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In Encyclopædia Britannica: Twelfth edition
The publisher was William J. Cox, Hooper’s brother-in-law, who, together with Hooper’s widow, bought back the ownership of the encyclopaedia from Sears, Roebuck and Co. in 1923.
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In Encyclopædia Britannica: Corporate change
In 1932 Cox resigned as publisher, and Elkan Harrison Powell, vice president of Sears—but with no publishing experience—was chosen to replace him, becoming president of the company. Powell organized the direct sales methods that gradually raised the sales of the encyclopaedia from their low watermark during the…
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In Encyclopædia Britannica: Thirteenth edition
…no longer be justified, and Cox determined to produce a revised edition of the whole work, aided financially by Sears. The financial aid needed was in practice so great that in 1928 Sears bought back the encyclopaedia, retaining Cox as publisher.
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