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Word: mailordermen (lookup in dictionary) (lookup stats)
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...pages, lists 40,000 items. Prices average 18-25% lower than a year ago. Chief catalog change is that the book is divided into eleven departments which arrange goods as a department store would. This change is attributed to President Sewell Lee Avery, is considered a tremendous innovation by mailordermen. Said President Avery last week: "The economic principles of selling by mail are as sound and acceptable today as when this business was started 60 years ago." Last week the company reported a second quarter deficit of $726,002 against a $2,541,733 deficit in the preceding quarter...

Author: /time Magazine | Title: Business: Deals & Developments | 8/1/1932 | See Source »

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