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His grandfather, David Schulte, was founder of a large real estate and retail concern, which included a chain of over 300 cigar stores in the Northeast, A. Schulte Cigars.
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Shares of Genesco, a Tennessee-based footwear and accessories retailing concern, have more than doubled from last May's 52-week low.
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In the 1970s, Mr. Sundlun became president and chief executive of the Outlet Company, a Providence-based retail and broadcasting concern founded in the 19th century.
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