All this to get around the government regulation that allows foreign retailers only in cash-and-carry retail.
The store is a cash-and-carry operation that sells to hotels, restaurants, small stores and other institutions.
That said, the two companies operate in very different formats, one in convenience, the other in cash-and-carry.
The circular also says that cash-and-carry wholesalers need to maintain records indicating that they only sell to institutional buyers and not consumers.
Stelios put in 100-hour weeks doing everything from greeting customers to dashing out to buy garbage cans at the local cash-and-carry.
Lindner Sr. drastically cut prices by eliminating delivery costs and offering his goods through a cash-and-carry storefront, a model that proved popular with his depression-era customer base.
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But there are now more than 30 supermarkets and cash-and-carry stores in Calais specifically catering for the cross-Channel booze trade, including outlets of Britain's biggest supermarkets, Tesco and Sainsbury.
Its bigger rival, Metro, where Mr Urban worked for 25 years, also has a troubled German department-store chain, Kaufhof, but it has been partly redeemed by its substantial cash-and-carry business, which operates in 23 countries.
Metro, Europe's largest retailer, said earlier this month that it wants to shed as many as six subsidiaries within three years to concentrate on international expansion and its established retailing operations, such as cash-and-carry and hypermarkets.
Wal-Mart ( WMT - news - people ) dare not use its name in India: Its two cash-and-carry stores in the northern state of Punjab, which it runs in a joint venture with the Bharti Group, are called Best Price Modern Wholesale.
Yet despite the true-crime gossip and influx of cash-and-flash, names like Phipps, Boardman, Fanjul and Hanley still carry substantial weight.
Eighteen days later Mr Flowers had acquired a controlling interest in Enstar, a small firm in Alabama that had two big attractions: a stockmarket value beneath its cash holdings, and a tax-loss to carry forward.
The bulk of his current fortune comes from Jetro Holdings, which operates Jetro Cash and Carry stores and Restaurant Depots in the New York City area -- supplying wholesale goods to bodegas, small stores and restaurants.
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