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99p Stores
99p Stores Ltd. was a family-run business founded in January 2001 by entrepreneur Nadir Lalani, who opened the first store in the chain in Holloway, London, with a further three stores opening later that year. In 2002, Lalani decided to expand the business throughout the UK and had rapidly developed 99p Stores, operating a total of 129 stores as of March 2010 and serving around 1.5 million customers each week, undercutting their main rival Poundland by a penny. As of mid-2009 the company offered more than 3,500 different product lines throughout its stores. Most of their stores were based in the south of the UK, although there were stores as far north as Liverpool and Hartlepool. The chain saw accelerated store expansion upon the collapse of Woolworths Group, where they took the opportunity to acquire 15 of these former stores, increasing their estate to 79 at that time. Landlords were regarding 99p Stores as an anchor tenant due to the significant number of customers one of thei ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Private Limited Company
A private limited company is any type of business entity in "private" ownership used in many jurisdictions, in contrast to a publicly listed company, with some differences from country to country. Examples include the '' LLC'' in the United States, ''private company limited by shares'' in the United Kingdom, '' GmbH'' in Germany and Austria, ''société à responsabilité limitée'' in France, and ''sociedad de responsabilidad limitada'' in the Spanish-speaking world. The benefit of having a private limited company is that there is limited liability. However, shares can only be sold to shareholders in the business, which means that it can be difficult to liquidate such a company. Abbreviations Albania In Albania a limited liability company ( sq, Shoqëri me përgjegjësi të kufizuar Sh.p.k) is a commercial company founded by persons of physical or judicial status, who are not liable for the company and personally bear losses only up to the outstanding contribution agreeme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Gosport High Street 99p Stores
Gosport ( ) is a town and non-metropolitan borough on the south coast of Hampshire, South East England. At the 2011 Census, its population was 82,662. Gosport is situated on a peninsula on the western side of Portsmouth Harbour, opposite the city of Portsmouth, to which it is linked by the Gosport Ferry. Gosport lies south-east of Fareham, to which it is linked by a Bus Rapid Transit route and the A32. Until the last quarter of the 20th century, Gosport was a major naval town associated with the defence and supply infrastructure of His Majesty's Naval Base (HMNB) Portsmouth. As such over the years extensive fortifications were created. Gosport is still home to and a Naval Armament Supply Facility, as well as a Helicopter Repair base. The Town area of the Borough, including Newtown, consists of the town centre, Stoke Road shopping area, Walpole Park, Royal Clarence Yard and three modern marinas: Royal Clarence, Gosport Marina and Haslar Marina. As part of the ''Renaissanc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Selotape
Sellotape () is a British brand of transparent, polypropylene-based, pressure-sensitive tape, and is the leading brand in the United Kingdom. Sellotape is generally used for joining, sealing, attaching and mending. In much the same way that Scotch Tape came to be used in Canada and the United States when referring to any brand of clear adhesive tape, Sellotape has become a genericised trademark in Britain and a number of other countries where it is sold. Sellotape continued to be made in Borehamwood until the late 1960s/early 1970s. History Sellotape was originally manufactured in 1937 by Colin Kinninmonth and George Grey, in Acton, west London. The name was derived from ''cellophane'', at that time a trademarked name, with the "C" changed to "S" so the new name could be trademarked. Sellotape was made at a factory in Borehamwood, Hertfordshire, from 1930 to about 1950 when it moved to Welwyn Garden City or thereabouts. One of the factory designers was E.F. Peat, an architect ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be attri ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilkinson (retailer)
Wilko Ltd., formerly Wilkinson Cash Stores (1930–1941) and Wilkinson Hardware Stores (1941–2014), is a British high-street retail chain which sells homewares and household goods. The company was founded in Leicester by James Kemsey Wilkinson in 1930, and remains in the ownership of the founding family. The founder's son, Tony Wilkinson, joined the company as a branch manager in 1960 and succeeded his father as chairman in 1972, retiring in June 2005. He was succeeded by his daughter, Lisa Wilkinson, and his niece, Karin Swann. In 2014, Karin Swann sold her family's 50% holding in the business to Lisa Wilkinson. Product range The Wilko product range concentrates on household essentials, including homewares, textiles, DIY, cleaning products, health and beauty lines, stationery, confectionery, pet products and kitchen and bathroom goods. Wilko sells seasonal lines such as gardening products in the summer, as well as Christmas decorations and an expanded toys and games range f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Chairman
