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The Original Factory Shop
The Original Factory Shop is a discount department store chain that was established in 1969. It currently operates over two hundred stores across the United Kingdom. History The Original Factory Shop was established in 1969 as part of Peter Black's retail network. Initially it sold soap manufactured by one of Black's factories. The chain now has 215 outlets and has plans to have 500 stores by 2020. During 2010 to 2011, the chain expanded its warehouse and offices in Burnley by to provide for the future needs of the business. In August 2011, the chain did not perform as well with profits reduced, due to economic conditions and massive investment in the chain, including many store openings, expansion of headquarters and warehouse and upgrading store equipment. The chief executive of The Original Factory Shop is former Lloyds Pharmacy boss Tony Page, who replaced Angela Spindler in June 2013. In May 2010, rumours surfaced that the parent company Duke Street Capital put the chain ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Garforth
Garforth () is a town in the metropolitan borough of the City of Leeds, West Yorkshire, England. It sits in the Garforth and Swillington ward of Leeds City Council and the Elmet and Rothwell parliamentary constituency. As of 2011, the population of Garforth was 14,957, having decreased since the last census. It is east of Central Leeds, south-west of York and north of Wakefield. Etymology The place-name ''Garforth'' appears first in the Domesday Book of 1086 as ''Gereford'' and ''Gereforde'', with ''gar-'' spellings first appearing in 1336 in the form ''Garford''. The name seems to derive from the Old English words ''gāra'' ('triangular plot of land', derived from the word ''gār'', 'spear') and ''ford'' ('ford)', and thus meant 'ford at a triangular plot of land'. The plot is thought to have lain at a sharp turn in the road now called The Beck. Spellings beginning with ''ger-'' reflect the Old Norse counterpart of Old English ''gāra'', ''geiri'', and therefore the exist ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Store
A department store is a retail establishment offering a wide range of consumer goods in different areas of the store, each area ("department") specializing in a product category. In modern major cities, the department store made a dramatic appearance in the middle of the 19th century, and permanently reshaped shopping habits, and the definition of service and luxury. Similar developments were under way in London (with Whiteleys), in Paris (Le Bon Marché) and in New York ( Stewart's). Today, departments often include the following: clothing, cosmetics, do it yourself, furniture, gardening, hardware, home appliances, houseware, paint, sporting goods, toiletries, and toys. Additionally, other lines of products such as food, books, jewellery, electronics, stationery, photographic equipment, baby products, and products for pets are sometimes included. Customers generally check out near the front of the store in discount department stores, while high-end traditional department sto ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Li & Fung
Li & Fung Limited is a Bermuda-incorporated, Hong Kong-based supply chain manager. In 2020, it was reportedly struggling to turn its century-old business around for years. On 13 February 2017, it was removed from the blue chip index: Hang Seng Index and replaced by Geely Auto. Between 2011 and 2020, it lost 95% of its market value with its turnover almost halving. The company was privatized in 2020. In 2020 the Fung family privatized the company with a 94 percent stock price loss (HKD 1.25) from its best performance back in 2011 (HKD 21.319). A massive restructuring took place after the privatization that reportedly reduced 70% of staff globally leading to employee protests at the entrance of the Hong Kong office and claims of unlawful dismissals in the Bangladesh office. The company has also been accused of not paying suppliers together with a long list of retailers. A few days prior to Li & Fung's use of a coupon step-up that was announced on August 12, 2020, Li & Fung ann ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Burnley
Burnley () is a town and the administrative centre of the wider Borough of Burnley in Lancashire, England, with a 2001 population of 73,021. It is north of Manchester and east of Preston, at the confluence of the River Calder and River Brun. The town is located near the countryside to the south and east, with the towns of Padiham and Brierfield to the west and north respectively. It has a reputation as a regional centre of excellence for the manufacturing and aerospace industries. The town began to develop in the early medieval period as a number of farming hamlets surrounded by manor houses and royal forests, and has held a market for more than 700 years. During the Industrial Revolution it became one of Lancashire's most prominent mill towns; at its peak, it was one of the world's largest producers of cotton cloth and a major centre of engineering. Burnley has retained a strong manufacturing sector, and has strong economic links with the cities of Manchester and Leed ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Duke Street Capital
Duke Street is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies in Western Europe, particularly the UK and France. The firm which is based in London was founded in 1988 as Hambro European Ventures, the private equity investment arm of Hambros Bank. The principals of the firm completed a spinout from Hambros in 1998, following the bank's sale to Société Générale, and changed name of the firm to Duke Street Capital and later Duke Street. The firm has raised approximately £2.6 billion since inception across six private equity investment funds. Among the firm's most notable investments are Wagamama, Gala Bingo, Equity Insurance Group, Burton's Foods, Esporta Health Clubs, Getty Images, The Original Factory Shop, LM Funerals, Marie Brizard, Megabowl Oasis, Great Mills and Payzone. In August 2015, Duke Street, with Searchlight Capital Partners Searchlight Capital Partners is a private equity firm. Searchlight Capi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discount Department Store
