LATEST UPDATES

Published at 25th of December 2023 05:18:06 AM


Chapter 283: [Shopping law: contain and suppress opponents! 】

If audio player doesn't work, press Stop then Play button again








Chapter 283 [Law of the mall: contain and suppress the opponent! 】

Metro Group is an important part of Wu Guangyao’s family;

Although this link is in the hands of the second room of the Wu family, it is undoubtedly the top priority of the Wu family.

In terms of future development prospects, Metro Group can even rank second, second only to Lenovo, a high-tech company.

Looking at the history of later generations, a retail giant company can provide jobs for hundreds of thousands or even millions of people;

Such an important industry makes those politicians not dare to take a glimpse of it.

Walton (Wal-Mart) family, everyone has a net worth of tens of billions of dollars, and they are so arrogant that they have no friends.

Therefore, Metro Group is mainly engaged in the retail industry and chain stores; in the Internet age, it was the first to enter the online sales field.

In the future, Metro Group may be a major shareholder of Amazon and Taobao;

In terms of physical store sales, it may not be impossible to compete with Wal-Mart!

Hugging Kayla, came to the window, through the glass, the whole view of London was unobstructed, Buckingham Palace, Thames River.

"The retail market is very big, very big! It depends on Metro, whether we can reach the highest position!"

Wu Guangyao’s bold words and lofty ambitions were quickly brought back to reality by Kayla.

"Then let's have a few more children, so that it looks like a top European family!"

The next day, Wu Guangyao came to Metro Group with Kayla again.

First, ask the little secretary to contact the three vice presidents, come to the office, and then hold a small high-level meeting.

"Huh, is my secretary good-looking?" Kayla was dissatisfied with Wu Guangyao staring at his secretary's buttocks without turning his eyes.

"Then you look good, I'm helping you to look at the people around you, I'm afraid you are not using people properly!" Wu Guangyao said without changing his face.

Wu Guangyao understood at this time, if he had such a secretary, he would definitely be unable to stand it;

Defiance is a trivial matter, but loss is a major matter!

Kayla gave Wu Guangyao a white look, but she thought in her heart, this man is really energetic!

Last night, the two of them were crazy about creating people at home, and they were a little bit overwhelmed by themselves;

And this one, he has been eyeing his secretary early in the morning!

However, this secretary really can't let his lover get it, otherwise his status may be threatened!

Yes, Mrs. Sutton is also good, noble and seductive; the important thing is that there is no threat to her status, because Mrs. Sutton has her own children; with the character of this man, she will never really be included. Own family system.

Kayla was thinking about these trivial matters, and Wu Guangyao thought she was angry!

"Kayla, don't worry! Although your husband is lustful, but he knows how to constrain and restrain, and he is not the kind of lustful person." Wu Guangyao said righteously.

Looking at what Wu Guangyao said sincerely, Kayla smiled and said: "Well, I believe you!"

After a while, the three vice presidents filed in; because Wu Guangyao specifically explained that he would stay in the company for a few days, the three had to wait in London.

Wu Guangyao said: "I thought about it yesterday. Metro has been laying a firm foundation and stabilizing its rear, so that in the future, it can enter countries other than England without any worries. In fact, there is one step wrong here, that is, as long as there are special features. Tesco is here, so Metro’s rear will definitely not be stable."

The three of them immediately became more energetic. The boss wants Tesco to go to war!

“Because the market is not particularly mature in large supermarkets, the competition is not very fierce; then only chain stores (Tesco is called chain stores, Metro is called chain convenience stores) are everyone’s real battlefield. What do you think?"

"I agree with Mr. Wu’s view that under the same investment situation, a certain number of convenience stores far surpass large supermarkets in terms of customer source and profit. Perhaps the popularity of vehicles is not high, or the large supermarkets have not yet reached the maturity stage. Therefore, Metro has always focused on the development of convenience stores.” Donald said, Donald is the real high-level control of the overall situation, large supermarkets, convenience stores, chain stores (acquired), McDonald's are his main battlefield.

