RETAILERS ALSO CUT 2½ PER CENT.
Press Association
By Telegraph —
\\ LLL1N GTUN, JUiy l/. Follo-wing on tlie recent 21 per cent. reduc tipn in the wliolesale margins of most types of drapery and clothing, the Price Tribunal lias also reduced retail margins by the same percentage. The reduction applies in the main to similar lines in each case and includes most lines of men's, women 's and children 's clothing and manchester goods. The retail reduction will come into foree 011 August 1 for goods received into store as froni that date and on August 15 for goods in store before August 1. The extra fortnight in the second case is allowed to g'ive retailers time to reniark tlieir stocks. This reduction is in pursuanee of the Tribunal 's policy of keepiug margins of prolit. in line with 1 those ruling on' ciniilar goods on Sei>tember 1, 1939.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/CHRONL19460718.2.51
Bibliographic details
Chronicle (Levin), 18 July 1946, Page 7
Word Count
148RETAILERS ALSO CUT 2½ PER CENT. Chronicle (Levin), 18 July 1946, Page 7
Using This Item
NZME is the copyright owner for the Chronicle (Levin). You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in