Synopses & Reviews
Synopsis
Excerpt from Operating Expenses in Retail Shoe Stores in 1921
The record of the last three years, taken together with the data that had been compiled for the pre-war period, furnishes a history of the trade that should be of value to shoe mer chants for future guidance in the conduct of their business. This record shows how the profits of prosperous years are likely to be wiped out by the losses of years of depression unless exceptional foresight is exercised in preparing the business for a slump. The summary of the figures for the year 1921 is therefore an essential link in this history of the changes that have occurred in this trade during the ups and downs of business prosperity.
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