Business Baron

The End of Resale Price Maintenance

The End of Resale Price Maintenance. A family grocer in Swansea in July 1964. Parliament has just passed the Resale Prices Act, and the makers can no longer…

The price on the packet is no longer the law.

A family grocer in Swansea in July 1964. Parliament has just passed the Resale Prices Act, and the makers can no longer tell a supermarket what to charge for their tea, their soap and their tins. A self-service store is opening on the high street, with trading stamps, and it means to undercut you on every line people can compare.

Starts
July 1964
Length
two years
Difficulty
Medium
Scored on
Reach £295,000 of annual sales
Business
Convenience Store

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