AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
Kingfisher Urged to Spin Off Electrical Retail Arm.
Byline: Joanne HART
Nov. 14--Shareholders are calling on Kingfisher to demerge its electrical retail arm, which includes the Comet chain.
Institutions hope the radical measure will be undertaken by incoming chairman Francis Mackay.
He is also expected to assess whether long-serving chief executive Sir Geoff Mulcahy, 59, should stay until the end of his three-year contract, awarded earlier this year.
"The strategy needs to change," said one big institution. "It is hard to know if Mulcahy should stay and oversee it or go. Mackay will have to make that judgment."
Another large shareholder said: "It is absolutely clear that this company cannot stay as it is and we are looking to Mackay to initiate change."
Kingfisher has had a tumultuous year, during which it demerged Woolworths, sold Superdrug and saw its shares underperform the retail sector by more than 20 percent.
- Kingfisher Urged to Spin Off Electrical Retail Arm.
- Newspaper article from: Knight Ridder/Tribune Business News November 14, 2001 700+ words
By Joanne HART, Evening Standard, London Knight Ridder/Tribune...calling on Kingfisher to demerge its electrical retail arm, which includes the Comet...infighting. To see more of the Evening Standard, or to subscribe to the newspaper...
- Mobile-Phone Turnoff Knocks Back British Electrical-Retail Giant.
- Newspaper article from: Knight Ridder/Tribune Business News January 9, 2002 700+ words
By Fiona Walsh, Evening Standard, London Knight Ridder/Tribune...said Clare. To see more of the Evening Standard, or to subscribe to the newspaper...pound sterling. (c) 2002, Evening Standard, London. Distributed by Knight...
- Visma AS signs major store data solutions contract with electrical retail chain...
- Newspaper article from: Nordic Business Report May 5, 2008 700+ words
...Visma AS signs major store data solutions contract with electrical retail chain Expert(C)1994-2008 M2 COMMUNICATIONS LTD http...scale contract for a complete store data solution from the electrical retail chain Expert. The contract, described by Visma as its...
- Consumer Satisfaction Index 2008 Identiies the Preferences of your Shoppers and...
- Press release article from: M2 Presswire February 21, 2008 700+ words
...Index 2008 Identiies the Preferences of your Shoppers and how Successful you are in Retaining your Customers in the UK Electrical Retail Sector(C)1994-2008 M2 COMMUNICATIONS LTD RDATE:21022008 Dublin - Research and Markets (http://www.researchandmarkets...
- Info-Link Magazine: Homemaker centre start for electrical retail chain.
- News wire article from: Asia Africa Intelligence Wire September 9, 2002 700+ words
(From ABIX - Australasian Business Intelligence: Info-Link Magazine) A Queensland-based electrical goods retailer is planning a major expansion. The chain has opened its second outlet in the state, at the new Carseldine centre in Brisbane. According to Bruce Coulson, a partner at Clive Anthony
- OFT DECIDES TO REFUSE & REVOKE NORWICH ELECTRICAL RETAIL.
- News wire article from: Europe Intelligence Wire September 26, 2005 700+ words
(From Government News Network (Was Hermes-Government Press Releases)) ] OFFICE OF FAIR TRADING 177/05 26 September 2005 OFT DECIDES TO REFUSE AND REVOKE NORWICH ELECTRICAL RETAILERS' CREDIT LICENCES The OFT has decided to revoke the consumer credit licence of a Norwich electrical retailer and
- THIS WEEK: Personal Finance: Shocking the business of electrical retail.
- Magazine article from: BusinessWorld (Philippines) Basilio, Robert J.A. November 22, 1999 700+ words
In December 1992, when the first two stores of Kuryente: Ang Electrical Shop ng Bayan were opened in Robinson's Galleria and Shangri-La Plaza respectively, it immediately gave a jolt to the electrical hardware business. The store, suited to every lifestyle with its clean and climate-controlled
- Consumer Satisfaction Index 2008 Identifies the Preferences of Your Shoppers...
- Press release article from: Business Wire February 22, 2008 700+ words
DUBLIN, Ireland -- Research and Markets (httpwww.researchandmarkets.com/reports/c83540) has announced the addition of "Consumer Satisfaction Index 2008: UK Electricals" to their offering. Introduction In an intensely competitive retail market, keeping customers satisfied has never been more
- The London Evening Standard: complete PostScript newspaper.
- Newspaper article from: The Seybold Report on Publishing Systems Tribute, Andrew September 23, 1991 700+ words
...technological innovation than the Evening Standard in London. The only London daily...newspapers on somewhat similar paths, the Evening Standard is a large newspaper, publishing...Presentations about developments at the Evening Standard have been made at various Seybold...
- London Evening Standard to drop edition from Monday.
- News wire article from: Europe Intelligence Wire December 4, 2008 700+ words
...From Guardian Unlimited) The London Evening Standard will implement distribution changes...sell the paper. Doug Wills, the Evening Standard managing editor, said today that...was not possible to say where the Evening Standard would no longer be available in newsagents...