The other two also agreed. After all, this is a very obvious thing.

Wu Guangyao knew that large supermarkets would not really develop until the late 1960s.

"If we want to start with Tesco and form an attack on the number of convenience stores, how much money is needed?" Wu Guangyao asked.

"Tesco has 236 chain stores in the UK, and 99 chain bakeries. If we want to start with Tesco, the main target is 236 chain stores. At present, our Metro Group has 198 chain convenience stores. If To pose a real threat to Tesco, I think that within one year, we will expand to 300 convenience stores in the UK. Based on the scale of 15,000 to 20,000 pounds, we need to close to 2 million pounds ($560, 1 : 2.8 exchange rate)” Donald quickly calculated a rough figure.

Metro retail’s financial status is good, with no debt, and there are more than 700,000 pounds (more than 2 million US dollars) in the account. This is still the financial status of excessive dividends after the listing.

Metro has a retail market value of 13 million pounds and a total share capital of 80 million shares (70% of the shares are in the hands of Wu Guangyao and Kayla.). Because of the small number of shares outside, it has been highly speculated in recent years. The current share price is 0.1625 pounds. Per share.

The business of   Metro stores is generally better than that of Tesco, so there are also advantages in operation.

"Can the company issue new shares?" Wu Guangyao asked.

Since it is already listed, it is easy to raise funds by choosing to issue new shares, plus Metro Retail’s stock is just as popular.

As for the dilution of shares, Wu Guangyao is not worried at all.

Since they have chosen to be listed, the Wu Guangyao family does not have to hold more than 50% of the shares;

And because Kayla is an attorney, he has already prepared the terms of the American AB stock control company.

"There is no problem at all. We can issue 10 million additional shares and raise 1.625 million pounds."

Two days later, Metro applied to the London Stock Exchange for additional issuance of new shares and announced the suspension of stock trading.

Metro gave the reasons: to raise funds, expand the number of convenience stores, and actively develop the retail industry abroad.

Metro’s move has received strong support from investors!

"It's good news, Metro stock must rise!" A senior investor confidently said, mainly because he holds thousands of Metro shares.

"Why is this good news? With the increase in equity, everyone's stocks should go down!" One of the people retorted.

"What do you know? Others are using money to invest, increasing the company's main business, which is to make the company stronger; just ask, will this make investors more confident?"

"What you said seems to make sense!"

The stock market is optimistic about Metro. It is conceivable that once Metro is released, it will surely skyrocket again.

Tesco, on the other hand, is sad.

In the UK, after decades of development, Tesco finally developed into the UK’s No. 1 retail giant after listing;

Unexpectedly, Metro has sprung up before the **** has been hot for a few months.

The reason for Metro’s success is simple, that is, the boss is rich, has bank support, and has a good business philosophy. Therefore, in just over six years, there has been a trend to surpass Tesco.

In the past few years, the two companies have made great efforts to expand their own chain stores while acquiring other chain stores.

Because everyone knows that one of the two families will surrender their heads someday.

Tesco’s President Wesley first said: “Metro’s purpose of issuing new shares is not in overseas development, but in the UK. They want to overwhelm us in the number of chain stores. Everyone thinks we should Shouldn't, increase the number of chain stores vigorously?"

"Over the years, Tesco has continued to acquire and expand our scale, and the financial pressure is very high. President, we may not be able to draw too much capital. If we want to increase the number of chain stores, I suggest that we should be steady and not follow suit. "A high-level executive gave a pertinent opinion.

The opinion of this high-level executive has won the support of many people.

However, everyone is more uncomfortable. A retailer that has been established for more than six years can actually compete with a retailer that has been established for 30 years.

This has to be sad!

(End of this chapter)




Please report us if you find any errors so we can fix it asap!


COMMENTS