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Provider: Wright Reports

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Fnac SA announces proposed closure of two stores

Wednesday, 15 Jan 2014 01:10pm EST 

Fnac SA:Announces the proposed closure of the stores in Villiers-en-Biere and Portet-sur-Garonne.Says the closure of the Villiers-en-Biere store is due to the store's results, deteriorating for the few previous years.Says the closure of the Portet-sur-Garonne store is mainly due to the downturn in the store's catchment area.Says the company's management will offer the 62 employees concerned internal transfer opportunities within the company, notably within its other 85 stores. 

Company Quote

-0.0050 -1.85%
19 Sep 2014