Heavyweight Mr Fizzy
Article Abstract:
Majestic Wine is a UK wine retailer which has carried out a share isue raising 4.4 million pounds sterling. The company sells wine by the case with customers spending an average of 84 pounds sterling. The sales staff are well-trained and encouraged to study for qualifications. The sites are located by busy roads and have parking space. The directors hold a stake of nearly 70% in the company. Christmas trading has a major impact on Majestic's sales so it is not easy to make profit forecasts.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
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Colorvision: back from the brink?
Article Abstract:
Colorvision has restructured its board and has been permitted to retain its license for consumer credit by the Office of Fair Trading, but still faces uncertainty. The company is likely to report a loss of 4 million pounds sterling for the 12 months to Mar 31 1996, and saw a drop in sales from Jan 1996. The company's assets include its stores, of which there are over 80, but they would have to be sold at a loss if disposals were carried out.
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1996
User Contributions:
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