A retailing company in Cornwall, which was established seven years ago with a working capital of 2,000, now brings in a pretax profit of 16 on a turnover of 3m. At the same time it advertises on its goods an all round discount on average retail prices of something above 30. If one adds that two out of its three branches are operated withoutplanning permission and despite enforcement notices that its staff is selfemployed a situation which was instigated at the same time as SET was introduced and that the owner takes independence to the length of generating his own electricity, one begins to understand that this is a rogue organisation.
Retail and Distribution Management – Emerald Publishing
Published: Jan 1, 1973
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