FRANCE: Intermarche poised to shed staff
Unions at Intermarche estimate that between 1,000 and 1,500 jobs could be under threat as a result of a rationalisation programme being planned by the French supermarket chain in order to improve productivity.
The chain employs around 9,800 staff.
The programme, to be implemented over the period 2006-2010, is thought to entail a radical restructuring of Intermarche's logistics organisation which encompasses a network of around 40 distribution centres. Posts could also be reduced in administration and management.
The prospect of cutbacks at Intermarche follows the news recently that Carrefour is planning to cut 1,700 jobs at its head offices in France in order to remain competitive.
Retailers are expanding ever further, and food manufacturers are becoming more and more multinational. Expansion can bring increased profits, not just through higher sales but also more efficient sour...
Buying power is often used by supermarkets to negotiate with their suppliers to get lower prices. These savings can then be passed onto the consumer in terms of price cuts and promotions. But do consu...
French retail giant Carrefour has denied newspaper claims that it has been holding talks with US titan Wal-Mart....
Carrefour of France is the top foreign retailer in China, measured by sales during the first half of the year, according to a Chinese Ministry of Commerce survey quoted by the Dow Jones news agency....
A judge in Buenos Aires province has imposed an embargo of more than 150m pesos (US$52.4m) on French retailer Carrefour in favour of provincial tax authorities, according to the Dow Jones news agency....
French based supermarket chain Carrefour has announced a rise in sales of 4.1% to €20.4m in the second quarter of 2005....
French supermarket chain plans to buy French low-cost supermarket Penny Market from Germany's Rewe, while selling catering supplies group Prodirest to transGourmet, a joint venture between Rewe and S...
French supermarket Carrefour has acquires 10 hypermarkets in the Sao Paulo area from Sonae, it said today (Thursday)....
- Unilever 2016 investor day - the top takeaways
- The key questions for digital strategists in 2017
- Wessanen's move for Spain's Biogran - analysis
- Have food promotions reached tipping point?
- Burger King, Jollibee: foodservice focus, Nov 2016
- General Mills jobs to go in business revamp
- Verlinvest, China Resources invest in Oatly
- B&G acquires pasta sauce group Victoria Fine Foods
- Japan's Nagatanien buys Chaucer Food Group
- Tyson sets up US$150m investment fund