previous year’s performance. The Year’s results were most commendable if we take into consideration that the results for the preceding year had included both the RM12.7 million gain on disposal of its amusement business and the RM11.3 million net proceeds from insurance claim though they were offset by an impairment loss of RM14.1 million in one of the Company’s store and shopping center’s property, plant and equipment. In addition, growth of retail business is driven by two new stores Aeon Ipoh Station
Words: 993 - Pages: 4
previous year’s performance. The Year’s results were most commendable if we take into consideration that the results for the preceding year had included both the RM12.7 million gain on disposal of its amusement business and the RM11.3 million net proceeds from insurance claim though they were offset by an impairment loss of RM14.1 million in one of the Company’s store and shopping center’s property, plant and equipment. In addition, growth of retail business is driven by two new stores Aeon Ipoh Station
Words: 993 - Pages: 4
David Hoare from 1997 to 1998, while Cheong’s immediate predecessor, Victoria Egan, had held the job a mere 5 months. Top management turmoil coincided with a downward spiral for the company. In the financial year ended January 31, 1999, sales were down 17% on the previous year, and the bottom line showed a net loss of £33 million. Ng Kwan Cheong was one of the senior management team of MUI Asia Group – a diversified Malaysian corporation that acquired 40% of Laura Ashley’s equity in May 1998. He
Words: 7360 - Pages: 30
THE INDIAN RETAIL SCENE India is the country having the most unorganized retail market. Traditionally it is a family’s livelihood, with their shop in the front and house at the back, while they run the retail business. More than 99% retailer’s function in less than 500 square feet of shopping space.Global retail consultants KSA Technopak have estimated that organized retailing in India is expected to touch Rs.35,000 crore in the year 2005-06. The Indian retail sector is estimated at
Words: 7428 - Pages: 30
Short Labor Supply Influences Retail Sector This essay identifies and explores the impact of one external factor that has influenced my organization and job within the last twelve month. The factor I have chosen sits in the task environment is labor supply. Task environment is the external segment comprising the specific external elements that an organization faces (Bartol, Tein, Matthews, Sharma, Scott-Ladd 2011, p. 76). While Bartol et al (2011, p. 77) defines that an organization’s labor supply
Words: 1604 - Pages: 7
What’s in store for Senheng & Conclusion 10 References 11 Chapter 1 – Introduction Senheng® Electric (KL) Sdn. Bhd. is one of the leading consumer electronics chain stores in the country. They have operated 100 over stores to consumers in all of Malaysia including 4 stores in Vietnam. Senheng Electric (KL) Sdn. Bhd are committed in providing you with convenient and unique shopping experience, as well as, better value each and every time you shop at Senheng stores. Senheng
Words: 1968 - Pages: 8
Retail Enterprise Resource Planning Enterprise Resource Planning systems or the ERP systems refer to the software packages that integrate all the data and the related processes of an organization into a unified Information System (IS). An ERP system uses a central database that holds all the data relating to the various system modules. In order to achieve a seamless integration, an ERP system uses multiple hardware and software components. ERP packages are heavily used by larger retail chains. Designed
Words: 2837 - Pages: 12
COMPETITIVE ANALYSIS OF THE RETAIL SECTOR IN THE UK DEPARTMENT OF TRADE AND INDUSTRY: COMPETITIVE ANALYSIS OF THE RETAIL SECTOR IN THE UK Report submitted to The Department of Trade and Industry (Tender CGS/1239) Professors Steve Burt and Leigh Sparks Institute for Retail Studies University of Stirling Stirling FK9 4LA Scotland, UK Phone: 44 (0)1786 467386 Fax: 44 (0)1786 465290 E-Mail: s.l.burt@stir.ac.uk ; Leigh.Sparks@stir.ac.uk Revised for Seminar - January 2003 DEPARTMENT OF
Words: 30153 - Pages: 121
| |EDEXCEL LEVEL 5 |[pic] | | |BTEC HIGHER NATIONAL DIPLOMA IN BUSINESS | | | |
Words: 3960 - Pages: 16
scenes at every Marks & Spencer store. In doing so, it highlights many of the qualities, such as leadership, adaptability and analytical consideration, required by Financial Managers every day in a busy retail environment. Working for a retailer Retailing is ‘the practice of selling goods in small quantities to the general public.’ It is a business where employees come face-to-face with customers every day. Customers can be very demanding - they enter a store and expect their needs to be met immediately
Words: 2287 - Pages: 10