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
SPAR’s innovative packaging solution that uses less plastic has been recognized with prestigious awards
SPAR Hungary’s innovative packaging technology has been honored with two…
Read more >The Chairman and CEO of Szerencsejáték Zrt. is leaving
The Chairman and CEO of Szerencsejáték Zrt. will leave his…
Read more >Hungexpo: more than 23 thousand visitors visited the Travel+ Exhibition and the Budapest Boat Show
More than 23 thousand visitors visited the 47th Travel+ International…
Read more >