RETAIL TRADE: Cash & Hurry

"The one thing we know . . . best is how to run a cash & carry business." There are no charge accounts or sales slips, no alterations or deliveries in Nathan ("Ned") Ohrbach's book on how to run a clothing store. If a dress is not sold in ten days, Ned knocks it down to cost; after another week he cuts it to half the cost (but seldom has to). Last year his two Ohrbach's, Inc. stores — on Manhattan's shrill 14th Street, and in Newark, N.J. — made a handsome profit of $1,500,000 on close to $40...

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