" GUSSIES " GOOD PROSPECTS
Neither the chairman of Great Universal Stores, Sir Archibald Mitchelson, nor the managing director, Mr. Isaac Wolfson, left the shareholders in any doubt that they expect the company's progress to continue, provided only that inter- national crises can be avoided. This big mail order and retail trading group has just achieved record results in a year which, by no stretch of the imagination, can be regarded as favourable, and at the meeting last Friday Sir Archibald disclosed that the sales for the first two months of the new financial year show a substantial increase. Mr. Wolfson underlined his own fore- cast with a statement of his confidence that they will continue to show satisfactory and increasing trading results provided international complications do not recur. He bases this con- clusion partly upon the benefits which the company expects to receive from the expansion programme which has been pur- sued, and is to be pursued still further.
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