Economics of Retailing |
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able advertising amount average bargain big store business tax buyers capital cash census cent cerns chain stores chain-store system classes clothing Company competition concerns consumers costs customers cut prices dealers demand department store desirable distribution distributive business dry-goods Dun and Bradstreet economic efficiency employees Engel's law expense factor failure favor floor grocery handling income increase inside prices interest jobbers John Wanamaker kind labor large number license lines mail order house manufacturer ment mercantile agencies merchandise methods minimum wage Montgomery Ward number of merchants number of retail percentage possible price-cutting price-maintenance Printers probably profit proportion purchases quantity discount quantity prices regular regulation rent retail business retail stores salaries salesman salesmanship salespeople seems seller shoe sold specialty standard store managers sumer tendency things tion total number town trade turnover wholesalers
Popular passages
Page 17 - The interest of the dealers, however, in any particular branch of trade or manufactures, is always in some respects different from, and even opposite to, that of the public. To widen the market and to narrow the competition is always the interest of the dealers. To widen the market may frequently be agreeable enough to the interest of the public; but to narrow the competition must always be against...
Page 17 - The proposal of any new law or regulation of commerce which comes from this order, ought always to be listened to with great precaution, and ought never to be adopted till after having been long and carefully examined, not only with the most scrupulous, but with the most suspicious attention. It comes from an order of men, whose interest is never exactly the same with that of the public, who have generally an interest to deceive and even to oppress the public...
Page 390 - ... goods, or any other injured person, to an injunction against such practices, and shall be liable in such suit for all damages directly or indirectly caused to the maker by such practices, which said damages may be increased threefold, in the discretion of the court. "3. This act shall take effect immediately.
Page 338 - A license is a privilege granted by the state, usually on payment of a valuable consideration, though this is not essential. To constitute a privilege, the grant must confer authority to do something which without the grant would be Illegal, for, if what Is to be done under the license is open to every one without it the grant would be merely idle and nugatory, conferring no privilege whatever.
Page 385 - Charge any other expense not enumerated above. 12. When you have ascertained what the sum of all the foregoing items amounts to, prove it by your books, and you will have your total expense for the year ; then divide this figure by the total of your sales, and it will show you the per cent which it has cost you to do business.
Page 35 - It was frequently the location of the post-office, and served as the village social center for the men. The old box stove, the rickety chair or two, the near-by barrels, and the sawdust spit box, were the almost universal furnishings that equipped it for its social services. Here politics, religion, and neighbors were discussed. It may not be too much to say that here the tariff question, the government bank, internal improvements, foreign policies, and other important government matters were ultimately...
Page 35 - York, 1919), 23. furnishings that equipped it for its social services. Here politics, religion, and neighbors were discussed. It may not be too much to say that here the tariff question, the government bank, internal improvements, foreign policies, and other important government matters were ultimately settled. Certainly statesmen had to reckon with the forces of public opinion generated and cultivated around the stove of the country store. With all its inefficiency, its wasteful methods, and its...
Page 302 - After an extensive acquaintance with business men, and having long been an attentive observer of the course of events in the mercantile community, I am satisfied that, AMONG ONE HUNDRED MERCHANTS AND TRADERS, NOT MORE THAN THREE, in this city, ever acquire independence. It was with great distrust that I came to this conclusion ; but, after consulting with an experienced merchant, he fully admitted its truth.
Page 385 - ... others. 3. Charge in addition to what you pay for hired help an amount equal to what your services would be worth to others ; also treat in like manner the services of any member of your family employed in the business not on the regular payroll.
Page 385 - Charge all incidental expenses, such as drayage, postage, office supplies, livery or expenses of horses and wagons, telegrams and telephones, advertising, canvassing, etc. 9. Charge losses of every character, including goods stolen or sent out and not charged, allowance made customers, bad debts, etc.