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Woolworth (Cyprus)
Woolworth (Cyprus) Properties PLC is a Cypriot real estate developer and property management company. The company was originally established as a retailer in 1974, which later became a subsidiary of the Shacolas Group in 1985, and divested of its retail assets in 2003. Since 2005, the company has been publicly listed on the Cyprus Stock Exchange. History Retailer (1974–2003) The company began in 1974 with the opening of its flagship Woolworth store in Nicosia as a division of F. W. Woolworth & Co. Ltd from the United Kingdom. In 1985, the Cyprus operations were sold by the UK parent company to local entrepreneur Nicolas Shacolas (later awarded an OBE). Under Shacolas’ leadership, the business expanded rapidly across Cyprus, opening additional Woolworth stores that catered to a more upscale market. These stores featured designer clothing, luxury goods, perfumes, and food supermarket concessions, differentiating them from the original British Woolworths concept of discou ...
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Cyprus
Cyprus (), officially the Republic of Cyprus, is an island country in the eastern Mediterranean Sea. Situated in West Asia, its cultural identity and geopolitical orientation are overwhelmingly Southeast European. Cyprus is the List of islands in the Mediterranean, third largest and third most populous island in the Mediterranean, after Sicily and Sardinia. It is located southeast of Greece, south of Turkey, west of Syria and Lebanon, northwest of Israel and Palestine, and north of Egypt. Its capital and largest city is Nicosia. Cyprus hosts the British Overseas Territories, British military bases Akrotiri and Dhekelia, whilst the northeast portion of the island is ''de facto'' governed by the self-declared Northern Cyprus, Turkish Republic of Northern Cyprus, which is separated from the Republic of Cyprus by the United Nations Buffer Zone in Cyprus, United Nations Buffer Zone. Cyprus was first settled by hunter-gatherers around 13,000 years ago, with farming communities em ...
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Real Estate Development
Real estate development, or property development, is a business process, encompassing activities that range from the renovation and re-lease of existing buildings to the purchase of raw Real Estate, land and the sale of developed land or parcels to others. Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property. Real estate development is different from construction or Home construction, housebuilding, although many developers also manage the construction process or engage in housebuilding. Developers buy land, finance real estate deals, build or have builders build projects, develop projects in joint ventures, and create, imagine, control, and orchestrate the process of development from beginning to end.New York Times, March 16, 1963, "Personality Boom is Loud for Louis Lesser" Developers usually take the greatest risk in the creation or renovation of real estate and receive the greatest rewards. ...
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Cyprus Stock Exchange
The Cyprus Stock Exchange or CSE (, is a stock exchange located in Cyprus. It is a public-sector entity under the direct control of the Cypriot government. History CSE was established under the Cyprus Securities and Stock Exchange Law which provides for the development of the securities market in Cyprus and for the establishment and operation of the Cyprus Stock Exchange. It was passed by the House of Representatives in April 1993. Operations began on March 29 1996. In 2006, it launched a common platform with the Athens Stock Exchange. The exchange is a member of the Federation of Euro-Asian Stock Exchanges. Operations The exchange allows private or public companies to list their bonds on the Emerging Companies Market (ECM) and for public companies to list their shares on the ECM. In both cases (listing of shares or bonds) the exchange will also provide the ISIN code and have the prices beamed through Bloomberg and Reuters terminals as both are official financial data vendors ...
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Nicosia
Nicosia, also known as Lefkosia and Lefkoşa, is the capital and largest city of Cyprus. It is the southeasternmost of all EU member states' capital cities. Nicosia has been continuously inhabited for over 5,500 years and has been the capital of Cyprus since the 10th century. It is the last divided capital in Europe; three years after Cyprus gained independence from British rule in 1960, the Bloody Christmas conflict between Greek Cypriots and Turkish Cypriots triggered intercommunal violence, and Nicosia's Greek Cypriot and Turkish Cypriot communities segregated into its south and north respectively in 1964. A decade later, Turkey invaded Cyprus following Greece's successful attempt to take over the island. The leaders of the takeover would later step down, but the dividing line running through Nicosia (and the rest of the island, interrupted only briefly by British military bases) became a demilitarised zone that remains under the control of Cyprus while heavil ...
