HAS COME TO STAY

Dominion, Volume 28, Issue 122, 16 February 1935, Page 8

HAS COME TO STAY

Success of Chain Store in England REPRESENTATIVE’S VIEW The opinion that the chain store has come to stay was expressed yesterday by Mr. H. Loewi, a representative of the British firm of Ala'rks and Spenser, the largest chain store establishment In the British Isles, who arrived in New Zealand yesterday by the Rangitiki. His trade was now reflecting the return of better conditions, and business was better in Lancashire and the West of England, while in the South of England it was very good indeed, he said. The King’s Silver Jubilee was a factor in making improved trade conditions. The future of chain stores was bound to be good, and in England they were to a certain extent replacing the individual establishments. The business was done in cash, and there was no credit. The stores dealt directly with the manufacturers, and were thus the means of saving the intermediate profit. There were no such things as agents’ commissions, and the trade was carried on. to the benefit of both the public and the manufacturer. His particular firm had branches established throughout the country, and the type of business carried on was very popular. It offered a wide choice of opening for new products, and a wide range of articles was sold, the prices at which .they were retailed never being above five shillings.

Air. Loewi- is returning home, via Columbia, after a visit to Australia. He is spending a month in this country, and will be In each island for two weeks. ■ - i ■ ■ r-i- ■ ■; -• ■ ■■