Word: profitability
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Dates: during 1930-1939
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...five & ten" is now pretty much a misnomer, with Woolworth and Kresge selling items up to $1. But in England "three & six penny'' still has some semblance of accuracy. Woolworth's, which opened its first English store in 1909 and last year had 711 with profit of $32,000,000. no longer adheres to the strict price policy. But its biggest rival, the 228 Marks & Spencer stores which earned just over $8,000,000 in 1937, still does...
...started by none other than that fabulous merchant, Harry Gordon Selfridge, who left Chicago to open London's first modern department store in 1909. Last year Self ridge's did $65,000,000 worth of business, some $20,000,000 of it in provincial divisions, at a profit of $4,000,000. One highly successful department was the 3d. & od. section. This fact, plus a growing certainty that England is slipping steadily into a business recession, are Merchant Selfridge's reasons for John Thrifty. He operated a 3d. & 6d. chain by that name for several years...
...Alberta's Social Credit Premier William C. ("Bible Bill") Aberhart, the profitless acres of the neighboring Province of Saskatchewan have long seemed a fertile field for the extension of his political and economic theories. For nine years, Saskatchewan's staple crop-wheat -has either brought non-profit prices or has been burned out by successive droughts. With more than half the Province's 930,893 inhabitants on relief, conditions are fairly favorable for ambitious politicians with any kind of palliatives...
...thumb- is simple enough in itself, not so simple in application. It presumes three simultaneous movements of stock prices, which may be compared to 1) tides. 2) waves. 3) ripples. Speculators try to ride the tides, sometimes duck in & out of the big waves; only the reckless try to profit by the day-to-day ripples. To judge whether the tide is ebbing or flowing, an observer watches the height to which successive waves lap on the beach; if the tide has been coming in, and the waves fall shorter & shorter. he suspects the tide has changed. Dow Theorists indeed...
...remained in the river. For the captain, crew, passengers and the general manager of the company operating the Yukoner, her failure to reach Dawson was a catastrophe; in those gold-rush days a Yukon River steamer paid for itself in one trip and made a profit of $41,000 to boot...