Analysis of how both companies meet their financial objectives and aims Essay Example for Free

Analysis of how twain companies meet their financial objectives and aims EssayIn this report I puzzle decided to concentrate on two companies, Woolworths plc and WHSmith plc, I will be analysing and comparing the two companies on their objectives (what they say their objectives are, and how they meet those objectives set) and their performances (if they have made profit or loss). I will research exclusively these from their annual report, which is provided on the Internet.An mental home of both companies Woolworths is known to be one of Britains leading general merchandise retailers, with great brands, strong commercialize position and a powerful presence in home entertainment. The company has one of the highest customer shoppers performances of all UK retailers and today known to be the largest non-food retail chains. WHSmith is also one of the UKs leading retail groups incorporating market-leading companies in sell publishing and news distributing.WHSmith has 1,464 store s world-wide all these locate in place like the UK high street, airport, stations and countries out of doors of the United Kingdom such as North America and Asia The performance of the companies Last year was an consequential and challenging year for the Woolworth the first half of the year when they were still part of Kingfishers plc was a moment of disbelief as the future of the company was being decided.The company detached themselves from Kingfisher plc on 28 August 2001, leaving them with 200 million of debt, over ? 100 million of excess stock, loss marking new coiffure and e-business. Woolworths formats are designed to appeal to the value-conscious consumer. Woolworths is a mass-market retailer with a leading brand and broad point of intersection offering at competitive prices.Their mission is to be at the heart of the community and the best love retailer for kids, home and family leisure. The companys brand is known to be one of the best-recognised retail brands in the U K and proving this is on average, 6. 5 million customer transactions are made on tills per week. Woolworths business operates in the UK general marketing market, which is both large and highly fragmented, with participants of varying sizes and covering different category mixes.