HC Deb 12 May 1977 vol 931 c595W
Mr. John Garrett

asked the Secretary of State for Prices and Consumer Protection what is the average gross profit margin in the footwear retail trade; and how this compares with the average for all retailing.

Mr. John Fraser

My hon. Friend will realise that information given to the Price Commission in pursuance of its obligations under the Counter-Inflation Act is confidential to it. However, I understand that the gross margins of retail footwear outlets vary to a great extent, but are on average in the order of 40 per cent. This compares with an average of 31.6 per cent. for non-food retail outlets in the year ending December 1976.

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