Restructuring

French Retailer Casino To Detail New Strategy Plan At Year-End, CEO Says

The new leadership of Casino will detail its strategy plan to revive the troubled French food retailer towards the end of the year, new CEO Phili...

Coop amba To Wind Up Its Corporate Venture Arm

Coop amba, the association behind Coop Danmark, will close down its investment division Coop Invest as it seeks to simplify its management structure.

DMK Group Appoints Andreas Unruhe As COO Of Ice Cream Unit

German dairy firm Deutsche Milchkontor (DMK) has named Andreas Unruhe as the new chief operating officer (COO) of its ice cream division, effective 1 June...

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Jumbo Announces Restructuring, Downsizing On The Cards

Dutch retailer Jumbo is restructuring its organisation as it plans to focus on an improved shopping experience, a better and more sustainable assortment an...

Eurocash Group Reports 'Stable' Sales In First Quarter

Poland's Eurocash Group has reported 'stable' sales amounting to PLN 7.6 billion (€1.8 billion) in the first quarter of its financial year.

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...

Estée Lauder Slashes Annual Profit Forecast, To Cut Jobs

MAC lipstick maker Estée Lauder slashed its annual profit forecast and announced a restructuring programme aimed at cutting about 3% to 5% of its wo...