GUS has dividends in store
Article Abstract:
Great Universal Stores is a UK retailer which is faced with succession decisions over the chairmanship of the company when Lord Wolfson retires. The company is generating cash and shareholders look set to benefit. The shares appear to be a solid investment for the long term. The home shopping division has emcountered problems, but the company has a wide range of activities and regional bases, including the FarEast, accounting for some 33% of sales.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1995
User Contributions:
Comment about this article or add new information about this topic:
Woolworth
Article Abstract:
Woolworth Corp. has been affected by poor trading, and general merchandise store have been especially affected, with specialist stores gaining more investment. The company reported a loss for 1995, partly due to an accounting charge relating to fixed asset values and goodwill. The company has reduced its inventories and has improved its product range, while expenses have been lowered by cutting out dividends for ordinary shareholders in 1995.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
Corbett hits out at Woolworth critics
Article Abstract:
The future of Woolworths is examined in detail. The company will be demerged from Kingfisher, and executive chairman, Gerald Corbett, sees Woolworths as having good recovery prospects.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 2001
User Contributions:
Comment about this article or add new information about this topic: