Trademagazin > News and articles > Company and Personal News > Metro's household electronics retail is making losses
Metro's household electronics retail is making losses
The Duesseldorf-based Metro group's household electronics retail section, the Media-Saturn closed with 44 million euros operating loss in this year's second quarter.
The sales of the chain decreased. The company is willing to give a new impetus with the ramp-up of e-commerce. Saturn's products can be purchased on the internet from October 2011, while at Media Markt this option begins from next January – writes Világgazdaság Online, after Bloomberg.
Related news
More related news >
Related news
OKSZ: Retail is not responsible for rising prices
The 3 percent annual increase in retail sales in June,…
Read more >We can also taste the most delicious Hungarian dishes of the Carpathian Basin on St. Stephen’s Day
The gastronomic center of this year’s St. Stephen’s Day promises…
Read more >Three SPAR stores across the country were renovated with a development worth nearly 2.3 billion forints
Despite the challenging economic environment, SPAR Hungary continues its investments,…
Read more >