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| Author: | Hamilton, S. |
| Title: | Cullens' debt provisions |
| Journal: | Business
1990 : FEB, p. 78-80 |
| Index terms: | FRANCHISING CONVENIENCE FOODS SHOPS |
| Language: | eng |
| Abstract: | Review of the UK Cullens convenience store group, its 3 rights issues and prospects of manager partnerships. Injections of cash after acquisition. Drop in annual results. Risks. Flaws in the formula. Remodelling of the Cullens concept. Partnership scheme in 30 stores. Predictions of analysts. Staffing and siting problems of Southland's 7-eleven convenience stores and no prospect of a take-over. |
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