End To Restrictions On Footwear Trade Urged
(P.A.) AUCKLAND, Aug. 13. “Now that footwear is in ample supply the shoe trade is confident that in the final analysis the public will receive satisfaction and better value if the restrictions on service and enterprise imposed by price control were lifted,” Mr. J. A. Stenberg, chairman of the Footwear Trade Groun and vicepresident of the New Zealand Retailers Federation, stated today. Mr. Stenberg said the footwear section of the federation accepted the reduction of two and a-half per cent, in their mark-ups with the gravest misgivings over its effects on the economic stability of the average shoe retailer. The trade had unavailingly drawn the Price Control Division's attention to the fact that the new mark-ups were based on outdated balance-sheets bearing no relationship to the present trading conditions.
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Gisborne Herald, Volume LXXVI, Issue 23024, 15 August 1949, Page 6
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136End To Restrictions On Footwear Trade Urged Gisborne Herald, Volume LXXVI, Issue 23024, 15 August 1949, Page 6
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