Retail - Restructuring

Eroski Overcomes Difficulties, Targets Growth Through Franchising

Spanish grocery cooperative Eroski has overcome past difficulties and is now positioned for renewed growth, CEO Rosa Carabel told daily El Pais.

Brazil's GPA Reports Sharply Narrower Fourth-Quarter Loss

Brazilian food retailer GPA, controlled by France's Casino, reported that its fourth-quarter loss narrowed to 303 million reais ($61.36 million), improving...

French Finance Minister Vows To Defend Staff At Groupe Casino

French finance minister Bruno Le Maire has vowed to defend staff at debt-ridden supermarket retailer Groupe Casino, amid fears of job losses that could ari...

Groupe Casino To Continue Negotiations With Kretinsky's EP Global Commerce

Groupe Casino's board of directors have decided to continue negotiations with Daniel Kretinsky's investment vehicle EP Global Commerce a.s., as well as Fim...

Walmart Dismisses 56 Executives In India As Part Of Restructuring

Walmart Inc, the world's largest retailer, has dismissed 56 of its executives in India as it restructures in the country. The move underscores the chall...

Metro Says Restructuring To Cost Upto €80m

Metro said it expected the restructuring of its central administration to result in one-off expenses of up to €80 million ($88.62 million) in the...

Spain's DIA Reaches Agreement On Staff Restructuring Deal With Unions

Spanish retailer DIA Group announced that it has reached a staff restructuring agreement with the majority of trade union representatives from Spanish unio...

Steinhoff Appoints Ex-KPMG Partner As Chief Restructuring Officer

Embattled retail group Steinhoff has announced the appointment of Richard Heis as its new chief restructuring officer, as part of plans to return the busin...

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Coop Italia Reopens Portomaggiore Store

Agrokor's New CRO Alvarez Announces Bank Support

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