U.S. SHOPS IN EVERY LAND.

Taihape Daily Times, 12 August 1919, Page 2

U.S. SHOPS IN EVERY LAND.

£20,000,000 INVASION. The announcenlont is made in Néw York of ‘a vast scheme to organise :1 chain of multiple «shops *fllroughou*; the world, which will be backed by some of the most powerful business interests in the United States. The On‘rorprise will be Imdcl't:Jken by :1 com-p:-‘my calling ifself the Tnited Retail Sforvs Col'pol'at'ion, having :1 capital to s‘.‘zll't'. with of £20,000,000.

] The new company intends to Open retail shops for all kinds of produce, {principally dry goods, groceries, fo0(l~ l,s*-fuH’s, tobacco, and confectionery. Existing companies con"rrol chains of multiple Shops in various parfs of the World will be absorbed either by purchase outright or the exchange of stock, or else -new chains will be estnblished. The scheme will starf with the British Isles, and c‘e.r’r:lin countries of South America, and the'iEasf. Great economy is expected ‘co result from wholesale buying of standard commodities on an enormous Scale, according to the promoters of the venture. In many instances supplies will be; m:lnufuetlll‘ed by fhe company ifSelf,' and it may have its ‘own farms.