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Word: markup (lookup in dictionary) (lookup stats)
Dates: during 1950-1959
Sort By: most recent first (reverse)


Usage:

...fast that Britain's Institute of Directors lists 25,000 members; a decade ago there were only 400. Also spreading is the U.S. style of low-markup, high-volume operation. Germany's Mail-Order Magnate Joseph Neckerman has grown into a sort of Teutonic Sears, Roebuck in fewer than ten years. He sells a list of 5,500 items through 22 mail-order stores, 48 special-appliance stores, and by undercutting the competition as much as 25%, tots up sales of $125 million annually. Says Neckerman, expounding a U.S. philosophy: "The consumer is king...

Author: /time Magazine | Title: World Business: Hard Work and Vast U.S. Investment Begin to Pay Off | 12/28/1959 | See Source »

Dramatically Kefauver's staff presented a chart showing that the Schering Corp. sold bottles containing 100 tablets of prednisolone, an antiarthritic drug, to druggists for $17.90, although the cost of buying the drug from another drug manufacturer and bottling it came to only $1.57. Was this markup of 1,118% fair? Kefauver asked...

Author: /time Magazine | Title: DRUGS: The Double Image | 12/21/1959 | See Source »

...much, said Brown haughtily, the problem is "inadequate income rather than excessive prices." In reply, the subcommittee staff brought out that Schering bought some hormone tablets at 12? per 60 from a French manufacturer, wholesaled them as "Progynon" for $8.40 with a consumer price of $14-a 7,079% markup...

Author: /time Magazine | Title: DRUGS: The Double Image | 12/21/1959 | See Source »

...markets). Some stores still do not sell frozen foods, leave the meat to the outside butcher; only a few are big enough to produce their own brands of canned goods. But they all have one thing in common with U.S. markets: high-volume, low-markup operations, which give customers more for their money and the operators more profit...

Author: /time Magazine | Title: BUSINESS ABROAD: La M | 11/16/1959 | See Source »

...hats so high priced? Top hat workers get high wages ($4.50 an hour) and spend an average of six hours' work on a Victor hat. The markup is high (100% to make up for the seasonal nature of hats, greater sales risk and packing costs...

Author: /time Magazine | Title: Business: SALLY VICTOR | 3/30/1959 | See Source »

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