A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient Logistics, distribution to keep down costs. Types (United States) Discount stores in the United States may be classified into different types: Hypermarkets (superstores) Discount superstores such as Walmart or Target Corporation, Target sell general merchandise in a big-box store; many have a full grocery selection and are thus hypermarkets, though that term is not generally used in North America. In the 1960s and 1970s the term "discount department store" was used, and chains such as Kmart (United States), Kmart, Zodys and TG&Y billed themselves as such. The term "discount department store" or "off-price department store" is sometimes applied to big-box discount retailers of apparel and home goods, such as Ross Dress For Less, Marshalls, TJ Maxx, and Kohls. Categor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lloyds Pharmacy
LloydsPharmacy is a British pharmacy company. It has around 17,000 staff and dispenses over 150 million prescription items annually. It is owned by the Aurelius Group. It was formerly owned by the American McKesson Corporation. Overview The company is headquartered at Sapphire Court in the Walsgrave Triangle Business Park in Coventry, England. It was purchased by Celesio AG in 1997, and was merged with Celesio's existing UK subsidiary AAH Pharmaceuticals' Hills Pharmacy network to form a network of 1300 pharmacies. In 2022 it was purchased by the Aurelius Group. McKesson has since begun to roll out the LloydsPharmacy brand across its 2,200 European pharmacies. These pharmacies include a "Health Bar", with interactive touch screens, consulting rooms and additional health advice. A close association with Diabetes UK has developed due to LloydsPharmacy completing more than 2 million ree in-pharmacydiabetes tests so far in the UK. LloydsPharmacy used to broadcast a live radio sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Angela Spindler
Angela Spindler is a British businesswoman and the former CEO of N Brown Group Plc; she assumed the role in July 2013. She is also the chair of Remco, based in Manchester. Career Early years Spindler attended the Victoria University of Manchester and Harvard Business School. Spindler started her career in 1983 as a graduate trainee at Cadbury Schweppes. She then moved to Pedigree Petfoods, gathering experience in sales, marketing and human resources. In 1997, she joined Asda as a Unit Director and climbed her way through the ranks until November 2005, when she became Managing Director of George Clothing, Asda's clothing department that is stocked in Asda's and Walmart's in several countries worldwide. Debenhams Spindler left her role at George Clothing in August 2007, to become Managing Director of Debenhams, a high street clothing retailer in the UK, with franchises around the world. She left this role in January 2009, to take an opportunity that she described as “simpl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Company Voluntary Arrangement
Under UK insolvency law an insolvent company can enter into a company voluntary arrangement (CVA). The CVA is a form of composition, similar to the personal IVA ( individual voluntary arrangement), where an insolvency procedure allows a company with debt problems or that is insolvent to reach a voluntary agreement with its business creditors regarding repayment of all, or part of its corporate debts over an agreed period of time. The application for a CVA can be made by the agreement of all directors of the company, the legal administrators of the company, or the appointed company liquidator. Implementation A company voluntary arrangement can only be implemented by an insolvency practitioner who will draft a proposal for the creditors. A meeting of creditors is held to see if the CVA is accepted. As long as 75% (by debt value) of the creditors who vote agree then the CVA is accepted. All the company creditors are then bound to the terms of the proposal whether or not they vot ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
COVID-19 Pandemic
The COVID-19 pandemic, also known as the coronavirus pandemic, is an ongoing global pandemic of coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2). The novel virus was first identified in an outbreak in the Chinese city of Wuhan in December 2019. Attempts to contain it there failed, allowing the virus to spread to other areas of Asia and later worldwide. The World Health Organization (WHO) declared the outbreak a public health emergency of international concern on 30 January 2020, and a pandemic on 11 March 2020. As of , the pandemic had caused more than cases and confirmed deaths, making it one of the deadliest in history. COVID-19 symptoms range from undetectable to deadly, but most commonly include fever, dry cough, and fatigue. Severe illness is more likely in elderly patients and those with certain underlying medical conditions. COVID-19 transmits when people breathe in air contaminated by droplets and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail Companies Of The United Kingdom
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the provision ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Discount Shops Of The United Kingdom
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Discount may refer to: Arts and entertainment *Discount (band), punk rock band that formed in Vero Beach, Florida in 1995 and disbanded in 2000 * ''Discount'' (film), French comedy-drama film * "Discounts" (song), 2020 single by American rapper Cupcakke Economics and business *Discounts and allowances, reductions in the basic prices of goods or services *Discounting, a financial mechanism in which a debtor obtains the right to delay payments to a creditor * Delay discounting, the decrease in perceived value of receiving a good at a later date compared with receiving it at an earlier date *Discount store A discount store or discounter offers a retail format in which products are sold at prices that are in principle lower than an actual or supposed "full retail price". Discounters rely on bulk purchasing and efficient distribution to keep down cost ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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