All six stores and delivery operations will close following a review of the business’s long-term prospects, with METRO saying it will support around 650 employees through the transition. IN BRIEFKEY TAKEAWAYSFAQs METRO AG has decided to discontinue its business activities … Read the full press release →
Posted in Business, Food & Beverage, Germany, Retail, Transportation & Logistics
Tagged business exit, Christiane Giesen, delivery operations, Düsseldorf, employee transition, food service distribution, food wholesale, FSD, Germany, HoReCa, hospitality businesses, independent merchants, Kazakhstan, Metro, METRO AG, METRO AG to close Kazakhstan operations and all six stores by March 2027, METRO cites persistent growth challenges as it prepares to cease Kazakhstan business, METRO Kazakhstan, METRO Kazakhstan to wind down stores and delivery operations as group ends local activities, METRO MARKETS, METRO plans phased exit from Kazakhstan after review of long-term business prospects, store closures, supply chain, traders, wholesale operations
(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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