The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the group, presides over meetings of the group, and conducts the group's business in an orderly fashion. In some organizations, the chairperson is also known as ''president'' (or other title). In others, where a board appoints a president (or other title), the two terms are used for distinct positions. Also, the chairman term may be used in a neutral manner not directly implying the gender of the holder. Terminology Terms for the office and its holder include ''chair'', ''chairperson'', ''chairman'', ''chairwoman'', ''convenor'', ''facilitator'', '' moderator'', ''president'', and ''presiding officer''. The chairperson of a parliamentary chamber is often called the ''speaker''. ''Chair'' has been used to refer to a seat or office of authority ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Initial Public Offering
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks, who also arrange for the shares to be listed on one or more stock exchanges. Through this process, colloquially known as ''floating'', or ''going public'', a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies, to monetize the investments of private shareholders such as company founders or private equity investors, and to enable easy trading of existing holdings or future capital raising by becoming publicly traded. After the IPO, shares are traded freely in the open market at what is known as the free float. Stock exchanges stipulate a minimum free float both in absolute terms (the total value as determined by the share price multiplied by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Week
Retail Week is a London-based news website, data service, events producer and magazine covering the retail industry, primarily in the United Kingdom. History and profile Founded in 1988 by financial journalist Patience Wheatcroft and her husband Tony Salter, Retail Week is now owned by the business information and events company Ascential."Emap Brands: Retail Week" ''Emap'', n.dat. Retrieved 10 April 2013. Subscribers are primarily retail company board directors and senior managers, as well as suppliers to retailers and investment analysts. Retail Week launched its website, Retail-week.com, in 2004. The site was redesigned and relaunched in 2007 and most recently in 2021. Retail-week.com has 192,000 monthly users. Luke Tugby has been editor of Retail Week since January 2020. The previous editors were Ti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Share
Market share is the percentage of the total revenue or sales in a market that a company's business makes up. For example, if there are 50,000 units sold per year in a given industry, a company whose sales were 5,000 of those units would have a 10percent share in that market. "Marketers need to be able to translate and incorporate sales targets into market share because this will demonstrate whether forecasts are to be attained by growing with the market or by capturing share from competitors. The latter will almost always be more difficult to achieve. Market share is closely monitored for signs of change in the competitive landscape, and it frequently drives strategic or tactical action."Farris, Paul W.; Neil T. Bendle; Phillip E. Pfeifer; David J. Reibstein (2010). ''Marketing Metrics: The Definitive Guide to Measuring Marketing Performance.'' Upper Saddle River, New Jersey: Pearson Education, Inc. . The Marketing Accountability Standards Board (MASB) endorses the definitions, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Late-2000s Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. Th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Daventry
Daventry ( , historically ) is a market town and civil parish in the West Northamptonshire unitary authority in Northamptonshire, England, close to the border with Warwickshire. At the 2021 Census Daventry had a population of 28,123, making it the sixth largest town in Northamptonshire. Geography The town is north-northwest of London via the M1 motorway, west of Northampton, southwest of Rugby. and north-northeast of Banbury. Other nearby places include: Southam, Coventry and the villages of Ashby St Ledgers, Badby, Barby, Braunston, Byfield, Charwelton, Dodford, Dunchurch, Everdon, Fawsley, Hellidon, Kilsby, Long Buckby, Newnham, Norton, Staverton, Welton, Weedon, and Woodford Halse. The town is twinned with Westerburg, Germany. The town sits at around above sea level. To the north and west the land is generally lower than the town. Daventry sits on the watershed of the River Leam which flows to Leamington Spa, Warwick and the west of England and the River Ne ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Convenience Store
A convenience store, convenience shop, corner store or corner shop is a small retail business that stocks a range of everyday items such as coffee, groceries, snack foods, confectionery, soft drinks, ice creams, tobacco products, lottery tickets, over-the-counter drugs, toiletries, newspapers and magazines. In some jurisdictions, convenience stores are licensed to sell alcoholic drinks, although many jurisdictions limit such beverages to those with relatively low alcohol content, like beer and wine. The stores may also offer money order and wire transfer services, along with the use of a fax, fax machine or photocopier for a small per-copy cost. Some also sell tickets or recharge smart cards, e.g. OPUS cards in Montreal. They differ from general stores and village shops in that they are not in a rural area, rural location and are used as a convenient supplement to larger stores. A convenience store may be part of a Filling station, gas/petrol station, so customers can purchase g ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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