PROFILE |
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Is a lack of cash the thorn in your side? Mainly serving customers with little cash and poor credit, Granada Box Clever (formerly Thorn) runs about 500 rent-to-own outlets in the UK (under the Radio Rentals and Box Clever names) that offer appliances and electronics. Nomura International, the UK subsidiary of Japan's Nomura Securities, purchased Thorn after it sold 1,400 Rent-A-Center, Remco America, and U-Can-Rent stores to rival Renters Choice (now Rent-A-Center). Nomura merged Thorn with Granada Media's (now Granada plc) UK Rental & Retail; the new firm, named Box Clever Technology, is jointly owned by Nomura and Granada plc.
COMPETITION |
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ASDA Group Limited (dossier)
Dixons Group plc (DXNS)
Kingfisher plc (KNGFY)
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FINANCIAL OVERVIEW |
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Fiscal Year-End: March
1998 Sales (mil.): 2,159.50
1-Yr. Sales Growth: (15.5)%
Employees: 17,930
Revenue per employee: $120,440.60
KEY PEOPLE |
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Roger Mavity
CEO
Michael Neal
CFO
CONTACT INFO |
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Technology House, Ampthill Rd.
Bedford MK429QQ, United Kingdom
Phone: 44-1234-355-233
Fax: 44-1234-266-090
Online: Web Site
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