WHAT IS A FAIR PROFIT?

Star (Christchurch), Issue 20043, 4 September 1920, Page 9

WHAT IS A FAIR PROFIT?

1 This has been a much discussed question dining the past twelve months, and however opinions may differ, there is no denying tho fact that the “fairest" profit of all is the one that means tho lowest price to tho consumer. To get that, you must have tho best system of distribution. Eliminate the unnecessary handlings and profits, and you reduce the cost tremendously. “Every middleman makes a profit, every profit makes the price so much more. The complete elimination of the middleman is the keynote of ,llauoox and Stcere’s business, and their clothing for men, and woollen piece-goods are all sold direct to tho public from their warehouse, at genuine wholesale prices. From LA os a good, serviceable, well-fit-ting suit may now be obtained, and this means a big saving. Tho secret of thoir low prices is—buying their cloths m hulk direct from the mills, making it up on their own promises, and selling direct to the public for cosh only, buy an “ 11. and S.” sao suit ready for service, and you won’t pay fancy prices for suits again. Hours! 9 a.m. to 5.30 p.nv., late night Fridays, close 1 p.m. Saturdays, liancox and fcjtcero. Ltd., 174, Oashol Street (upstairs), near corner of Manchester Street. 7