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Woolworths (United Kingdom)
Woolworths was a British High Street, high-street Variety store, variety retail chain and conglomerate. At its height, it operated as Woolworths Group PLC, which included other companies such as the entertainment distributor Entertainment UK, and book and resource distributor Bertram Books. In 2009, all UK stores shut down, and in 2015, so did the website, rendering it fully defunct. The Woolworths chain was originally a division of the American F. W. Woolworth Company until its sale in 1982. It had more than 800 shops in the UK prior to closure. Woolworths sold many goods and had its own Ladybird (clothing), Ladybird children's clothing range, WorthIt! value range and Chad Valley (toy brand), Chad Valley toys. They were also well known for selling pick 'n' mix sweets. It was sometimes referred to as ''Woolies'' by the UK media, the general public, and occasionally in its own television adverts. The British company also owned and operated divisions in the F. W. Woolworth Irelan ...
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Cyprus Weekly
The ''Cyprus Weekly'' was the top-selling English-language newspaper in Cyprus, with a circulation exceeding 14,000 copies. It was published every Friday. The Editor in Chief was Lefteris Adilinis. The Managing Editor was Charlie Charalambous while the sports editor was John Leonidou. The photographer was Stefanos Kouratzis. The paper printed its last paper in September 2017. It is an online news only company now. The last news story to be added to its online site was on 25 September 2017. Foundation and political allegiance ''The Cyprus Weekly'' stated itself to be without any political affiliations. It was founded in 1979 by former '' Times of Cyprus'' journalist Georges der Parthogh (1920-2008) as an independent publication although it later became part of the Phileleftheros news group, which also publishes the politically liberal Greek language Cypriot daily newspaper, ''Phileleftheros.'' The Editor in Chief is Lefteris Adilinis. The Managing Editor is Charlie Charalambous ...
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Debenhams
Debenhams plc was a British department store chain that operated in the United Kingdom, Ireland and Denmark, as well as franchised locations across Europe and the Asia Pacific. The company was founded in 1778 as a single store in London and grew to 178 locations across those countries, also owning the Danish department store chain Magasin du Nord. In its final years, its headquarters were within the premises of its flagship store in Oxford Street, London. The range of goods sold included middle-to-high-end clothing, beauty, household items, and furniture. The company suffered financial difficulties in the 21st century and entered administration twice, in April 2019 and April 2020. In November 2020, Debenhams' main concession operator Arcadia also entered administration, leading to the collapse of potential rescue talks with JD Sports and Frasers Group. As a result, Debenhams announced it would be liquidated. The Debenhams brand and website were purchased by the online retai ...
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Woolworth (European Retailer)
Woolworth GmbH is a German Discount store, discount retailer. It was founded in 1927 as the German division of the American F. W. Woolworth Company. In 1998, a management buyout separated it to become its own company. It is currently headquartered in Unna. It also trades in Austria and Poland, and is scheduled to open in the Czech Republic by the end of 2025. The retailer owns the rights to the 'Woolworth' and 'Woolworths' names throughout Europe (including the United Kingdom), and has stated it is seeking pan-European expansion. History In 1927, F. W. Woolworth Co. GmbH was founded with its first store in Bremen. It was a subsidiary of the F. W. Woolworth Company, based in the United States. When it was still part of the original parent company, corporate documents referred to the division as Retail Company of Germany, Inc. In 1968, the company opened German headquarters in Frankfurt. The German subsidiary separated from its Foot Locker, American parent company in 1998, thro ...
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European Union
The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The union has a total area of and an estimated population of over 449million as of 2024. The EU is often described as a ''sui generis'' political entity combining characteristics of both a federation and a confederation. Containing 5.5% of the world population in 2023, EU member states generated a nominal gross domestic product (GDP) of around €17.935 trillion in 2024, accounting for approximately one sixth of global economic output. Its cornerstone, the European Union Customs Union, Customs Union, paved the way to establishing European Single Market, an internal single market based on standardised European Union law, legal framework and legislation that applies in all member states in those matters, and only those matters, where the states ...
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Retail Companies Of Cyprus
Retail is the sale of goods and Service (economics), services to consumers, in contrast to wholesaling, which is the sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturing, manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a Profit (accounting), profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a long history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar store, bricks and mortar and Online shopping, online retailing. Digital technologies are also affecting the way that co ...
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