PRICE CUTTING
LARGELY RESULT OF ADVERSE CONDITION OF TRADE MODERN METHODS ALSO WELLINGTON, Tuesday. Speaking at the New Zealand Master Grocers' Federation to-day, the Hon. J. G. Cobbe said it certainly was true that during the past two or three years, largely as a result of the adverse trading conditions, an increased numher of retailers and wholesalers in various trades had made a feature of cutting prices for some of the lines that they sold. An improvement in trading conditions would probably bring relief to members of the Federation who had been seriously affected by the pricecutting tactics of their competitors. He pointed out that all price competition was not price-cutting. New methods of distribution had arisen and were still being evolved. The process of rationalisation of industries had brought with it new methods of distribution, as well as of production. Members of the Federation had it in their power to push saies of New Zealand products, and he hoped they would co-operate with manufacturers hy inducing the purchasing public to exercise a definite preference in favour of locally made article's.
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Bibliographic details
Rotorua Morning Post, Volume 1, Issue 138, 3 February 1932, Page 3
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181PRICE CUTTING Rotorua Morning Post, Volume 1, Issue 138, 3 February 1932, Page 3
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