Sunday, February 24, 2019
Analysis of how both companies meet their financial objectives and aims Essay
In this enshroud I have decided to concentrate on two companies, Woolworths plc and WHSmith plc, I forget be analysing and comparing the two companies on their objectives (what they separate their objectives are, and how they meet those objectives set) and their public presentations (if they have made profit or loss). I will research tot eachy these from their annual report, which is provided on the Internet.An introduction of both companies Woolworths is cognize to be one of Britains leading general trade retailers, with great brands, strong market position and a powerful strawman in home entertainment. The company has one of the highest customer shoppers performances of all UK retailers and today known to be the largest non-food retail chains. WHSmith is also one of the UKs leading retail groups incorporating market-leading companies in retailing publishing and news distributing.WHSmith has 1,464 stores world-wide all these locate in place like the UK high street, airport, stations and countries immaterial of the United Kingdom such as North America and Asia The performance of the companies Last year was an eventful and challenging year for the Woolworth the first half(prenominal) of the year when they were still part of Kingfishers plc was a moment of misgiving as the future of the company was being decided.The company detached themselves from Kingfisher plc on 28 August 2001, leaving them with 200 zillion of debt, over ? carbon million of excess stock, loss marking new format and e- furrow. Woolworths formats are designed to appeal to the value-conscious consumer. Woolworths is a mass-market retailer with a leading brand and broad product offering at emulous prices.Their mission is to be at the heart of the community and the best love retailer for kids, home and family leisure. The companys brand is known to be one of the best-recognised retail brands in the UK and proving this is on average, 6. 5 million customer transactions are made on till s per week. Woolworths business operates in the UK general merchandising market, which is both large and highly fragmented, with participants of variable sizes and covering different category mixes.
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