SELFRIDGES (AUSTRALASIA.)
SIX MONTHS' LOSS. The directors of Selfridges (Ainstralaeia), Ltd., in a circular to shareholders, state that trading for the six months ended July 31 re*iulte,l in a loss of £18 908 In addition, the sum of £4956, being' the difference between the book values of the old caeh registers and the trade-in allowance received for them on the new cash registers, was written off but will not recur. At the extraordinary meeting held on July 11 a substantial loss for the halfyear was forecasted. The reconstituted board of directors, which took office on Auiruet Id. ha« acquired a property at Pyrmnnt "under very favourable conditions, in which the two bulk stores and the head office will b e housed with substantial economies. The directors anticipate an improvement in the company , * trading operation*.
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Auckland Star, Volume LXIX, Issue 282, 29 November 1938, Page 6
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134SELFRIDGES (AUSTRALASIA.) Auckland Star, Volume LXIX, Issue 282, 29 November 1938, Page 6
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