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September 30, 1994 - Image 44

Resource type:
Text
Publication:
The Detroit Jewish News, 1994-09-30

Disclaimer: Computer generated plain text may have errors. Read more about this.

"Great Rate"

New In Novi

Gorman's opens a prototype furniture store.

STEVE STEIN STAFF WRITER

G

7 MONTH CD

665-4030 Bloomfield Hills 258-5300
Ann Arbor (Downtown)
Ann Arbor (Main Centre) 665-4080 Farmington Hills 737-0444
882-6400
Grosse Pointe

Visit Any Branch, Or Open By Phone Today, 1-800-968-4425
Republic Information Center Hours
Monday-Friday 7 AM - 7 PM • Saturday 9 AM - Noon

REPUBLIC
BANK

Member
FDIC

Annual Percentage Yield (APT) is accurate as of September 26. 1994. Penalty for early withdrawal. Minimum of $1,000 balance to open and earn interest.

DISTINCTIVE

PERSONAL

BANKING

COMPAR
TH S RAT

1 2 month CD

5.40%

Annual Percentage Yield
00 minimum deposit • Interest compounded quarterly.

Your Con ➢ rnuniiy Bank

LU

(/)

LU

CC
F-
LU

CZ)

LLJ

image and design firm Cato Gobe
in conjunction with furniture
manufacturer Drexel Heritage.
Many store features were
based on a six-month nationwide
consumer survey of furniture
shoppers undertaken by Cato
Gobe.
Some of the furniture being
sold was created by Drexel Her-
itage in response to the survey.
The 50,000-square-
foot store (which is
three times the size of
Pk,se.
any other Gorman's lo-
cation) features mov-
able walls, oversized
'IOuching and
fabric
and wood sam-
squeezillg
ples and floor-to-ceiling
and turning
graphics. One highlight
is the Great Wall of
topsy-turvy
Chairs.
would be a
Furniture is placed
good idea too,
in groups to reflect con-
sumers' growing eclec-
• And it there's
tic tastes and close
inspection of the prod-
a. style you'd
ucts is encouraged.
like, but just
Customers can enjoy
fresh-baked cookies
and coffee from a mini-
kitchen while they are
checking out fabric and
wood samples at near-
by work tables.
Upholstered chairs
range in price from
$399 to $1,499, sofas
from $799 to $2,500,
dining room tables
from $799 to $3,000
and entertainment
centers from $2,000 to
The writing is on the wall. And the chair and the floor. $6,000. [T]

orman's president Bernie
Moray's sixth furniture
store is unlike any other in
his organization ... or in the
country, for that matter.
Located in the former Dobbs
Furniture store at the southeast
corner of Twelve Mile and Novi
Road in Novi, the newest Gor-
man's is a prototype store de-
signed by international store

Oakland
Commerce Bank

Farmington Hills
31731 Northwestern Hwy. • (810) 855-0550
33505 West 14 Mile Road • (810) 661-1703

LEADING ISRAELI STOCKS
TRADED ON U.S. EXCHANGES

Symbol Name

Exchange

Sept. 16 Sept. 23 Change

NASDAQ

'23.13

'21.75

ECI LF

Scitex
ECI Telecom

NASDAQ

'18.25

'17.00

TEVIY

Teva Pharm

NASDAQ

'29.88

'28.00

I EC
ELBTF

PEC Israel

NYSE

'29.50

'29.38

Elbit Computers

NASDAQ

'27.50

'26.00

ELT

Elscint LTD

NYSE

'2.38

'2.38

ELRNF

'11.63

'10.88

TAD

Elron Electronics NASDAQ
NYSE
Tadiran

'23.25

'23.13

CMVT

Comverse

NASDAQ

'10.81

'10.13

LANTF

Lannet Data

NASDAQ

'9.38

'9.38

ISL

First Israel Fund NYSE

'14.38

'13.63

SCIXF

-51.88

$0.00

'0.00

F-

Member FDIC

44

Rates subject to change without notice. Substantial penalty for early withdrawal.

Source: Allen. Olender, Prudential Securities,
West Bloomfield.

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