(IN BRIEF) The Jerónimo Martins Group has decided to close Hussel’s chocolate and confectionery retail operations in Portugal after concluding that the business was no longer sustainable. The decision follows the insolvency of Hussel’s German partner, which disrupted supply chains … Read the full press release →
Posted in Business, Investment, Management, News, Portugal, Retail
Tagged chocolate retail, cocoa prices, confectionery market, COVID 19 impact, employee redeployment, European Union deforestation regulation, Hussel, Hussel GmbH, Jerónimo Martins Group, Jerónimo Martins Group Confirms Exit from Hussel Chocolate Retail Business, Portugal retail sector, retail restructuring, rising operating costs, store closures, supply chain disruption, sustainability regulation
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