Metro to abandon UK?
Metro Group-owned Makro is planning to cut 378 jobs by closing three cash and carry stores in the UK.
The closures were due to "difficult
trading times and a need to reduce costs," according to the
company. As Makro Cash & Carry in the UK is struggling, it is
possible that the company will abandon its presence in the country.
However, Metro Group still seems to be optimistic. The company
announced in October 2008, that it expects Makro to turn a profit
within the next four years.
Related news
More related news >
Related news
The Hungarian Product trademark gives companies a sense of community and customers reliable quality
Professional cooperation based on mutual benefits enables businesses to overcome…
Read more >Péter Szautner joins the Bonafarm Group
Péter Szautner continues his career as Deputy CEO and Group…
Read more >Lidl and the Ministry of Agriculture announced: the domestic melon season has begun
The first shipment of watermelons from Hungarian suppliers has arrived…
Read more >