Eley Griffiths Group Returns to The Reject Shop (TRS) Register

After a lengthy spell, we returned to The Reject Shop (TRS) register. An executive overhaul, equity raising and plan to rework the business model attracted us to this one-time retail darling. Key areas of focus in this redux involve a) striking the appropriate rent and wages per sales ratio’s, b) SKU rationalization and supply chain review, c) renegotiation of store leases (average 2-year tenor), d) IT investment and e) where practicable, ‘borrowing’ from the highly successful US-based Dollar General Corp model. A thoughtful store rollout should logically follow.

https://www.livewiremarkets.com/wires/4-new-additions-to-our-portfolio