer. A Jewish Association for Residential Care for persons with developmental disabilities 28366 Franklin Road, Southfield, Michigan 48034 They came to Israel to sightsee and celebrate their endowment, but they ended up sweating out a bidding war. ALLISON KAPLAN SOMNER SPECIAL TO THE JEWISH NEWS V era and Gerald Weisfeld have some advice for tourists. Don't bother com- ing to Israel when you are in the midst of a tense bidding war for a company worth millions in the United Kingdom — you won't see much of the country. The couple was visiting Israel recently from Glasgow, hoping to sightsee and celebrate their en- dowment of a chair at Tel Aviv University. But they spent most of their time glued to the telephone and the fax machine in their hotel suite, waiting to hear last-minute developments in their struggle to purchase a wounded giant of a re- tailing chain in England. Even dressed up, about to leave for an elegant evening on the town, they seemed on edge as they sat in their suite overlook- ing the Mediterranean. Mrs. Weisfeld, was able, at least, to stay on the sofa, but Mr. Weisfeld jumped up every five minutes to head for the telephone. Little wonder they were on edge. The couple's bid to bail out the ailing Pbundstretcher chain of British discount stores had tak- en them for a roller-coaster ride over the past several months. They knew if they became Pound- stretcher's rescuers, it would mark a dramatic return to the world of British retail after a four- year hiatus. "When we sold out (our dis- count retail chain), we didn't sell our brains," Mrs. Weisfeld said. "We have 30 years of retailing ex- perience. This opportunity fit our talents like a glove." More than 20 years ago, they opened a small discount store at the seedier end of Glasgow's main thoroughfare and built it into a chain of successful discount out- lets called What Everyone Wants. After the company grew to the point that it had 1,800 employ- ees and over half a million square feet of selling space, the Weisfelds sold it for a whopping $50 million. The sale catapulted them into the ranks of the United Kingdom's rich and famous. Since that sale four years ago, the Weisfelds have spent most of their time managing and enjoy- ing their wealth. But apparently the chance of an encore performance in the re- tail world was enough to tempt them away from their life of leisure. Poundstretcher seemed to be the perfect opportunity. The chain, owned by the Brown and Jackson Company, currently em- ploys more than 4,000 workers and operates 230 stores in the United Kingdom. But it is in dire straits. For the past three years, the company has shown steady losses and sup- pliers are threatening to withhold goods until they have been paid. In the first quarter, the com- pany showed losses of between $6-9 million with sales plum- meting 10 percent and share prices dropping accordingly. As late as mid-April, it seemed certain the Weisfelds would be the white knights who would save Poundstretcher. The company's board fully sup- ported the Weisfelds' offer to inject $6 million into the company, which would give them a 19 percent stake, with an option to later increase their holding to 41 percent. They would then step in as consultants to the company, us- ing the expertise that made What Everyone Wants a success to turn the stores around. Everything was going along smoothly until the first week of May, just before the shareholders were to approve the Weisfelds' offer.