Word: smaller
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...difficult one for department and specialty stores, owing chiefly to the falling off in total sales and in the size of the average sale brought about largely by the decline in prices. Stores were able to make small reductions in the cost of handling the average transaction, but the smaller sales volume resulted in percentages of operating expenses to sales which were considerably higher than those for any other year covered by the Harvard studies. These higher rates of expense were accompanied by rates of gross margin slightly smaller than those achieved in 1930; so that earnings were substantially reduced...
...capital owned amounting to 36 per cent of sales. Gross margin, on the other hand, was only 33.2 per cent of sales, so that these department stores last year commonly earned 2 per cent on net worth. Specialty stores with sales. of $2,000,000 or more reported a smaller net loss on their merchandising operations, 1.7 per cent of sales, but a smaller final net gain on net worth, 1.6 per cent. The smaller department stores and specialty stores in 1931 had average results distinctly less favorable...
...expenses, and profit per average gross sales transaction. These figures show clearly that stores last year reduced the cost of handling the average transaction. This resulted in part from an increase in the average number of transactions handled per employee. The slightly lower percentages of gross margin on the smaller average sale, however, did not yield sufficient margin to cover even the reduced expenses...
Amateur heavyweights, because they are usually youths who have grown too rapidly, are not likely to be as good as the men in the smaller classes. Among the 146 boxers in last week's tournament, there were two exceptions to this rule: John Kilcullen, a 195-lb. Yale sophomore whom experts had picked to win not only the A. A. U. championship but the world's championship at Los Angeles next summer; and Fred Feary, a 20-year-old high-school boy of Stockton, Calif., who bounces about the ring as lightly as though his 215-lb. body...
...Gerli & Co. have a year in which to distribute the silk. They expect to sell about half (the poorer grades) in Japan and the Orient, the better grades in the U. S. and Europe. Because it was understood that henceforth Japan will try to stabilize silk only by urging smaller production and because the visible supply was equal to only a three-month supply, raw silk merchants last week were inclined to be bullish...