Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Tesco Poland Plans To Scale Down Operations After Profits Decline

April 13, 2017: 12:00 AM EST
Tesco plans to downsize its retail operations in Poland in 2017, following a 3.6-percent drop in year-on-year profits in 2016. According to the retailer, its profit dropped to PLN 10.8 billion in fiscal 2016/17, compared with PLN 11.2 billion in the previous year. Tesco plans to close some stores in the country, reducing its retail space by about 33,000 square meters, according to the Rzeczpospolita newspaper.
"Tesco Poland profits slide, store closures expected: report", thenews.pl , April 13, 2017, © Polskie Radio S.A
Domains
RETAIL BUSINESS
Market News
Operations
Strategy
Geographies
Worldwide
EMEA
Europe
Poland
Categories
Companies, Organizations
Market News
Developed by Yuri Ingultsov Software Lab.