Word: profitability
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Dates: during 1950-1959
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...Publishing Co., Paul Smith set as his first goal the job of getting into the black. Last week, after 18 months on the job, he reached it. For the first time in nearly three years, Crowell-Collier (Collier's, American Magazine, Woman's Home Companion) showed a profit: $100,000 for the first half of 1955, v. a loss of $1,734,510 for 1954's first half. In this year's second quarter even Collier's, the company's biggest money-loser, brought in a profit...
...fewer than 1% of the manufacturers approached by Shaw actually carried through with productivity plans. He blamed the lack of interest on trade associations, such as the French Women's Garment Industry Federation, which would rather suppress competition and preserve high profit margins than raise wages and lower prices by increasing employees' output. After three years in which he had not once seen France's anticartel laws enforced, Shaw said French enterprise is more fettered than free. His prescription: some U.S.-style "trustbusting" to dissolve restrictive cartels...
Beyond the brewing, Anheuser-Busch faces complicated pricing and distribution problems. The company charges its wholesalers $2.46 per 24-bottle case, yet it makes only 14? profit. The rest of the average $5-per-case retail cost of Budweiser goes for retailers' and wholesalers' markups, steep state and local taxes. To conform with varying local liquor laws, Anheuser-Busch has to use some 600 different labels, packages and bottle caps...
Paris, Anyone? But in this bright picture there were plenty of dark spots. Many a dealer called the boom "profitless prosperity," as he cut his profit as low as $25 per car. New sales gimmicks blossomed every day. Miami's Colonial Pontiac Agency offered a weeklong, all-expense-paid trip to Paris for every new-car buyer, had 20 takers in the first week. With each Studebaker sale Washington's Lee Butler gave out one share of Stude-baker-Packard stock, free gasoline for the first 1,000 miles. Los Angeles dealers brought in customers by offering...
...Dallas. Manhattan's Max Lasko (Stu runs," debaker) and even allowed $1.000 Cadillacs on were "any car selling that at discounts in Cleveland, Dallas and Miami. As a result, the National Automobile Dealers Association does not believe that dealers can even maintain the low (3%) profit margin on sales that they averaged for the first quarter. Said H. W. Robin son, general manager of Atlanta's Harry Sommers Inc. (Chrysler): "I haven't seen any profits for so long that I wouldn't know what they look like. All we are doing is working...