Delisting can be a critical, even fatal, blow to a business. But it can happen, so be prepared. This guide outlines some best practice to avoid being delisted.
Topic:
Manage retail business
Date:
2008
Source:
Scotland Food & Drink
However, accepting the possible harsh realities, it focuses on how to survive if this situation arises. The power of the grocery multiple trade can be a double-edged sword. Fantastic when that listing comes through, disastrous when it is pulled from you. For many Scottish food and drink companies this is a very real issue and one that must be managed at the heart of the company’s strategic planning process. Gaining a retail listing can provide a dramatic step-change in the potential of the company. However, its effect and management within the overall strategy of the business must be given careful consideration. Don’t be tempted to focus all efforts on servicing the new listing to the detriment of either existing business or long-term planning. It is a new channel of distribution, albeit potentially a relatively lucrative one, and it should be developed within the overall company growth plans.