GUS plc was a FTSE 100 retailing group based in the United Kingdom. GUS is an abbreviation of Great Universal Stores, the company's former name before 2001. On 10 October 2006, the company was split into two separate companies which continue to exist as Home Retail Group and Experian.
Universal Stores was founded in 1900 as a mail order business in Manchester, England by Abraham, George and Jack Rose. In 1930, the company changed its name to The ...
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GUS plc was a FTSE 100 retailing group based in the United Kingdom. GUS is an abbreviation of Great Universal Stores, the company's former name before 2001. On 10 October 2006, the company was split into two separate companies which continue to exist as Home Retail Group and Experian.
Universal Stores was founded in 1900 as a mail order business in Manchester, England by Abraham, George and Jack Rose. In 1930, the company changed its name to The Great Universal Stores Limited. The next year it was listed on the London Stock Exchange. At this stage, it was the leading mail order business in the UK.
In 1932, Isaac Wolfson joined the company as merchandise controller. He became joint managing director in the same year. He was Chairman from the late 1940s until his retirement in 1987. Through his wealth gained at Great Universal Stores, he established the Wolfson Foundation in 1955. His son, Leonard Wolfson, followed him as Chairman, to be succeeded by David Wolfson (1996–2000).
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