International Marxist Group Archive

Magazines, bulletins and booklets of the IMG and its forerunners, 1961–1984

R.P.M. effects less than 30% of retailers

The Week Vol. 1, No. 4, 22 January 1964 · p. 6 of the scan · 219 words

The scan: The Week v1 no4.pdf (PDF, Marxists Internet Archive, opens at this page)

Uncorrected machine reading. This text was read by machine (Tesseract OCR) from a scan of a stencilled typescript and has not been corrected. Expect misread words; titles in particular are often garbled where the issue printed no contents list. Quote from the scan, not from this page.
How this article was cut and titled: capitals heading; heuristic; title from the issue's contents list (match 0.60).

The Goonomist of January 18 carried an item which estimated the extent to which R.P.M. is current in retailing. It said: “ather less thon 30% of retailers in Britain, at a rough estimate, are significantly influenced by resale price maintenance. So its gradual abolition under the terms that the Government has proposed should not mean any sudden revolution for the shopper. Nor can the trades that might be able to secure exemption from the rule of abolition even be guessed at, until the grounds on which they can plead justification are published. Ono is therefore left with the knowledge that the main branches of retailing in which R.P.M. still prev-ils are confectionery and tobacco; the motor business (though there is no R.P.Ji. in the petrol trade); other durable goods; chemists; booksellers and drink shops, These trades sales added up to nearly 27% of retail sales in 1961. There should perhaps be added to these such sales of foods as are still made at manufacturers! set prices, though when nearly all of these have abandoned the attempt to onforce observation of R.P.I{.3 a small prop= ortion of furniture sales s and also those clothing sales where it is also enforced, as on some brands of stockings. ltcgothor, the total must be less than the 30-45% of retail trade officially quotedsee."

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