By Elric Langton | 1 May 2023
The Works Plc is a discount retailer based in the UK with 525 stores offering a diverse selection of products, including books, arts and crafts supplies, toys, gifts, and stationery, including 15 brands. The Company operates both online and through a chain of high-street stores to provide customers with affordable and top-quality merchandise.
I understand if you think itβs crazy to focus on a retail company during a time of inflation, recession fears, and declining foot traffic on our high streets. However, at Lemming, we aim to identify pre-commercial, emerging, and potential recovery opportunities, which naturally involve high-risk propositions. The Works align with our objectives. Moreover, it is at the lower end of the risk scale.