Abstract
Cash flow, management's current pressing problem, affects the cash and carry business rather less than most—for obvious reasons. The Stern Osmat group is the largest wholesale distributor in the hardware trade in the UK, operating not only 16 CandC centres in the south of England but also a developing Symbol group of some 3,000 retailers. John Fox gave this paper at a recent seminar held by the RORU at the Manchester Business School; it is one of a number of papers now published by the RORU under the title “Cash and Carry Wholesaling and Town Planning”.
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